This Business and Moment...

TallPaul_S said:
So, had an interview on Wednesday for another role, 1st/2nd line rather than the 2nd/3rd line I ideally wanted, and the hours aren't the best (rotating shifts covering between 7am and 8pm, with the odd weekend), but the progression opportunities are infinitely better than where I am.

Got a call this afternoon with an offer :D

It's a couple grand less than I want, and with the role being a fairly sideways move I've gone back to see if they've willing to go another 2k, if they do it'll be a yes - if not then I'll have long think about it over the weekend.
Click to expand...

They came back and matched what I wanted, the recruiter will be sorting the contract etc on Monday :D

My place is doing my head in at the moment so I can t wait to hand my notice in, will wait for everything in writing obviously.
 
Last edited:
TallPaul_S said:
They came back and matched what I wanted, the recruiter will be sorting the contract etc on Monday :D

My place is doing my head in at the moment so I can t wait to hand my notice in, will wait for everything in writing obviously.
Click to expand...

Congratulations!

I'm still looking to get out of my place, haven't had an interview in weeks and no job offers either. Aswell as mainland Europe, IT roles here in the Midlands are looking abit depressing too :(
 
Nitefly said:
Bored in a legal role. Too much effort / stress / admin / being an invisible thankless superman (that costs too much money). Any ideas for what I could move into without taking a dramatic mega-lol paycut? I feel kind of pot committed with my skill set :/

I looked at air traffic control but the pay drop would be comparatively brutal for the first few years.
Click to expand...

(Note some of the below is no doubt stating the obvious/talking about stuff you're probably even more familiar with but is there simply to lay out my pov re: being close to the money/taking on risk.)

Surely air traffic control is going the opposite way - it seems to be the recommended thing for people on here to chance/attempt if they've not got a skillset or much direction in life but want to earn a reasonable wage. High failure rate and a period of training but a well paid job in the end. You might as well say you considered becoming a train driver. Presumably as a solicitor you're already on a reasonable wage.

In general you'll get a shot at getting more money/getting rich by taking on risk and/or getting closer to the money. Getting a skillset that fewer people have can get you a nice, relatively low risk salary though and in some cases isn't to be sniffed at. At the moment you're in an established and somewhat protected profession which has already helped boost your wages - as I'm sure you're aware there are plenty of law grads out there, way more than there are training contracts, you've got through that and got yourself qualified and experienced etc.. which commands a certain amount of pay.

By getting closer to the money I mean you being responsible for generating more revenue - I'm probably stating the obvious by highlighting that barristers are automatically included here by nature of being self employed and having freedom to take on more work etc.. ditto to partners in law firms who have responsibility to bring in new business and indeed earn from those below them who then need to do the work that the partners have generated. Of course there is heavy competition for both, lots of initial competition to even become a barrister and/or lots of hard work/competition over time to become a solicitor that makes it to partner. I guess if this was your goal then your post wouldn't be here.

If you're an employee in some other non-law firm then you're often not going to be close to the money as a lawyer. In a financial company you're likely back office, you're an expense - a useful one or they'd not have you but your main leverage is perhaps that you develop some specific skill set that would be harder to replace much like some IT or operations or finance (accounting) people.

I guess you might find some in house lawyers with corporate finance experience who might be more directly involved in deals in say investment banking or private equity firms etc.. they're certainly closer to the money and can get paid well. Perhaps there is something similar available for someone with a real estate background.

If you don't want to be a salary man and climb the corporate ladder/acquire more skills/experience in order to earn a higher salary etc.. then you might need to take on some risk. Setting up your own firm as a lawyer would perhaps be the obvious and lower risk option here but is also hard work and perhaps another obvious option you'e thought about. Finding a property investor or investors and setting up some sort of business with them might be a higher risk one. Or indeed if you had identified some area that you think could be improved with tech and that you have some expertise over then pairing up with someone with a tech background and launching a start up could be an even riskier but potentially even more lucrative option. There are various events where you can essentially speed date for start up cofounders and indeed various universities will match up say grad students with technical skillsets with potential co-founders too. High risk option but could be an interesting thing to attempt.
 
dowie said:
(Note some of the below is no doubt stating the obvious/talking about stuff you're probably even more familiar with but is there simply to lay out my pov re: being close to the money/taking on risk.)

