What do you do? (1 Viewer)

[That SOB Van Owen]

I'm sure I'd shit seeing those rates. At a surface level staff rates in my world are much lower than those in law, but I also have more levers to pull to generate profit. I'd assume that outside of some reimbursable expenses most law firms have their entire nut baked into those billable rates.

And to your point, the stuff I'm talking about is relative, I can justify and successfully negotiate higher rates for our people because we are a premium brand and a known commodity in the market. I'd assume a similar situation in a big law vs mom & pop law firm

Not law, but going rates for partners at Big 4 accounting firms are over $1,000 per hour. Hell they charge like $250 per hour for a first year staff that can’t tell their ass from a tax deduction. Big law is going to be a lot higher than that.

 

[HuskerGarrett]

Out of college I went to work for Merrill Lynch as a Financial Advisor. Did that for a few years and hated it so moved to Vail, CO to be a Ski Bum for a winter. Loved it there. Ended up buying the Live Music Venue I worked at for 7 years. Best but also most stressful 5 years of my life as Sept 11th kicked us in the nuts for a few years and then our asshole Billionaire Landlord decided to tear the building down so he could build a $550 million monstrosity that did not include plans for a Live Music Venue. I bounced around a little doing business consulting and helping run businesses while also doing some Real Estate along with Live Music. Had a crazy baby mama that I was following around so ended up in Illinois, which is a state nobody should have to live in. Ran restaurants there until the day after my daughter left for college. Moved to the Lake of the Ozarks to full time to concentrate on Real Estate. Love it. Long hours sometimes but I get to boat 150-200 hrs a year and even show homes sometimes by boat. Figured I was going to retire down here so why not move here to work instead of some big city. Love the Lake Life!!!

 

[Jim14510]

Does the chick come with it?

 

[EwokRhuler]

What do I do? Pretty much this:

 

[herbsinator]

No offense but what the hell do you guys do with your $375/hr when you own your firm?

Most solos aren’t billing/collecting anything close to that.

 

[MtnHusker]

Oh she's a trip. Works with us, just on a different team. She seems more interested in producing Instagram material than actually working

 

[Milo-of-Croton]

I am retired. I highly recommend it although I am looking for a part time gig with no pressure or stress, have some fun and make a few extra bucks.

 

[Jim14510]

Oh she's a trip. Works with us, just on a different team. She seems more interested in producing Instagram material than actually working

She do butt stuff?

 

[Herbie]

She do butt stuff?

 

[DrumMonkeyRobot]

I'm curious if OP ever ended up switching careers.

@kevost ? You there?

 

[Kaladin]

I'm curious if OP ever ended up switching careers.

@kevost ? You there?

He took a job at Enterprise Rent a Car

They give him the tools to be his own boss

 

[DrumMonkeyRobot]

He took a job at Enterprise Rent a Car

They give him the tools to be his own boss

They have an excellent corporate structure.

 

[kevost]

I'm curious if OP ever ended up switching careers.

@kevost ? You there?

Sort of. Got out of mortgages and went back into Telcom/IT and moved back home closer to some family. About the same money I’ve made per year for the last 5ish years but we don’t have a mortgage (or rent) anymore and the wife actually ended up getting a job with a pay raise. Way less stress and a company vehicle to take home. Ton of people at this company have 40+ year tenures so I’m gonna tell myself to just take it one day at a time and hope to make it 30 and call it good.

We also Just welcomed our second daughter a few weeks ago. So lots of change since roughly Thanksgiving.

 

[kevost]

He took a job at Enterprise Rent a Car

They give him the tools to be his own boss

Ha, I have actually applied with them in the past.

 

[HuskerGarrett]

 

[DrumMonkeyRobot]

Sort of. Got out of mortgages and went back into Telcom/IT and moved back home closer to some family. About the same money I’ve made per year for the last 5ish years but we don’t have a mortgage (or rent) anymore and the wife actually ended up getting a job with a pay raise. Way less stress and a company vehicle to take home. Ton of people at this company have 40+ year tenures so I’m gonna tell myself to just take it one day at a time and hope to make it 30 and call it good.

We also Just welcomed our second daughter a few weeks ago. So lots of change since roughly Thanksgiving.

Congrats on the second kiddo!

 

[kevost]

Congrats on the second kiddo!

Thank you!

 

[BushAK]

I teach 8th and 9th grade Language Arts and coach middle school basketball, varsity boys basketball and most of jv because that coach has the immune system of an AIDS victim, and boys soccer. I also work part time at a local sporting goods chain store.

I would not recommend any of it.

 

[Baron Winnebago]

I teach 8th and 9th grade Language Arts and coach middle school basketball, varsity boys basketball and most of jv because that coach has the immune system of an AIDS victim, and boys soccer. I also work part time at a local sporting goods chain store.

I would not recommend any of it.

But you can go home and smile because you made a difference in those kids lives that will last forever

 

[BushAK]

But you can go home and smile because you made a difference in those kids lives that will last forever

Always important to know your "why"