I Got Laid Off From Big Law

I got laid off from big law. Here's what's next.

SEE MY ENTIRE PORTFOLIO

MY BOOK

FREE STUFF

FOLLOW ME FOR MORE CONTENT!
-TikTok: @jackduffley
_________________________________________________

Disclaimer:
This channel, and any communication stemming from it, while hopefully informative, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. You should assume all links posted above are affiliate links. I am an Amazon affiliate.

[រៀនអង់គ្លេស-តខ]

I'm sorry to hear. As they say, easy comes easy goes. I graduated in 2011 and Biglaw wouldn't even look at me despite being above median at T10 law school, so you should appreciate you had a few years inside their machine. I think you're very smart and talented and will do fine in the long term.

[Zay]

I left Big Law two years ago, and honestly that decision was one of the best I've ever made. I started my own firm with one other partner. We do business law and managed to get plenty of great clients. Having my own business is awesome, I get to travel, started investing heavily in real estate, and control my own hours!

[kylegrimm]

Gotta love those surprises that force you into new directions. Good thing it’s not always a bad thing!

[SustacheRealEstate]

thanks for sharing the ups and down. Your attitude makes the difference, cant wait to see whats next.

[xporkrind]

Big Law would be great if you could do it 40 hours a week. But it doesn't really work that way. And I think that is part of the problem. It's designed to maximize profit, not to optimize personal happiness and to create work-life balance.

[cookiejar]

Sorry to hear that, mate. Good luck with your new endeavours. Im sure it's for the better and you'll come out stronger (nad richer) on the other side 😊

[SweatLessTravel]

Just saw this very late. I'm glad your firm is doing well. I am an alumnus of the same firm, albeit many years before. I first moved to a boutique Chicago firm to do bigger better deals, and then went solo 19 years ago after getting married and moving downstate. Best move ever. Best wishes!

[kevinthewind]

We were hearing rumblings within Seyfarth (Atlanta office) that layoffs were acomin' back in late 2022, early 2023. I'm sorry you were impacted.

[fedemata]

This is the proper way to handle and think about a major life-altering thing. Keep at it 👍

[xporkrind]

I could never stand Big Law. I even tried Medium Law and Small Law and they were just as difficult. With Small Law it's easier to find nicer people to work with, but it's still insanely busy. I guess my problem is that I really want to find the mythical Slow and Reasonable Law (from the 1940's and 1950s') But it doesn't exist anymore so you would have to be a rich powerful and successful partner in order to even try and create Slow and Reasonable law. And there isn't much money in it.

[JackDuffley]

"Oh, I'm afraid the website will be quite operational when your friends arrive"

[letsgetreal]

thanks for letting us all know about this issue, this is a reality for all lot of us

[luis_g_]

You have a great attitude. Looking forward to seeing what's next.

[dac]

Friend got laid off after 3 years. He went back for his Masters in real estate development and now making 3x his old salary for a company He set up

[priceandpride]

I’m really sorry that happened just when so many things were going well for you. Good thing you wife makes bank too

[lionlikemessenger]

Looking back, would you recommend going to a law school that gives a good scholarship (full ride?) or a more prestigious school that costs significantly more?

[meteoriteeeee]

Do you think a big reason why you got laid off is because you were in the real estate group? Like if someone was in a more stable group would they be a lot less likely to get laid off?

[axtoon]

I'm about to be a summer associate in a big law firm on their RE team. Is this something I should be concerned about?

[ebbsandherb]

As someone outside of the industry, the math doesn’t line up. If your billing approx 1700-2000 hours/year at what I would assume is $500/hr, after an approx 300k salary, wouldn’t an associate net the firm roughly 500k? In your opinion is this driven by the partners envisioning a reduction in cases / transactions?

[jcnlaw]

Experienced divorce and family law attorney here. Why don’t you consider divorce and family law? You will never run out of potential clients! It will also give you the opportunity to change the trajectory of people’s lives for the better! Stay strong. Good night times ahead!