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re: Millennial baws, how you hanging on?

Posted on 12/21/23 at 3:15 pm to
Posted by kingbob
Sorrento, LA
Member since Nov 2010
68409 posts
Posted on 12/21/23 at 3:15 pm to
Currently doing injury defense work. Not my favorite part of law, but it’s better than my previous work in collections and property damage. I should be able to get waived in to the TX bar later this year, which has reciprocity with Georgia, I believe. That should open up a lot of opportunities for me without having to take another bar exam.
This post was edited on 12/21/23 at 3:17 pm
Posted by thegreatboudini
Member since Oct 2008
6917 posts
Posted on 12/21/23 at 3:16 pm to
quote:

I make significantly less than $70k/year.


There are a lot of opportunities out there that will give you significantly more than this. Get on a frac crew in the Haynesville and start grinding.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38471 posts
Posted on 12/21/23 at 3:16 pm to
quote:

Currently doing injury defense work. Not my favorite part of law, but it’s better than my previous work in collections and property damage.


Beat the hell out of me
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
83416 posts
Posted on 12/21/23 at 3:17 pm to
I don't know the market but I assume there are plentiful 100k+ jobs on the insurance defense side in LA, at least at some level right?

I've only been on the periphery of that stuff but unless you're plaintiff minded it doesn't seem awful.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 12/21/23 at 3:19 pm to
quote:

I don't know the market but I assume there are plentiful 100k+ jobs on the insurance defense side in LA, at least at some level right?

Like every third person in Louisiana is a lawyer
Posted by kingbob
Sorrento, LA
Member since Nov 2010
68409 posts
Posted on 12/21/23 at 3:22 pm to
The market in Louisiana is uber saturated.

Your choice is either work for cheap, but only work 40 hours a week, or work for a mill making slightly more, but double the hours. I decided to take the cheaper route to avoid the billable hour carousel that was burning me out previously. I could probably make 10-20% more, but I would have to give up all of my side hustles and spend literally double the amount of time I currently spend at work. Double the work for marginally more pay and half the PTO seemed like a raw deal.

There are many other fields of law I find more interesting, but I’ve never been able to convince firms or agencies doing that kind of work to hire me. You can only work the jobs you’re actually hired to do.
This post was edited on 12/21/23 at 3:24 pm
Posted by MusclesofBrussels
Member since Dec 2015
4797 posts
Posted on 12/21/23 at 3:22 pm to
Which millennial is doing the best? SS?
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 12/21/23 at 3:25 pm to
Ss is a felon


And he’s disqualified for being born in the 80s. That makes him a boomer
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38471 posts
Posted on 12/21/23 at 3:27 pm to
The LA legal market is complete trash.

I tried for like a year to find a new job in something that wasn’t personal injury litigation and got like 0 interest.

I secured a job in my preferred practice area on literally day 3 of being in texas making 80% more than I was in LA.
Posted by LaLadyinTx
Cypress, TX
Member since Nov 2018
6804 posts
Posted on 12/21/23 at 3:28 pm to
quote:

Bruh 20 bucks in the 60s is like 1000 bucks now


Well, maybe, but this was the mid 80s. I still could eat as a single person for $50 per week. If you can't, you either really aren't poor or refuse to sacrifice wants to get things you need to save for in the future. Our family gross income was $34,000. We just didn't buy anything extra...ever. I had $20 per paycheck ($480) taken out for Christmas club so that we could actually have Christmas at all. Nobody was getting big gifts or video games. People can live a lot more cheaply than they generally do. Not gonna lie...it wasn't fun. But it's definitely doable for 4-5 years.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 12/21/23 at 3:29 pm to
Sorry you had to move to texas just to find a job
Posted by kingbob
Sorrento, LA
Member since Nov 2010
68409 posts
Posted on 12/21/23 at 3:29 pm to
quote:

Our family gross income was $34,000


$34k in 1984 is worth just shy of $100k in 2023

Adjusted for inflation, I’d be making roughly $20k in 1984.
This post was edited on 12/21/23 at 3:32 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38471 posts
Posted on 12/21/23 at 3:30 pm to
quote:

Sorry you had to move to texas just to find a job
i was thinking of you when I made that post
Posted by LaLadyinTx
Cypress, TX
Member since Nov 2018
6804 posts
Posted on 12/21/23 at 3:34 pm to
quote:

why do old people on here brag about having been poor lol


Because young adults act like they are the first people to ever be poor and WAH WAH WAH, it's just so hard. They act like literally no one ever scrimped and saved before and that because Gen X and Boomers are doing pretty well now, we must have been this way forever. NOPE. Y'all act like being poor means your have to down Starbucks to only once a week or not go out to eat 2-3 times a week.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38471 posts
Posted on 12/21/23 at 3:34 pm to
quote:

($480) taken out for Christmas club so that we could actually have Christmas at all. Nobody was getting big gifts or video games.


You were so poor you spent the 2023 equivalent of $1500 on Christmas gifts?


Man sounds like hard times. Couldn’t imagine going through that.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
68409 posts
Posted on 12/21/23 at 3:35 pm to
What you called poverty would be bordering on upper middle class in 2023. Get out of here with that Starbucks nonsense.
Posted by LaLadyinTx
Cypress, TX
Member since Nov 2018
6804 posts
Posted on 12/21/23 at 3:36 pm to
quote:

I was gonna say I love how she's lecturing us when she was poor in one of the easiest times in this country to prosper


Because much of the 80s wasn't what y'all think. Huge recession and oil and gas market crashed. Interest rates were much higher (try a 15% mortgage?) then. You don't know what you're talking about. People were saving for years to buy a house.
Posted by deltaland
Member since Mar 2011
96712 posts
Posted on 12/21/23 at 3:37 pm to
quote:

I make significantly less than $70k/year. There are a lot of opportunities out there that will give you significantly more than this. Get on a frac crew in the Haynesville and start grinding.


Most positions at Buc-ees pay this.
Posted by LaLadyinTx
Cypress, TX
Member since Nov 2018
6804 posts
Posted on 12/21/23 at 3:37 pm to
quote:

She must be old because 401ks have been around since the 70s


1978 to be exact. I was still in HS then. I didn't work for a company that had a 401k till the 90s. They weren't widespread when they first began.
Posted by LaLadyinTx
Cypress, TX
Member since Nov 2018
6804 posts
Posted on 12/21/23 at 3:40 pm to
quote:

$34k in 1984 is worth just shy of $100k in 2023

Adjusted for inflation, I’d be making roughly $20k in 1984.


Exactly. And 2 people earning just shy of $100k aren't rolling in the dough buying big expensive houses. That put my single income of $16k right where all the $50-60k people who are complaining are.
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