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Work/Life Balance - How to achieve?

post #1 of 49
Thread Starter 
I am asking this forum for advice because I think the diversity of people here can give a much better perspective on life than if I just asked a bunch of my lawyer friends.

I've been hating my job lately. I don't hate the work. I just hate there's so much of it. If I had a normal amount of work, I think I would actually quite like it. I am a junior attorney at a large law firm. I don't consider myself exceptionally career driven. I commit to be good at the things I do and I work hard when I need to, but I will never choose work over other aspects of my life. Family, friends, significant other, exercise, sleep, and hobbies are all aspects of my life that I would like to maintain. I also want to make enough money to have a comfortable living. The problem is that I'm not even coming close to balancing these work/life aspects. My time-management skills are not outstanding, but I am not horribly inefficient either. I devote most of my time to work and significant other. I see my parents every now and then. I have time to work out maybe once or twice a week. My participation in sports have dwindled to a minimum. I see friends once or twice a month at best. I have almost no time to do things such as cook and clean my apartment.

Last year I billed 2300 hours. This year I am on pace to bill 2400 hours. For those of your non-lawyers, most law firms set 2000 hours as a target. So 2300 is about 2 extra months of work in a year. I don't even ask for the work. It's just coming to me, mostly due to the staffing situation at my firm and the fact that people have figured out that I am a dependable worker.

If you count up the average number of hours I work per week (worked, not billed), it doesn't even seem that high. It's probably around 60-something. But I work every single day of the week. I can count in one hand the number of free weekends I've had in the past year. My understanding is that many investment banking and consulting jobs average 80+ hours per week. Am I being a wuss? Do I need to drastically improve my time management?

I know I can leave my job and go work for a small shop that pays maybe $50K a year. But I also don't want to have to worry about finances all the time. If I want to make at least $100K in this country as a young professional, outside getting lucky with a good investment or something, should I expect to be putting in as many hours as I do? Is this normal?
post #2 of 49
I don't work in law, so I don't know anything about the culture or expectations. In general though, I just set pretty firm boundaries right from the beginning. My people get their evenings and weekends, and I expect to have my evenings and weekends. That doesn't always happen, and that is fair enough in my line of work, but it is not the norm, nor do I let it become the norm. I've had coworkers that get swamped and sucked in and pretty soon, it is expected that they will be there 7 days/week.

Time management is absolutely critical.
post #3 of 49
If you want to make the big money in law you have to put in those hours. I work at a smaller firm and earn less than you, but I don't have to bill nearly as much as you.

I see that eventually sole practitioner is where it's at. Just getting myself ready for that in another 5 years.
post #4 of 49
Thread Starter 
Quote:
Originally Posted by Milpool View Post
I don't work in law, so I don't know anything about the culture or expectations. In general though, I just set pretty firm boundaries right from the beginning. My people get their evenings and weekends, and I expect to have my evenings and weekends. That doesn't always happen, and that is fair enough in my line of work, but it is not the norm, nor do I let it become the norm. I've had coworkers that get swamped and sucked in and pretty soon, it is expected that they will be there 7 days/week.

Time management is absolutely critical.

Sounds like you are a good boss. I'd rather work longer hours 5 days a week and have most weekends off. Working 7 days a week makes the year go by so fast. Each week feels the same as the last and it becomes a countdown til the next vacation.
post #5 of 49
So you're set at making $100k +? You need to ask yourself why, which is something actually very few professionals do. Do you have something concrete that you want to do with that money, like travel? If you're just amassing wealth for the sake of it, and not actually seeking happiness, then I don't think you'll ever find satisfaction. My whole family, lots of attorneys, are like that- they just like their little daily schedules, raise a kid, get through the weeks, months, etc, but they never seem to have any goals beyond just subsisting. I'm a beginning attorney as well, and when I tell them I'm saving up for a trip to Asia or whatever, they scoff like "I just don't have time for that anymore." Wtf? What the hell are you doing with your life then? I think there are very few people out there actually looking for happiness itself, most have eclipsed that goal with a secondary facade of something else. Ever since I chose to go to law school, my goal has been to get a career with a flexible schedule. Thankfully I can use my family to open up my own general practice, which looks likes it's going to bring me in about 13k a month. Sounds great, but it comes at the cost of being way out in the boonies, no benefits, harrasssing family law clients, and all the responsibility is on my own shoulders. But it's worth it to me because I'm my own boss, I'll really only have to work 35 or 40 hours a week, and I can make time to travel, which is my ultimate passion. The Hindoos declare there are 4 noble goals of life- kama (sexual pleasure), artha (wealth/properity), dharma (morality), and finally moksha, or enlightenment. It is no coincidence that the Buddha was a wealthy prince before he set out as a monk- he had the opportunity to experience sexual and material pleasure, and I believe everyone needs to do that before they can move on to seeking wisdom. Trouble is, most of us get stuck at kama and artha and never move on.
post #6 of 49
Ever read Marcandangel.com? Check out the right hand column near the top of the page, it's their all time besrt stuff. It's all common sense, but sounds like things you could use to be reminded of.

I know I've never been happier than when I stopped buying things i didn't need, stopped trying to compete as far as materialism, and just enjoyed the sunset or the beach with all the extra time I had. Stretches that $50K a lot farther than you think when you only buy what you NEED and save the rest. Yes, it's anti-SF and anti-American dream...but you have to decide if happiness is worth it to you. Do you know many happy lawyers working 70 hours a week 7 days a week?
post #7 of 49
Thread Starter 
Thanks for the link.

