Nice. Sounds like an average "rainmaker" partner at a law firm clears north of $2mil/year with sign-on bonuses and multi-year contracts; and you can be a prima-donna and complain with the management and throw your weight around.
Very unlike an engineering company where you have to keep your head down and do the work. Good for them.
Law firms don't have "management" like a typical company. Partners are shareholders, not employees, and the power structure is based on who originates the most business, not on who holds what title. "Management" can be a pretty thankless job under those circumstances.
It's not that different than engineering. For the associates, it's 2400-3000 hours a year billable. They work from when they wake up until they go to bed.
If they're lucky enough to make it to partner, they frequently still have huge billing expectations. If they don't pull in clients, they're gone. And if there is a down year before they make it to partner, they can easily get sacked. 80% of law grads are clawing to get these jobs, and the ones who don't wind up underpaid with massive debt.
Compare this to engineering... The median workers do well. The lifestyle isn't that awful. The CEO and top salespeople are still the best paid people in most technology firms.
Comments
Nice. Sounds like an average "rainmaker" partner at a law firm clears north of $2mil/year with sign-on bonuses and multi-year contracts; and you can be a prima-donna and complain with the management and throw your weight around.
Very unlike an engineering company where you have to keep your head down and do the work. Good for them.
Law firms don't have "management" like a typical company. Partners are shareholders, not employees, and the power structure is based on who originates the most business, not on who holds what title. "Management" can be a pretty thankless job under those circumstances.
It's not that different than engineering. For the associates, it's 2400-3000 hours a year billable. They work from when they wake up until they go to bed.
If they're lucky enough to make it to partner, they frequently still have huge billing expectations. If they don't pull in clients, they're gone. And if there is a down year before they make it to partner, they can easily get sacked. 80% of law grads are clawing to get these jobs, and the ones who don't wind up underpaid with massive debt.
Compare this to engineering... The median workers do well. The lifestyle isn't that awful. The CEO and top salespeople are still the best paid people in most technology firms.