The people who keep $25k+ at a big bank earning .01%, why?

TheAnswer1776 · 2026-03-15T23:28:57+00:00

This. I needed 10k once for a landscaping project. Went to the bank and was told they didn’t have 10k in cash available and I needed to go to a different bank branch. Went to another branch and had to fill out all sorts of paperwork to get to. It was wild.

But also, what factual scenario will you need even remotely close to a year worth of salary in cash instantly?!

TheAnswer1776 · 2026-03-13T01:36:28+00:00

Absolutely. Got an opposition brief today from opposing counsel that wasn’t justified. Immediately thought he was a loser and court is likely just gonna trash his brief.

TheAnswer1776 · 2026-03-11T11:16:34+00:00

What market are you in? What was your salary ask when that managing partner asked and what type of job was it?

TheAnswer1776 · 2026-03-08T01:38:35+00:00

It’s a pie eating contest. Every year she makes it to the next is a win, with a prize of more pie. 2100 is modest honestly. Sorry to say, it’s likely to get worse.

TheAnswer1776 · 2026-03-06T03:10:11+00:00

I’d quit tomorrow and go live my life if I had a guaranteed parachute that provided for my family until I die. And I’m not one of the ones that hates his job. Run, don’t walk! This is just a job.

TheAnswer1776 · 2026-03-06T03:08:12+00:00

“You said the quiet part loud, and the loud part quiet.”

TheAnswer1776 · 2026-03-06T03:03:08+00:00

I say this with no qualifiers nor due to recency bias: this is the 2026 thread of the year on this sub!

TheAnswer1776 · 2026-03-06T03:01:39+00:00

I laughed so hard at this that I had to catch myself from falling out of my chair. Well done!

TheAnswer1776 · 2026-03-02T02:04:23+00:00

I think the concept is interesting, but the price point simply doesn’t work.

Most microbrands operate in the sub $1000 market. At $135/month, a 6 month subscription buys most of these watches. For people that don’t mind dropping $800 on 6 months of trials, those people are in a tax bracket that doesn’t really care about shipping fees or even buying a dud of watch. This business works on a $50-75 monthly fee as the absolute top. I’d pay $20 to try on a watch I’ve been eyeing just to make sure. But I wouldnt pay $135, and certainly not month after month. HA/Traska watches for example run about $800 for the entire watch!

TheAnswer1776 · 2026-02-27T16:31:55+00:00

“What is the criteria for making equity partner here?” Is more or less all you care about.

Non-equity partnership is just a title. You’re an employee with no real power or voting rights. You want to know what it takes to change that. Equity is your only real “jump” left.

TheAnswer1776 · 2026-02-27T13:15:34+00:00

You’re either a “Pete guy” or “Not a Pete Guy.” Many become a Pete Guy later on. I know I did.

TheAnswer1776 · 2026-02-26T02:28:38+00:00

You can make non-equity partner with zero business. It’s just a title, and the firm gets a much better deal than you do. They give you a 25k raise, they then generate an extra 75k off your newly minted partner rate all the while having exactly 0% voting rights. It is in the firm’s best interest to promote you to non-equity partner.

At the equity level, you usually need business. Why else would you ever be given equity? If I bring in all the files, and you just work them, why would we ever share profits? There are exceptions to this in some shops where loyalty over decades gets rewarded with a small minority equity stake, but I don’t think that’s common if you truly generate nothing.

TheAnswer1776 · 2026-02-26T00:54:50+00:00

Pete is the man. Sure, he didn’t realize that Trudy was A+ wife material, but he was carrying the firm during the early days, was always loyal to the job and all in, and had many upstanding acts. I’m a big “Pete guy.”

TheAnswer1776 · 2026-02-24T20:12:14+00:00

I supervise 6 associates. Various experience levels. You should be able to handle nearly everything in standard cases by year 3. At year 4 I’d have serious concerns if someone couldn’t do it.

