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Wall Street Oasis » Forums » Monkeying Around
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Will Lawyers always be cooler than Bankers?
 

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MomentaLaugh's picture
MomentaLaugh
     
 
(Orangutan, 279
 
Points)
 on 1/1/13 at 1:04pm
cool lawyer.jpg

I remembr one time telling a girl I worked at a top bank, and she assumed I was a bank teller.

You say you're a lawyer and people instantly associate that with power. Kids want to be lawyers when they havent even reached HS - not sure about bankers. Think people love to hate Bankers but they love to want to be lawyers/doctors

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Tags:
  • banker
  • Monkeying Around
Cookies With Milken's picture

The public's idea of a lawyer

Cookies With Milken
      O
 
(Gorilla, 543
 
Points)
 on 12/25/12 at 5:00pm

The public's idea of a lawyer is a suave guy in a suit, running around locking up bad guys and defending civil liberties while putting evil corporate guys in jail and saving the environment.

In reality, they are spell checking a document that was written to support a deal that you worked on. They're using Lexus Nexus to look up cases that support your client's patented technology while you were instrumental in your client's acquisition of a supplier of raw materials in Cambodia that were used in such technology.

Don't sweat it.

If you're talking about girls at bars: the women who chase money know the difference between a banker and a lawyer. The ones who don't care as much about money can't tell the difference and don't really care either way.

Hope this helped.

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olafenizer's picture

If you think that telling

olafenizer
      IB
 
 
(King Kong, 1,005
 
Points)
 on 12/25/12 at 5:10pm

If you think that telling some chick that you "work at a top bank" will make blood start flowing down to her sex hole, then it will be a lot more than lawyers that are cooler than you.

See my other WSO blog posts

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Working9-5's picture

Short answer: No Long answer:

Working9-5
      ST
 
(Gorilla, 613
 
Points)
 on 12/25/12 at 5:26pm

Short answer: No

Long answer: Hell no.

Lawyers fight crime. Bankers get rich taking a cut from someone elses work.

CNBC sucks

"This financial crisis is worse than a divorce. I've lost all my money, but the wife is still here." - Client after getting blown up

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Walkio's picture

Doubt Suits has made it

Walkio
     
 
(King Kong, 1,184
 
Points)
 on 12/25/12 at 7:34pm

Doubt Suits has made it easier for Bankers.

At least you don't walk around telling people you're a Private Banker.

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mrb87's picture

I tell lawyers the changes I

mrb87
      PE
 
 
(Senior Orangutan, 481
 
Points)
 on 12/25/12 at 8:06pm

I tell lawyers the changes I want to see and then I go home. And I also earn more than the associate making the changes and I didn't spend three extra years in school.

Corporate lawyers, at least for the first few years, are nothing more than glorified copy editors. Moreover, while bankers work for clients and PE/HFs work for investors, lawyers work for *everyone*.

So no, lawyers are not cooler. Not that bankers are cool.

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TheKing's picture

Unless you're David Einhorn,

TheKing
      O
 
 
(Senior Neanderthal, 5,141
 
Points)
 on 12/26/12 at 2:30pm

Unless you're David Einhorn, you're probably not cool if you do any of this stuff. At least, based on your job alone.

Also, any girl with anything is not gonna drop her panties cause you work for a "top bank."

Check out my WSO Blog

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leveredarb's picture

law is probably as boring as

leveredarb
     
 
(King Kong, 1,232
 
Points)
 on 12/26/12 at 4:43pm

law is probably as boring as it gets lol

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ltohang's picture

lol @ the amount of people on

ltohang
     
 
(Baboon, 139
 
Points)
 on 12/26/12 at 5:43pm

lol @ the amount of people on this website that think girls care about your college/job. its the money as a result of those things that they care about. and really nice cars.

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IvyGrad's picture

ltohang: lol @ the amount of

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/26/12 at 9:49pm
ltohang:

lol @ the amount of people on this website that think girls care about your college/job. its the money as a result of those things that they care about. and really nice cars.

The type of women that you would get just by having a Porsche isn't really the long-term gf type. They're more for short-term entertainment types.

Many of really nice girls do care about the guy's career/ intellect/ personality/ work ethic, etc. It's not just about your dough.

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IvyGrad's picture

Every lawyer I've talked to

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/26/12 at 9:51pm

Every lawyer I've talked to is envious of I-bankers. Higher salary, less school debt, much better exit ops. After talking to several lawyers, I've come to the conclusion that I would never want to become a lawyer.

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holla_back's picture

IvyGrad: Every lawyer I've

holla_back
      O
 
(King Kong, 1,121
 
Points)
 on 12/26/12 at 10:02pm
IvyGrad:

Every lawyer I've talked to is envious of I-bankers. Higher salary, less school debt, much better exit ops. After talking to several lawyers, I've come to the conclusion that I would never want to become a lawyer.

