Most people go into BigLaw for the money. Maybe with a side-serving of prestige. Shocker, right? Sure, we may have a vague expectation that the work in BigLaw may be intellectually challenging (sometimes it is, sometimes it isn’t), but let’s be honest. We aren’t doctors, or teachers, or artists. At least early-on in a BigLaw … More What Is Your Net Worth?
Part 1 of this series discussed the path that many take from being bright-eyed; bushy-tailed [young people] to being bright-eyed, bushy-tailed new BigLaw attorneys with a ton of student loan debt hanging over their necks. Part 2 of this series attempted to convince you that if, in fact, you have a ton of student loan … More From Law School to BigLaw to BigFI(RE?), Part 3 – The Great Student Loan War (cont’d)
Every lawyer follows a path. The point of this blog is to hopefully help young BigLaw lawyers (and others looking to achieve financial independence… but I’m going to write about what I know) find a path that leads to financial independence–and early retirement, if desired–rather than the golden handcuffs of overspending and trying to keep … More From Law School to BigLaw to BigFI(RE?), Part 2 – The Great Student Loan War
If you’re in BigLaw, the following path might look pretty familiar to you: Step 1, achieved around age 22: Obtain undergraduate degree (let’s say it’s a bachelor in science) in Underwater Basketweaving or some similar degree path (we’ll call this the B.S. U.G. Degree). You may or may not take out some student loans in … More From Law School to BigLaw to BigFI(RE?), Part 1
Welcome to the blog. It’s not much, yet, and it will probably never catch up to some of the blogs that were the inspiration for this one, but one has to start somewhere. I am a 30-something husband and father of a young child in a major, fairly high cost-of-living city. I also happen to … More BigLaw and Financial Independence: A Primer