I need to vent!

Benefit of being single, more TF money! WHOO!

Quote:

---

Originally Posted by Paulbot

Wow I'm in the wrong profession.

---

i think about that too on nights i can't fall asleep

Quote:

---

Originally Posted by Paulbot

Wow I'm in the wrong profession. A $700,000 bonus would solve every problem I currently have. Well I'd still be single but I would be in a much better position to be able to change that too.

---

how do we get this job?

Quote:

---

Originally Posted by SharkyMcShark

Over the last year I've come to the conclusion that my plan should be to finish my degree, become uncontrollably rich and then attract gold diggers from whom I will hide the majority of my assets and funds using a series of cunning constructed trusts and tax shelters, which I will combine with keeping a reasonably low living standard as to nullify the prospect of alimony payments.

Basically my law degree is teaching my how to effectively be a lonely rich bastard.

---

How far are you into your law degree/ how long left if you don't mind me asking?

Quote:

---

Originally Posted by heroic_decepticon

Dude, I don't want to shatter your dream. This is coming from a lawyer (ahem, me) who has been in the top Australian and international law firms, to a soon to be lawyer (you) - unless a miracle happens, you are very unlikely to be "uncontrollably" rich by being a lawyer, "constructed trusts" and "tax shelters" are not going to help you much.

Sure, you will make more than the average joe, in fact the moment you start you'll be earning 2 to three times more than your peers from other courses (bar Medicine and bankers and maybe other minor categories). BUT, you'll not be uncontrollably rich. You'll be comfortable, sure. You'll have lots of disposable income, sure. But, not uncontrollably rich.

Wanna be uncontrollably rich within 2-3 years of graduation? Go be a trader, stock broker or investment banker. But I gotta tell you, its not for everybody. Some people hate it.

My banker friend who went to law school with me just got a bonus of US$700,000, for 3 months' work. Not to mention that his basic pay is more than on par with a lawyer's. That, is uncontrollably rich and of a scale and a magnitude that is inconceivable, even to lawyers or doctors who cannot ever hope to achieve pay on that sort of scale (if they stay purely lawyers and doctors).

Sorry for that, I just don't want you to have this rosy picture and get smack disillusioned when you get into the working world and find out its not what its touted to be (I know it pissed me off back in the day).

The good news is, you'll still be exceeding comfortable as a lawyer, but you'll unlike be able to say that you're "set for life".

---

Ahh man HD... you just shattered my dream! ...

This is a reality I think I have to accept aswell. I am currently doing a law degree aswell- I have heaps long to go- bout 3 semesters left of degree and also have to do all the PLT and college of law after. Working and family/personal issues held me back a bit.

I'd like to think I can be rich as a lawyer but just isn't true- as I have friends who have been working and tell me its crap- long stressful days. Add to that fact Im at UWS - shite compared to UNSW or Sydney Uni. I am under no illusion of how hard it is and the amount of money that will be there- but I hold in hope it's all worth it.. I kinda got depressed for a while and that affected my eagerness to study- but now tfs make me wanna finish quick so I can buy more with that influx of disposable income.

Anyhow, I just hope I can eventually earn $100k/yr and I will be content.

And it is 3:30AM right now- I should have been studying for my corporations law exam rather than type this ...haha..

Quote:

---

Originally Posted by Autocon

how do we get this job?

---

Here:

Quote:

---

Originally Posted by heroic_decepticon

Wanna be uncontrollably rich within 2-3 years of graduation? Go be a trader, stock broker or investment banker. But I gotta tell you, its not for everybody. Some people hate it.

---

Quote:

---

Originally Posted by gdmetro

Ahh man HD... you just shattered my dream! ...

---

Sorry....... :(

Quote:

---

Originally Posted by gdmetro

This is a reality I think I have to accept aswell. I am currently doing a law degree aswell- I have heaps long to go- bout 3 semesters left of degree and also have to do all the PLT and college of law after. Working and family/personal issues held me back a bit.

