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Hoping this reaches out to the people who have been in the profession for a while. In the context of corporate law, something I've realised recently is that if you need to make a name or be at your highest earning potential, you have to be in the Tier-1 firms. However, every person I talk who have been in one of these Tier-1 firms, echo the same concern - burnout. Honestly, that's a valid and genuine factor to consider, cause burnout shouldn't be a reason to dissuade one from a practice/industry they are interested in. Also, for an industry which requires one to be so precise, everyone's body can only do so much until it gives up. So how does one in these Tier-1 firms even make partner when they suffer so much in 6 months - 1 year? Is there an alternative? (I'm sure there's a way to work around this) (fingers crossed)
So, as per the opinion of the experienced, what would you suggest? I'll obviously play devil's advocate but I really want your take on this? (HELP)
1. Transition as a lawyer to a country which prioritises WLB (Navigating the entire procedure of transition)
2. Move in-house (potentially stunts growth for people early in their career)
3. Do a different practice area like litigation, IP etcc.
4. Stick to a boutique your whole career (obviously earning far less than your Tier-1 counterparts)
5. Your suggestions
Regards,
Someone who is going through it
One definitely will get paid less than T1, but the life, moments, and time you get, along with right to ownership of work, directly engaging with clients etc. is priceless.
You have one life, better to experience it rather than work 14 hours a day everyday to earn money you wont even like/enjoy spending. Not worth earning that much if the sowrd of additional work always hangs over you, even on leaves/holidays.
Rather than focusing solely on career goals, itβs important to work towards living a fully rounded life. This includes not just career advancement but also personal growth, hobbies, relationships, and experiences that contribute to your overall well-being. If youβre feeling confined or restless in your current environment, consider stepping outside your comfort zone, travel abroad, immerse yourself in a new culture, or take a job in a different country to gain new perspectives. These experiences can offer clarity and reshape how you view success. Bottom line - live an interesting life.
In the end, an unexplored life isnβt worth living. Money and career status are not the only indicators of success. The richness of life comes from the experiences we have, the people we meet, and the fulfillment we find outside of the office. Focus on finding meaning in all aspects of your lifeβnot just in your work.