I would do it, except what are the prospects like, say, 5-7 years out? And just how many hours less are expected?
Quote from: Talk Is Cheap on February 12, 2009, 07:54:59 PMI would do it, except what are the prospects like, say, 5-7 years out? And just how many hours less are expected?1) Not a lot of lateraling into V20, but similar options to biglaw otherwise.2) Depends on the firm, but 1600-1800 hours billed was pretty common at firms I looked into.
I'm in midlaw, and it rocks. Minimum to get a bonus - 1800 hours. No minimum to retain your job (and no one seems to be penalized if they bill, say, 1600.) Lots of responsibility, which is sometimes stressful, but it sure as hell beats doc review. I'm not looking to ever lateral to a big firm, so exit opportunities are not an issue for me. In fact, I just want to learn enough so that I can feel comfortable exiting out of firm life altogether in four or five years to open my own practice, so the added responsibility is a plus. Pay - less than market rate, but not really that far off. I honestly think I have the best job in NYC, and kinda feel bad for the suckers in biglaw.