I guess when I am around career driven people all day long who are happy or pretend to be happy, I start thinking that I am strange that I am not happy.
post #8 of 49
Quote:
Originally Posted by overdog View Post
Sounds like you are a good boss. I'd rather work longer hours 5 days a week and have most weekends off. Working 7 days a week makes the year go by so fast. Each week feels the same as the last and it becomes a countdown til the next vacation.

I try to be. Making it clear that high quality hard work is expected during working hours, rewarding that, and getting the slackers out really helps morale. Then, only having people work their evenings and/or weekends during emergencies (and real emergencies, not just someone's failure to plan properly) keeps them happy because their home life doesn't suffer.

When you feel like you can't tell the difference between weeks / months / years anymore, that is a sure sign of a problem. . . either burnout or boredom. Your management needs to be on top of that.
post #9 of 49
Quote:
Originally Posted by overdog View Post
Thanks for the link.

I guess when I am around career driven people all day long who are happy or pretend to be happy, I start thinking that I am strange that I am not happy.

You are absolutely normal.
post #10 of 49
Quote:
Originally Posted by overdog View Post
I am asking this forum for advice because I think the diversity of people here can give a much better perspective on life than if I just asked a bunch of my lawyer friends.

I've been hating my job lately. I don't hate the work. I just hate there's so much of it. If I had a normal amount of work, I think I would actually quite like it. I am a junior attorney at a large law firm. I don't consider myself exceptionally career driven. I commit to be good at the things I do and I work hard when I need to, but I will never choose work over other aspects of my life. Family, friends, significant other, exercise, sleep, and hobbies are all aspects of my life that I would like to maintain. I also want to make enough money to have a comfortable living. The problem is that I'm not even coming close to balancing these work/life aspects. My time-management skills are not outstanding, but I am not horribly inefficient either. I devote most of my time to work and significant other. I see my parents every now and then. I have time to work out maybe once or twice a week. My participation in sports have dwindled to a minimum. I see friends once or twice a month at best. I have almost no time to do things such as cook and clean my apartment.

Last year I billed 2300 hours. This year I am on pace to bill 2400 hours. For those of your non-lawyers, most law firms set 2000 hours as a target. So 2300 is about 2 extra months of work in a year. I don't even ask for the work. It's just coming to me, mostly due to the staffing situation at my firm and the fact that people have figured out that I am a dependable worker.

If you count up the average number of hours I work per week (worked, not billed), it doesn't even seem that high. It's probably around 60-something. But I work every single day of the week. I can count in one hand the number of free weekends I've had in the past year. My understanding is that many investment banking and consulting jobs average 80+ hours per week. Am I being a wuss? Do I need to drastically improve my time management?

I know I can leave my job and go work for a small shop that pays maybe $50K a year. But I also don't want to have to worry about finances all the time. If I want to make at least $100K in this country as a young professional, outside getting lucky with a good investment or something, should I expect to be putting in as many hours as I do? Is this normal?

In my limited experience, it seems that most professions that pay 100+ (unless you are a teacher or a union employee) require long hours. Btw, I'm in a similar situation as you. For me, I have to stick with it at least till I pay off my massive student loans. Do you have a large student loan burden? If not, then you can largely do what you want. Separately, do you only associate greater pay with the large firms? Large firms also bring in some of the most interesting and high-level cases.
post #11 of 49
You work 60 hours a week? That's like 12 a day no weekends? It may seem like a lot elsewhere but in New York that is a very standard job. My friends in finance work somewhere between 60-130 a week. 60-70 is very normal for trading 80-100 is pretty normal for banking, thats about 14 a day + saturday. One of my friends works for GS banking and he pulls 20hrs/day everyday during busy weeks. Maybe you can try to adjust your schedule so you work more on weekdays and don't have to come in on weekends, which will give you much more social life, but it seems unrealistic to want to make over 100k while working a 9-5 unless you're already at senior management or found some amazing job that is unique and essential.
post #12 of 49
You can easily make 100K working 40 hours a week. Only problem is, these are usually more senior jobs.
post #13 of 49
I don't know for sure, but I suspect the OP means that he bills 60 hours a week. Actually working 60 hours a week is nothing in law. But billing 60 a week consistently is a decent amount of work. Just so everyone knows, billing 60 hours a week usually requires 70-80 hours a week of work.
post #14 of 49
Quote:
Originally Posted by MetroStyles View Post
You are absolutely normal.

+1, I feel you. By the way Metro did that Asia trip ever helped you? I am considering doing something like that, or just get out for a bit, I saved enough to f* around for a year... I thought about going back to school, but then the question becomes what do I do after school? Don't want to go to school just for the sake of escape.

Sorry, hijacking thread a bit here...
post #15 of 49
Quote:
Originally Posted by clee1982 View Post
+1, I feel you. By the way Metro did that Asia trip ever helped you? I am considering doing something like that, or just get out for a bit, I saved enough to f* around for a year... I thought about going back to school, but then the question becomes what do I do after school? Don't want to go to school just for the sake of escape.

Sorry, hijacking thread a bit here...

I'll PM you.
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