Who would have ever thought. In Manhattan, where everything is about wealth and status (D.C. is the city of power), Gen-X law firm associates are chucking their $200,000 a-year jobs. They have had it with catching a few Zzzzzzs on their office floors and finding themselves w/o clean underwear in their file cabinets for an urgent client meeting.
Today, Saira Rao chronicles this shocking trend in THE NEW YORK POST. According to the National Association of Law Placement, 37 percent of law-firm associates flee their large employers during the first three years. And, Rao reports, they are often chucking it all w/o another job in view.
Clearly this is radical behavior for young attorneys who have invested plenty of money and time to get into law school, get through law school, snag prestigious summer internships, snag a full-time prestigious law firm in Manhattan, and, of course, pass the New York bar. And not all of it may be due to the increased options offered by a stronger economy. In her article, Rao has spoken to those doing the fleeing. They note, off the record, that it ain't the security of a robust national GDP. It's simply the inability to endure one more year of such a lousy quality of life.
Those who haven't already fled are holding on until their January bonuses.