I'd like to think I can be rich as a lawyer but just isn't true- as I have friends who have been working and tell me its crap- long stressful days. Add to that fact Im at UWS - shite compared to UNSW or Sydney Uni. I am under no illusion of how hard it is and the amount of money that will be there- but I hold in hope it's all worth it.. I kinda got depressed for a while and that affected my eagerness to study- but now tfs make me wanna finish quick so I can buy more with that influx of disposable income.

---

You know what? At the end of the day, its not about the money. You gotta like what you are doing. Thinking about a job in terms of how much money it can make you is almost akin to chasing girls so you can get under their skirt (this is me trying to link the 2 predominant topics, perhaps unsuccessfully). It's painful and one may not be so successful at doing it.

I do what I do cos I love doing it. Long hours so what? It's just more fun to me. Like I said, I can't be a banker, I just don't like it. So that sort of money was never meant to be made by me anyway.

Just a thought try to do really well and get into one of the top 6 at least (if that is your cup of tea). It's very very difficult to move to higher tier firms if you start at a small or mid sized firm. It's just the reality. I have uni friends who have been very very unhappy for years because of this.

Quote:

---

Originally Posted by gdmetro

Anyhow, I just hope I can eventually earn $100k/yr and I will be content.

---

You will likely get there in 2-3 years give or take and also depending on which tier firm you work for. Obviously you will get there faster if you're at one of the top three firms.

Good luck with Corporations Law. I loved it. Not sure the you do. heh.

Wow!!! No matter how hard I work, I'll never get a $700k bonus in any currency :(

Quote:

---

Originally Posted by jazzcomp

Wow!!! No matter how hard I work, I'll never get a $700k bonus in any currency :(

---

You could ask to be paid in Zimbabwean dollars.:p

Quote:

---

Originally Posted by jazzcomp

Wow!!! No matter how hard I work, I'll never get a $700k bonus in any currency :(

---

same but you know what it doesnt worry me that much i mean sure it would be nice to have that sort of extra dough laying around.
i enjoy my job its pretty much stress free i dont have to work extra long days if i don't have to i go to work for a few hours a day mon-fri and by the time i get home i have forgotten about work and i get to enjoy my weekends and because of that i am much more happier person...oh and i dont have to deal with customers/clients which is absolute bliss :D

Quote:

---

Originally Posted by Ode to a Grasshopper

You could ask to be paid in Zimbabwean dollars.:p

---

You got me there :) Missed that one. But then I'd probably have to live in Zimbabwe. Not really interested with that. I should say in any major currency :D

Quote:

---

Originally Posted by loophole

same but you know what it doesnt worry me that much i mean sure it would be nice to have that sort of extra dough laying around.
i enjoy my job its pretty much stress free i dont have to work extra long days if i don't have to i go to work for a few hours a day mon-fri and by the time i get home i have forgotten about work and i get to enjoy my weekends and because of that i am much more happier person...oh and i dont have to deal with customers/clients which is absolute bliss :D

---

I enjoyed my job before but it wasn't paying well eough. Now in my new job I get paid a bit well but I don't enjoy it as much as my previous job. :( I'd rather have stayed in my old job if only they paid me a bit more.

gdmetro I'm just about to finish third year and I've got four to go. Plus a year of honours in political science that it's looking likely that I'm going to be doing next year - mainly because out of high school over here they don't let you do straight law (I've been doing Law/Arts with a major in Politics). 3 years has seen me cover the units on Criminal, Tort, Contract, Property, Equity and Trusts, and half of Constitutional Law (of course excluding the advanced versions of these units you do later in your degree).

Quote:

---

Originally Posted by heroic_decepticon

The good news is, you'll still be exceeding comfortable as a lawyer, but you'll unlike be able to say that you're "set for life".

---

This disappoints me. If this won't make me uncontrollably rich, as television has led me to believe, what's the point? I could be cleaning toilets on a minesite for comfortable money...

(not said in a disparaging sense, I've got more than one good mate that does that kind of work. Just said in the sense that it won't take the better part of a decade to qualify for).

Maybe I should take up betting on football...