"Calculate what you're paid per hour. Not the big monthly retainer number."
The firm's founder made it his unique best practice to be in communications with not only employees but vendors whenever. And he expected a rapid response. You bet, when the three-month term of the contract was over so was my relationship with that firm.
In an article in the Boston Globe, Isvari Mohan throws the same kind of shade on new law school graduates who start out in BigLaw with a $180K annual salary. With all the long long hours, that works out to about $50 an hour.
Essentially that is what a content provider like myself receives from a mid-sized company. Yet, the content provider, unlike the new lawyer, does not have to attend school for three years, pass the bar, and pay off six-figure debt.
Of course, money isn't everything.
But it counts for more and more in this era when the basics such as shelter and food require massive chunks of the monthly take-home.
Officially, the economy is in low inflation. But in reality it is sucking up more than half our income to just keep a roof over our heads, nothing fancy and not even something we own. It is a landlord's market.
As for food, healthy living, which has become life and death for anyone over-30, eats, pun intended, another big piece of income. After the medical doctor put me on low-carb/low fat to prevent Type 2 diabetes, there was no more getting through the end of the month with Mickey D.
Given money is increasingly important, entities ranking law schools (and other professional programs) should require numbers about what the graduates earn per hour. The annual figure represents funny money.
Place your sponsored content and links on this syndicated site. High Google Rankings. Brandname inbound links. Contact firstname.lastname@example.org for complimentary consultation.