Law career | Imamother

amother

OP ↓

Sun, Dec 01 2024, 10:41 pm

If you or your dh are in law what is your current income and how many years have you been working? Where is your office located?

amother

↑ OP ↓

Yesterday at 5:28 am

amother Hosta wrote:

Ny Big law. 8 years. With bonus almost 600k

What’s the trajectory after this, partner? And if you don’t make partner does the salary ceiling out for of counsel positions?

amother

Azure

Yesterday at 10:15 am

Wow, that sounds great! How many weekly hours are they expected to bill, and do they all have to be in the office or can some be done remotely?

amother

DarkKhaki ↓

Yesterday at 10:55 am

Out of town. My husband is in a small office and his base salary is 95k with bonuses and commisions comes to around 125k a year.
His hours are 9-6 and very flexible when leaving early or coming in late. No benefits.

I just want to paint a realistic picture for those considering entering the profession. Not everyone gets in or is the type to do big law. The student loans are tremendous.

amother

Mulberry ↓

Yesterday at 10:58 am

, 3rd year big law 325k without bonus, bonus is 50k but half bonus goes to tax so ends up 350k annual

amother

↑ Mulberry ↓

Yesterday at 10:58 am

amother Mulberry wrote:

, 3rd year big law 325k without bonus, bonus is 50k but half bonus goes to tax so ends up 350k annual

Ny area

amother

↑ DarkKhaki ↓

Yesterday at 11:43 am

amother Hosta wrote:

Ny Big law. 8 years. With bonus almost 600k

What are the hours your husband is out of the house or dealing with work stuff?

amother

Maize

Yesterday at 11:50 am

amother Mulberry wrote:

, 3rd year big law 325k without bonus, bonus is 50k but half bonus goes to tax so ends up 350k annual

I mean doesn't a bunch of your salary go.to tax too,

amother

DarkYellow ↓

Yesterday at 11:55 am

amother DarkKhaki wrote:

What are the hours your husband is out of the house or dealing with work stuff?

I’m not the ima you were asking but in general NY BigLaw jobs have long unpredictable hours. 12 hour days + commute is common. Working on the weekends is almost expected.

amother

↑ DarkYellow

Yesterday at 11:55 am

amother Maize wrote:

I mean doesn't a bunch of your salary go.to tax too,

Not as much as the bonus

amother

↑ OP ↓

Yesterday at 11:56 am

Wondering what is a Realistic expectation for salary in house with 5 plus years big law experience? New York

amother

↑ Whitesmoke

Yesterday at 12:08 pm

amother OP wrote:

Wondering what is a Realistic expectation for salary in house with 5 plus years big law experience? New York

Anywhere between 300-600k long hours working weekends
And depends which firm
And how much his boss likes or hates him

amother

↑ OP ↓

Yesterday at 12:23 pm

Firm? I mean investment bank fintech company or similar.
It’s hard. Biglaw pretty transparent-although some firms have stricter bonus hour requirements-but for of counsel and partner or going in house there’s so little information.

amother

↑ Mulberry

Yesterday at 6:29 pm

amother OP wrote:

A partner in big law makes around 1-2 million a year. It takes around 8-10 years of big law to make partner and it’s not a given. Counsel is around 800k

amother

Antiquewhite

Yesterday at 6:38 pm

FYI - Some lawyers in private practice are making way more than these numbers. I know personally some making over 1 million a year net.

amother

Emerald

Yesterday at 7:21 pm

Small to mid-law in tristate area, 4 years, $150k. I never wanted to do BigLaw because of the hours. I work in office three days a week, home 2 and I have a super flexible schedule. Get in around 9 and leave around 4. I work from home after my kids are asleep and no one cares as long as everything gets done. I also think I have good prospects here in terms of career growth/making partner. That being said, I'll never make BigLaw money and think realistically my max is around $400k. However, I'm happy with the tradeoff of money vs. hours.

amother

Hyssop

Yesterday at 9:24 pm

I work in house in a bank. I have around 20 years experience. I make a bit over 200k. Great lifestyle and benefits. Unfortunately I have likely hit a plateau in my career and won’t likely make any more than this. I am okay with the salary though.

amother

↑ OP

Yesterday at 9:31 pm

Dh left biglaw and went in house a few years ago. Was just unsustainable. Too many all nighters and insane partners. But now we feel like maybe the field isn’t worth it for a man if you’re not going to go big law partner route. In house is amazing for female lawyers who are moms and are looking for life balance but the money isn’t really enough if your the main breadwinner.