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Living Large at a Small Size

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I got my monthly issue of the ABA Journal yesterday. There’s an interesting article how many top students from our country’s most prestigious law schools are turning down the lucrative offers of big time law firms and instead opting to work at small firms.

The people interviewed had a common reason: more autonomy and more interesting work. While you may make tons of money working at a big firm, you’ll probably be spending your time doing document reviews for senior attorneys for the next five years. Doesn’t sound very exciting. However, the opportunities to get into court and work with clients one on one are more available at smaller firms. The trade off, of course, is the cut in salary.

So, in the end, the decision comes down to what you value. If you don’t mind doing boring work for lots of money, then by all means go for the big firm job. However, if you want to be more involved in your work, take the pay cut and work for a smaller firm.

What do you all think?

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4 Comments

  1. Wendell on 09.01.2007 at 07:21 (Reply)

    I’m currently of the opinion that I will work at a big firm initially. The bigger paycheck will help me pay off the debt quicker. I can always jump ship to a smaller firm if I’m unhappy, but I don’t think you can jump the other way. So I’ll start big, payoff some loans, and then maybe go small if I’m unhappy with my firm.

  2. The Frugal Law Student on 10.01.2007 at 05:55 (Reply)

    Wendell-

    That’s how I feel. Let’s hope I can get a big firm job here in town.

  3. Wendell on 10.01.2007 at 07:18 (Reply)

    Here is an article you might be interested in:

    http://news.yahoo.com/s/nm/20070109/us_nm/energy_transport_savings_dc

  4. The Frugal Law Student on 10.01.2007 at 19:54 (Reply)

    Thanks for the link Wendell!

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