Surely air traffic control is going the opposite way - it seems to be the recommended thing for people on here to chance/attempt if they've not got a skillset or much direction in life but want to earn a reasonable wage. High failure rate and a period of training but a well paid job in the end. You might as well say you considered becoming a train driver. Presumably as a solicitor you're already on a reasonable wage.

In general you'll get a shot at getting more money/getting rich by taking on risk and/or getting closer to the money. Getting a skillset that fewer people have can get you a nice, relatively low risk salary though and in some cases isn't to be sniffed at. At the moment you're in an established and somewhat protected profession which has already helped boost your wages - as I'm sure you're aware there are plenty of law grads out there, way more than there are training contracts, you've got through that and got yourself qualified and experienced etc.. which commands a certain amount of pay.

By getting closer to the money I mean you being responsible for generating more revenue - I'm probably stating the obvious by highlighting that barristers are automatically included here by nature of being self employed and having freedom to take on more work etc.. ditto to partners in law firms who have responsibility to bring in new business and indeed earn from those below them who then need to do the work that the partners have generated. Of course there is heavy competition for both, lots of initial competition to even become a barrister and/or lots of hard work/competition over time to become a solicitor that makes it to partner. I guess if this was your goal then your post wouldn't be here.

If you're an employee in some other non-law firm then you're often not going to be close to the money as a lawyer. In a financial company you're likely back office, you're an expense - a useful one or they'd not have you but your main leverage is perhaps that you develop some specific skill set that would be harder to replace much like some IT or operations or finance (accounting) people.

I guess you might find some in house lawyers with corporate finance experience who might be more directly involved in deals in say investment banking or private equity firms etc.. they're certainly closer to the money and can get paid well. Perhaps there is something similar available for someone with a real estate background.

If you don't want to be a salary man and climb the corporate ladder/acquire more skills/experience in order to earn a higher salary etc.. then you might need to take on some risk. Setting up your own firm as a lawyer would perhaps be the obvious and lower risk option here but is also hard work and perhaps another obvious option you'e thought about. Finding a property investor or investors and setting up some sort of business with them might be a higher risk one. Or indeed if you had identified some area that you think could be improved with tech and that you have some expertise over then pairing up with someone with a tech background and launching a start up could be an even riskier but potentially even more lucrative option. There are various events where you can essentially speed date for start up cofounders and indeed various universities will match up say grad students with technical skillsets with potential co-founders too. High risk option but could be an interesting thing to attempt.
Click to expand...
Thanks for this - only just read it. Yeah, ultimately I have to take risk (I’m currently rather secure) or suck up a massive pay cut *shrug*

Yes there is a huge overlap with corporate stuff. Currently faffing around on a CF deal.

I should probably just count my blessings.
 
Reading through ITIL Practitioners for my course this week (sods law ITIL v4 is out next month) - now I know it is in English but this is a dialect I haven't heard before.

Why use 10 words to explain something when we can use 10,000.

My head hurts
 
Nitefly said:
Thanks for this - only just read it. Yeah, ultimately I have to take risk (I’m currently rather secure) or suck up a massive pay cut *shrug*

Yes there is a huge overlap with corporate stuff. Currently faffing around on a CF deal.

I should probably just count my blessings.
Click to expand...

I guess there is what we could refer to as the lucky *******/freeloader option... something that accountants and lawyers can certainly benefit from by simply remaining competent and being in the right place. Unlike the top partners in a law or accounting firm who have had to grow the business themselves by directly bringing in revenue and/or have had a ladder to climb the CFO or GC of a large-ish firm can be there without having had to compete so much.