Especially the guys who went Biglaw. They work the same hours as IB nerds while making far less money, and have to burn three years of their lives in law school (those loan paybacks must be painful).

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IvyGrad's picture

holla_back: IvyGrad: Every

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/26/12 at 10:14pm
holla_back:
IvyGrad:

Every lawyer I've talked to is envious of I-bankers. Higher salary, less school debt, much better exit ops. After talking to several lawyers, I've come to the conclusion that I would never want to become a lawyer.

Especially the guys who went Biglaw. They work the same hours as IB nerds while making far less money, and have to burn three years of their lives in law school (those loan paybacks must be painful).

This. I actually know a guy who quit his job at a large NYC corporate law firm this year. He went to my undergrad, then Harvard Law. Worked at a V10 law firm. (top ten largest law firm) He was a 4th year associate.

He told me that the biggest reason he quit was due to uncontrollable level of resentment he felt against his situation, where he had to work for bankers or guys in buyside, usually working same hours, for 50-60% of their pay. And, the fact that he had to stay in school far longer and had to incur 200k law school debt.

Also, he mentioned how most lawyers have really shitty exit ops compared to I-bankers or consultants. That's one really important reason many people should really plan on going into finance over law. Big law firms have up or out policy, where after 6-7 years and if you don't make partner, you're shown door. Unlike I-banking or consulting work experience, lawyer job experience isn't as valued for as many employers, so lawyers have very limited exit ops. Also, the fact that there is a serious over-supply of lawyers in the job market don't help this situation.

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ltohang's picture

IvyGrad: ltohang: lol @ the

ltohang
     
 
(Baboon, 139
 
Points)
 on 12/27/12 at 9:11am
IvyGrad:
ltohang:

lol @ the amount of people on this website that think girls care about your college/job. its the money as a result of those things that they care about. and really nice cars.

The type of women that you would get just by having a Porsche isn't really the long-term gf type. They're more for short-term entertainment types.

Many of really nice girls do care about the guy's career/ intellect/ personality/ work ethic, etc. It's not just about your dough.

Wait... so if a girl would get with you because you went to Harvard vs. UT Austin or Goldman Sachs vs. Wells Fargo is a long term gf type?

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Oreos's picture

just putting it out

Oreos
      HF
 
 
(Neanderthal, 2,454
 
Points)
 on 12/27/12 at 9:16am

just putting it out there....i would have loved to have been a lawyer for a couple of years, but only under the condition that i could then move to banking once i'd got what i wanted out of the experience

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ReadLine's picture

IvyGrad: ltohang: lol @ the

ReadLine
      O
 
(Senior Orangutan, 490
 
Points)
 on 12/27/12 at 10:24am
IvyGrad:
ltohang:

lol @ the amount of people on this website that think girls care about your college/job. its the money as a result of those things that they care about. and really nice cars.

The type of women that you would get just by having a Porsche isn't really the long-term gf type. They're more for short-term entertainment types.

Many of really nice girls do care about the guy's career/ intellect/ personality/ work ethic, etc. It's not just about your dough.

You obviously know squat shit about women. As the song goes- girls just want to have fun. Really, that's what 99.99% of people of either gender want. That requires looks, personality, and money. Things like career, school are just proxies. At the most there are some jobs that make you interesting to girls- but banker isn't one of them- especially not with all the bad will associated with it post-2009. Most hot girls simply don't find finance interesting- just a place for greedy assholes.

That said- its not that hard to find quality women in NYC given that they are way more single successful women than single successful men.

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Whgm45's picture

WSO thinks bankers have it

Whgm45
      ST
 
(Orangutan, 301
 
Points)
 on 12/27/12 at 12:01pm
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leveredarb's picture

I am not sure why WSO tries

leveredarb
     
 
(King Kong, 1,232
 
Points)
 on 12/27/12 at 12:23pm
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AllDay_028's picture

I'm pretty sure both lawyers

AllDay_028
      CF
 
 
(Senior Orangutan, 473
 
Points)
 on 12/27/12 at 4:05pm
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Hopkins55's picture

TheKing: Unless you're David

Hopkins55
     
 
(Baboon, 134
 
Points)
 on 12/27/12 at 6:52pm
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IvyGrad's picture

ReadLine: IvyGrad: ltohan

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/27/12 at 7:32pm
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AllDay_028's picture

IvyGrad: ReadLine: IvyGra

AllDay_028
      CF
 
 
(Senior Orangutan, 473
 
Points)
 on 12/28/12 at 9:14am
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dukebanker12's picture

^preach

dukebanker12
     
 
(Baboon, 104
 
Points)
 on 12/28/12 at 9:34am
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diaosi's picture

