HOW TO SPEND YOUR LAWYER SALARY | financial do’s for Lawyers & Future Lawyers

Welcome back guys! Today's video we are talking about finances. Such an IMPORTANT topic. For personal finance advice PERSONALIZED FOR LAWYERS, check out BIGLAW INVESTOR using this link: biglawinvestor.com/theaspiring... Don't forget to sign up for Biglaw Investor's monthly newsletter for monthly financial tips and advice.
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Angela Renee
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💡FAQS:
👩🏾‍💼Where did you go to law school? South Texas College of Law
👩🏾‍💼What was your undergrad major? Communication Studies
👩🏾‍💼What kind of law do you practice? Mergers & Acquisitions and General Corporate Law
👩🏾‍💼How long have you been practicing law? I am in my 5th year.
👩🏾‍💼What bar exams did you take? Texas and Missouri
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[@TheAspiringBoss]

I’m soo happy to be back with a new video!! Happy Sunday and miss you all! Let me know what y’all think about today’s video below! Also check out biglaw investor. Been following that blog since i started my law career ☺️

[@TheAspiringBoss]

Note the $200K salary is for big law attorneys in markets like NY AND TEXAS. If you guys want a video diving into salary’s for a larger range of attorneys. Like this comment 😊

[@thelegalgirlpod]

Yes please!!🙌🏼💕

[@cryptocanada3038]

Hey everyone, remember to let the ads play out so Angela gets paid! 💪🏿✊🏿🖤. . Thank you for creating content

[@TheAspiringBoss]

Thank you, I appreciate that 🖤🖤🖤

[@shantazianash.3089]

Right on time!! I was just on your channel looking for a new upload 😂 btw, good news!! I got extended an offer to return full time to my summer firm when I graduate 🙆🏾‍♀️ officially joining the journey. Can’t wait to watch this - (liking and commenting ahead of time for the algorithm 👌🏾) thanks for the posttt!

[@TheAspiringBoss]

OMG YAYYYYYY! Congrats!! That is AMAZING. I can tell you there is no better feeling than securing a job before you graduate. It makes 3L year so easy!! I’m sooo happy to hear this ❤️💅🏾 yessss ma’am!!

[@shantazianash.3089]

@@TheAspiringBoss Thanks, Angela!! Also, I completely agree with all of these tips, and I LOVE that you mentioned Big Law Investor. I felt like I hit the jackpot when I first found that blog! Good looking out for the girls sis!

[@ms.chaliahdejean850]

Congratulations.You will do great.

[@williamschroed]

Thank you, this is really great content !

[@onlyontuesdays123]

Can you make a video with tips on how to switch from the public sector /nonprofit to private/ big law? Any tips on how to make my resume and cover letter applicable to private / big law jobs without the direct experience of that type of work?

[@TheGrayChronicles]

Wow, this was a very educational video! Thank you for this advice, it's going to be insanely helpful in the future!

[@TheAspiringBoss]

You’re very welcome ☺️

[@tawanaburnett5956]

Welcome back! I have been missing your videos❤️

[@TheAspiringBoss]

Glad to be back!! 💕

[@Michael-iw3ek]

Here's what to do: (1) take your $200k salary, (2) find the second-best student in your class, the one that didn't make the cut to biglaw, (3) pay that student $125k to do everything; (4) use all the free time you have to enjoy life!

[@santoniaivey4011]

just discovered you today and I am thankful!! I'm a junior scheduled to take the LSAT in April 2022

[@samuriaaa]

How’d you think you did ?

[@ElevateResumeDesign]

Can you make a video on which attorney paths make the most please

[@R_Lexis]

This is a very enlightening video, I am a law student and I appreciate the information that you are bringing forth to us, the importance of creating a budget is one of the areas I am trying to master now, most of my budget now is not entertainment but more so my student loans and more on student life and life in general.

[@TheAspiringBoss]

Thanks so much!! And you’re right about the 1 video. I will do better I PROMISE 😉. If you are really focused on paying your student loans off (which i think is great) you should def check out big law investor. I use it to help me on my own journey!

[@eccentriclocs]

Hey girl heyyyy👋🏾 Missed you 😊

[@TheAspiringBoss]

Heyyyyyyy! I missed you too!! Have a great week 💕💕

[@eccentriclocs]

@@TheAspiringBoss You have a great one as well💕

[@TXCTellsAll]

Thanks for highlighting this. How you spend is important. Dont get caught up in the make more, spend more OR the I'm a lawyer so I should have this expensive things. I'm a fan of nice things but also invest to more than offset the money going out for spending.

[@TheAspiringBoss]

Yesss totally agree! Thanks for watching 💕

[@AD-qm7fs]

I’m going into undergrad and law school after I’m scared but ur videos make me excited about becoming a lawyer

[@TheAspiringBoss]

Yay glad you’re excited! And it can be scary but just do your research on law school and the career ! Good luck!

[@diadreamsinaction6182]

Great video. I am on active duty, with 32 years military service. I am retiring in 2 years as a military chaplain and clinician. Upon retiring from the military, I am applying to law school. How do I talk with you about law school or contact you? Thank you for your videos.

[@AudreyVxoxo]

Just when I was getting anxious about my 1L orientation tomorrow this video popped up 😂

[@TheAspiringBoss]

Lol, congrats on starting law school sis! Tomorrow will be great. Lots of info and hopefully you meet some cool people! Good luck!!

[@SantiagoPerez-vp2oo]

Hi, I want to be a lawyer in immigration and family law. Is it possible to do both at the same time? And what should I do after getting JD? Thank you so much for your videos and information you provided its very helpful… god bless u

[@camillaleonard1035]

I would like to thank you for all your advice on law school process and taking the LSAT. I struggled with the LSAT but overcame all the stress that comes with taking the exam. I have been accepted into ONU Law and I start May 2022. Keep sharing tips and advice. 👏🏽

[@TheAspiringBoss]

You are very welcome and CONGRATS on getting into law school!!! 💕💕

[@samuelbrown8934]

200k starting salary I might have to rethink career paths

[@TheAspiringBoss]

🤣🤣🤣 IKR

[@DebraJohnson]

Most of us don't make that salary! Research the average for non Big Law attorneys.

[@TheAspiringBoss]

@@DebraJohnson thanks! I note that in the video and in the comments that this is particularly for lawyers in big law in big markets.

[@prowler63]

Why don't you just pay off the student loans since the salary is so high?

[@TheAspiringBoss]

I mention that in the video. Refinancing gives you a lower interest rate so you can pay student debt down faster.

[@prowler63]

@@TheAspiringBoss That makes sense if you don' hae the money now. If you do and can pay it off in lie 1 - 3 years, it may be better just to pay it off then re-financeing (unless your original interest rate is crazy high). Re-financing also cost money (see the fine print. You may actually end up paying more if you are not careful). Also, the interest means you are also paying more then the loan long term in any case. Unless you are great at investing and the return on your investments is greater then the loan interest + refinance cost, you are losing money long term. If you have the money, its usually better to just pay it off.

[@cazu2479]

@@prowler63exactly if I have the money I would pay off the student loans