Say there is some company that is expanding, that expansion is mostly a result of the good product, good sales team etc..etc.. the CFO, General council etc.. haven't necessarily made a direct contribution to that growth, they personally might have just as many challenges day to day as if they were working in some company that was struggling with sales, or having to let staff go, sell off premises etc..

There are CFOs of large companies out there who are in that position not because they're super accountants better than any other accountant in the organisation and climbed their way up the ladder but rather because they were there first, the company grew and it was their company that took over some other companies etc.. The CFO/FD of the company being taken over might well be a better person for the job, but the CEO knows his current CFO and trusts him as do the board.

Perhaps a gamble that you could take that doesn't necessarily mean working silly hours is to find a small/mid sized firm in some growing/hot area and just get a job with them, hope they grow... you don't then need to be promoted etc.. but rather as they grow more people can be hired to work under you. There is obviously a luck component here but there can certainly be a strategic element to it too, some companies quite obviously have a bit more potential than others.
 
JOSH said:
Reading through ITIL Practitioners for my course this week (sods law ITIL v4 is out next month) - now I know it is in English but this is a dialect I haven't heard before.

Why use 10 words to explain something when we can use 10,000.

My head hurts
Click to expand...

I cant stand ITIL, I find it boring as hell.
 
I've been approached for a role with VMware Professional Services as a SDDC consultant for a long term client engagement. It's the same location I turned the last job offer down, but it's more money and considering VMware is where I want to specialise, I think I'd be an idiot to turn it down. Tech screen on Friday and from what I've been told I will be offered the role shortly after.
 
ChrisD. said:
I've been approached for a role with VMware Professional Services as a SDDC consultant for a long term client engagement. It's the same location I turned the last job offer down, but it's more money and considering VMware is where I want to specialise, I think I'd be an idiot to turn it down. Tech screen on Friday and from what I've been told I will be offered the role shortly after.
Click to expand...
That sounds promising, what about the location though? Sorry for my poor memory but was it you that was "struggling" with location and offers previously?
 
Maccy said:
That sounds promising, what about the location though? Sorry for my poor memory but was it you that was "struggling" with location and offers previously?
Click to expand...
It's 50 odd miles away, will take an hour on a good day and 90 minutes on a bad day. There's a local travel lodge so I could use that two nights a week as if booked in advance it works out at around £50 a night.
I'd either have to do that or get a crappy old car to do most of the mileage as I'm limited to 15k on my PCP. Then treat myself a few times a week in the BMW.
 
ChrisD. said:
It's 50 odd miles away, will take an hour on a good day and 90 minutes on a bad day. There's a local travel lodge so I could use that two nights a week as if booked in advance it works out at around £50 a night.
I'd either have to do that or get a crappy old car to do most of the mileage as I'm limited to 15k on my PCP. Then treat myself a few times a week in the BMW.
Click to expand...
Thats it, I remember now.

Only you can make the decision ultimately RE the commute, however if it's an opportunity in an area you want to specialise in (and more money) then personally I'd go for it. I spend over an hour commuting currently (walking and train, granted) so don't find it too bad to be honest.
 
ChrisD. said:
It's 50 odd miles away, will take an hour on a good day and 90 minutes on a bad day. There's a local travel lodge so I could use that two nights a week as if booked in advance it works out at around £50 a night.
I'd either have to do that or get a crappy old car to do most of the mileage as I'm limited to 15k on my PCP. Then treat myself a few times a week in the BMW.
Click to expand...
It might be cheaper to just go over on your PCP (there's no penalty if you VT) than buy a whole new car. Certainly worth doing the maths.

I had a similar situation 18 months ago where I took a role that's 110miles each way - only in 2-3 times a week but that soon adds up. I went over my PCP allowance by about 25k miles so just handed it back.
 
Ah right, I've read about that. I'm not too bothered if I go over, I'll just pay the difference or VT. I've only just got the car so that's a long way off!
 
You must log in or register to reply here.
Back
Top Bottom