IvyGrad: ReadLine: IvyGra

diaosi
     
 
(Senior Chimp, 24
 
Points)
 on 12/28/12 at 9:41am
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mrb87's picture

I'm going to agree with

mrb87
      PE
 
 
(Senior Orangutan, 481
 
Points)
 on 12/28/12 at 9:46am
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diaosi's picture

mrb87: I'm going to agree

diaosi
     
 
(Senior Chimp, 24
 
Points)
 on 12/28/12 at 10:53am
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IvyGrad's picture

No, I am not a virgin.. thank

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 11:19am
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Oreos's picture

IvyGrad: No, I am not a

Oreos
      HF
 
 
(Neanderthal, 2,454
 
Points)
 on 12/28/12 at 11:26am
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IvyGrad's picture

Oreos: IvyGrad: No, I am

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 11:31am
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olafenizer's picture

IvyGrad: Oreos: IvyGrad:

olafenizer
      IB
 
 
(King Kong, 1,005
 
Points)
 on 12/28/12 at 11:57am

See my other WSO blog posts

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IvyGrad's picture

olafenizer: IvyGrad: Oreo

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 12:02pm
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Oreos's picture

IvyGrad: olafenizer: IvyG

Oreos
      HF
 
 
(Neanderthal, 2,454
 
Points)
 on 12/28/12 at 12:16pm
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yeahright's picture

I think this is the fifth

yeahright
      O
 
 
(King Kong, 1,100
 
Points)
 on 12/28/12 at 12:21pm

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

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IvyGrad's picture

yeahright: I think this is

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 12:50pm
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Whgm45's picture

ePeen measuring contest in

Whgm45
      ST
 
(Orangutan, 301
 
Points)
 on 12/28/12 at 1:16pm
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AllDay_028's picture

IvyGrad: olafenizer: IvyG

AllDay_028
      CF
 
 
(Senior Orangutan, 473
 
Points)
 on 12/28/12 at 1:20pm
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AllDay_028's picture

I have ten bucks that IvyGrad

AllDay_028
      CF
 
 
(Senior Orangutan, 473
 
Points)
 on 12/28/12 at 1:22pm
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IvyGrad's picture

AllDay_028: IvyGrad: olaf

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 1:26pm
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IvyGrad's picture

For the record, I hang on to

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 1:30pm
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yeahright's picture

IvyGrad: For the record, I

yeahright
      O
 
 
(King Kong, 1,100
 
Points)
 on 12/28/12 at 1:37pm

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

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olafenizer's picture

IvyGrad: AllDay_028: IvyG

olafenizer
      IB
 
 
(King Kong, 1,005
 
Points)
 on 12/28/12 at 1:39pm

See my other WSO blog posts

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IvyGrad's picture

yeahright: IvyGrad: For the

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 1:44pm
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ReadLine's picture

ivygrad: . ivygrad what you

ReadLine
      O
 
(Senior Orangutan, 490
 
Points)
 on 12/28/12 at 2:03pm
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IvyGrad's picture

ReadLine: ivygrad: . ivygr

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 2:14pm
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ReadLine's picture

IvyGrad: ReadLine: ivygra

ReadLine
      O
 
(Senior Orangutan, 490
 
Points)
 on 12/28/12 at 3:59pm
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Whgm45's picture

ReadLine, flawless victory.

Whgm45
      ST
 
(Orangutan, 301
 
Points)
 on 12/28/12 at 4:05pm
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AllDay_028's picture

olafenizer: IvyGrad: AllD

AllDay_028
      CF
 
 
(Senior Orangutan, 473
 
Points)
 on 12/28/12 at 4:05pm
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olafenizer's picture

AllDay_028: olafenizer: I

olafenizer
      IB
 
 
(King Kong, 1,005
 
Points)
 on 12/28/12 at 4:19pm

See my other WSO blog posts

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IvyGrad's picture

ReadLine: IvyGrad: ReadLi

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 4:28pm
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Oreos's picture

IvyGrad: I have a high

Oreos
      HF
 
 
(Neanderthal, 2,454
 
Points)
 on 12/28/12 at 4:30pm
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IvyGrad's picture

Oreos: IvyGrad: I have a

IvyGrad
     
 
(Senior Baboon, 179
 
Points)
 on 12/28/12 at 4:37pm
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You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

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    Likelihood of Equity Cures
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    Is Pimco Advisory considered middle office?
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    Refinancing debt in the debt schedule
  • I'll be 21 years old when I start my full time position at a BB in September, in a city I've only ever been to once where I know nobody. As I'm finishing my degree I'm getting really cold feet about this, I still feel very young. I see guys in suits on the train and can't...
    Too young?
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This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
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Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
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<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
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