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Original post by liarpoker
Wow, that is insane, I knew the hours could be rough but that seems like something else.

I remember you saying that you're at a US shop, from your experiences are your friends at the MC being equally as beasted?


I think in the department I'm in, for a deal this big, yes. But neither a US or MC firm will have these kind of deals on more than a couple of times a year, this is unusual. They probably get about 85% of the beasting level (scientific unit that), maybe a bit less at Slaughters. I certainly don't think the difference justifies the pay gap at associate level.
Original post by oli19919
Would you guys recommend a career in law


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Of course. There are loads of options with a Law degree and so many jobs in the legal market that tbh you're spoilt for choice. On top of that, the hours aren't that bad and the work/life balance is really good.
Original post by Le Nombre
I think in the department I'm in, for a deal this big, yes. But neither a US or MC firm will have these kind of deals on more than a couple of times a year, this is unusual. They probably get about 85% of the beasting level (scientific unit that), maybe a bit less at Slaughters. I certainly don't think the difference justifies the pay gap at associate level.


Is earning say £45k in London more or less equal to earning £25-30k up north due to the higher costs of living in London, so they're kind of balanced


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Original post by paniking_and_not_revising
Of course. There are loads of options with a Law degree and so many jobs in the legal market that tbh you're spoilt for choice. On top of that, the hours aren't that bad and the work/life balance is really good.


Isn't it one of the most competitive careers and do most not actually 'make it' as a lawyer (though there are other careers one can do with a law degree)


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Original post by oli19919
Isn't it one of the most competitive careers and do most not actually 'make it' as a lawyer (though there are other careers one can do with a law degree)


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It is.
Original post by oli19919
Is earning say £45k in London more or less equal to earning £25-30k up north due to the higher costs of living in London, so they're kind of balanced


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You can't really compare the two in my opinion, each has their benefits and there are too many variables in 'London' and 'up North' in terms of cost and lifestyle to answer with any accuracy.

Either you want to be in London, with all that entails, or you don't.
Original post by Le Nombre
You can't really compare the two in my opinion, each has their benefits and there are too many variables in 'London' and 'up North' in terms of cost and lifestyle to answer with any accuracy.

Either you want to be in London, with all that entails, or you don't.


What are the pros and cons of living in London and not, especially related to legal profession/lifestyle? Sorry if I'm disturbing you while you're working!


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Original post by oli19919
What are the pros and cons of living in London and not, especially related to legal profession/lifestyle? Sorry if I'm disturbing you while you're working!


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I really haven't got the time, just Google it. Or post on RoF if you feel like giving me some entertainment over the next few hours.
Original post by Le Nombre
It's 8 o'clock on Saturday night. I am in the office. I was last out of the office on Thursday evening

Damn.

That sounds horrific. You shower; eat and sleep in the office (albeit only during 'special' circumstances)?
Original post by Le Nombre
It's 8 o'clock on Saturday night. I am in the office. I was last out of the office on Thursday evening, to go to Pret. I will be here until at least early on Monday morning, probably later given the way things are currently looking.

I cannot comment on other types of the law, and there are plenty times I love my job, but right now you can guess my answer.


Wow, what part of the law are you working in?from my limited knowledge I know that it's true that some departments are more demanding that others, correct me if I'm wrong please.
Did contract law final today. Nobody in my college wants to discuss the paper so I'll come here. There was a part of a problem question:

"C has advertised a set of rare stamps in a specialist stamp-collecting magazine, saying that they will be auctioned on *date* but he might take exceptional private offers beforehand. C sells one especially valuable stamp to E before the auction. At the auction, the listing does not include that stamp, but F bids £30,000 for the lot and wins, having read the magazine advertisement and being under the belief that the stamp sold to E was included in the lot.

Advise F".

This seemed a little bit simple to me, so can someone confirm that the approach to this (as one part of a longer problem, so not something we spend more than 10-15 minutes on) is Smith v Hughes principle -> mention Scriven v Hindley -> distinguish Scriven?
Original post by TheDefiniteArticle
Did contract law final today. Nobody in my college wants to discuss the paper so I'll come here. There was a part of a problem question:

"C has advertised a set of rare stamps in a specialist stamp-collecting magazine, saying that they will be auctioned on *date* but he might take exceptional private offers beforehand. C sells one especially valuable stamp to E before the auction. At the auction, the listing does not include that stamp, but F bids £30,000 for the lot and wins, having read the magazine advertisement and being under the belief that the stamp sold to E was included in the lot.

Advise F".

This seemed a little bit simple to me, so can someone confirm that the approach to this (as one part of a longer problem, so not something we spend more than 10-15 minutes on) is Smith v Hughes principle -> mention Scriven v Hindley -> distinguish Scriven?


I guess so, maybe you could also conjure up some argument that the statement in the magazine is a continuing representation?
Handed in my coursework today. My Law degree's over. So I feel like a fraud continuing to post on here haha

And now I feel worried. I'm at a 2:1 but I'm terrified I'll do bad and end up with a 2:2.
Original post by paniking_and_not_revising
Handed in my coursework today. My Law degree's over. So I feel like a fraud continuing to post on here haha

And now I feel worried. I'm at a 2:1 but I'm terrified I'll do bad and end up with a 2:2.


Just enjoy a break!


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Original post by Law-Hopeful
Damn.

That sounds horrific. You shower; eat and sleep in the office (albeit only during 'special' circumstances)?


Yeah, there's beds and stuff, secretaries go out and get you a new shirt etc. They make it as comfortable as possible to do that. You're mainly napping though, obviously if you had the time to sleep properly you'd go home.

Original post by TheonlyMrsHolmes
Wow, what part of the law are you working in?from my limited knowledge I know that it's true that some departments are more demanding that others, correct me if I'm wrong please.


Capital markets. And yes, that is the case, there's also a limited number of firms which do that.
Original post by Le Nombre
Yeah, there's beds and stuff, secretaries go out and get you a new shirt etc. They make it as comfortable as possible to do that. You're mainly napping though, obviously if you had the time to sleep properly you'd go home.
That's not employment. That's slavery. :s-smilie:
I don't think I'd mind it too much a couple of times a year, but only if you love your job.
Original post by Law-Hopeful
That's not employment. That's slavery. :s-smilie:


You sign up for it, and there's a buzz to doing a deal. I had this morning off to recover and left at half 5 on the button today.

I'm paid twice the national average wage at 24 and I knew what I was getting into, I don't think I'm really deserving of sympathy, nor would I want it.
Original post by Le Nombre
You sign up for it, and there's a buzz to doing a deal. I had this morning off to recover and left at half 5 on the button today.

I'm paid twice the national average wage at 24 and I knew what I was getting into, I don't think I'm really deserving of sympathy, nor would I want it.

Whatever helps you sleep at night (when you do sleep, that is) I guess.
Original post by Le Nombre
You sign up for it, and there's a buzz to doing a deal. I had this morning off to recover and left at half 5 on the button today.

I'm paid twice the national average wage at 24 and I knew what I was getting into, I don't think I'm really deserving of sympathy, nor would I want it.


May I ask what firm you are at and what uni you went to please


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