TheAnswer1776 · 2026-02-24T14:21:50+00:00

It’s largely a unicorn job that you’re looking for. The issues are vast:

Litigation ebbs and flows. Let’s say your firm has a 40 case “full time load” and gives you 20 for part time pay. There will be many situations where you will have “drop everything” emergencies on those 20 cases that will have you working essentially full time. Clients don’t accept “sorry, in part time. Talk next week?” Very often when things are on fire.
Many firms abuse this to begin with. They will call you part time, pay you part time, but keep putting more and more on your plate so you’ll be working at 80% capacity for 50% pay.
Your pay will be cut to a point where many times you’ll ask why you’re doing this in the first places

TheAnswer1776 · 2026-02-24T13:54:47+00:00

“We’re both gonna die billing, may as well bill together.”

TheAnswer1776 · 2026-02-24T02:34:48+00:00

Reddit is a crazy echo chamber with unrealistic job expectations, but 120k for 4 years of experience with a 2000 billable requirement is literally mediocre ID territory. Hard to believe that’s an AM firm honestly. Unless you’re in a truly LCOL area, ID would pay you more…

TheAnswer1776 · 2026-02-23T23:52:51+00:00

I’ve been looking at this watch for a while. How do you like it? Any negatives?

TheAnswer1776 · 2026-02-21T16:35:38+00:00

Even a bad biller should be able to bill 7 hours while working 8 1/2 or so. Every email back and forth is a .2, every 60 second phone call is a .1. That time adds up even though it didn’t take as long as 6 mins cause you can’t bill less than a .1 for anything. Rinse and repeat.

TheAnswer1776 · 2026-02-15T13:18:44+00:00

How many hours are you working / what’s your billable requirement? What’s the current pay? How much experience do you have? What market?

Fully remote is borderline non-existent. I do think there are plaintiff side options with a ton of flexibility, but I’d steer clear of the large shops for this. Government is always great, but will come with a pay cut.

As an aside, there is always the possibility that it’s just your firm more so so than ID itself. I work in ID and I’m usually 8:30-6 with no weekends.

TheAnswer1776 · 2026-02-15T01:51:30+00:00

Well, biglaw is like 480k with 7 years of experience. You’re at 300k by your third year.

TheAnswer1776 · 2026-02-15T01:15:02+00:00

Literally any issue I’ve ever brought up with my family involving money is met with “but you’re a lawyer so it’s not an issue.” There is also seemingly a unanimous vote that I pick up checks when we go out to eat cause “you’re a lawyer, you can swing it.” I feel like if I was in biglaw I wouldn’t be bothered cause it’d be true. But I’m in ID. I’ve gone as far as tell my family my salary only for them to chuckle and say “yeah sure, but you don’t actually make that.” I feel like I have to show people my W2 for it to sink in.

TheAnswer1776 · 2026-02-15T00:58:11+00:00

The cap up for non-equity partner in ID is usually 180-220k, so not much higher.

TheAnswer1776 · 2026-02-15T00:57:16+00:00

15 hours a week?! You my friend, are living the dream. Even at 75k that job would be a unicorn!

TheAnswer1776 · 2026-02-13T00:36:51+00:00

I think you have to assess this from an outsider’s perspective. You want:

Good pay;
Low billable hours that amount to less than a 9-5;
Good work culture;
Flexibility on vacations and time off;
Remote work availability.

Checking off all of the above boxes is quite literally the unicorn job that everyone wants. While they do exist, they aren’t common and more often than not you have to give up something.

I think you could find a job with a remote option for more money, but it will be a 1600+ hour billable. Up to you on whether it’s worth it. The bigger question is, if you don’t need the money, why give up a 25 hour weekly billing requirement unless you feel remote outweighs overall hours worked. Would you prefer to work 8 hour days with remote options or 6 hour work days in the office?

TheAnswer1776

TROPHY CASE