Pros and Cons of Being a Lawyer - Honest Opinions from Two Corporate Lawyers

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 64

  • @mahkeducation1583
    @mahkeducation1583 2 роки тому +99

    Thank you for revealing the genuine side of the industry. It helps a lot in debunking the so-called occupational prestige.

  • @cee6408
    @cee6408 Рік тому +13

    I am active in lawyering, and this clip reveals both pros and cons of being in the legal industry accurately. Epic!

  • @boomboom1258
    @boomboom1258 2 роки тому +36

    I personally recommend any law grads to try being a paralegal after graduating from law school as usually paralegals are tasked with somewhat similar job scopes as a lawyer (assisting in research, drafting submissions, preparing bundles for court, online case management etc), although you don't have the right of audience and practice license just yet. I was a paralegal while taking my local bar exam 3 years ago, and I quickly realised that, as much as the prestige and "respect" I get from belonging to the legal fraternity is truly ego boosting, like what Em said, the lifestyle within the industry isn't for me and it will severely affect my anxiety. Honestly, I do miss working in legal practice, and watching videos from this channel brought me back to the good old days in law, but I have to respect my inner voice and not continue qualifying as a lawyer. I'd probably be "more financially secure" and not feel so out of whack, lost in direction etc if I continue my legal profession path, but I promise you it's better to not betray yourself for the sake of prestige and being comfortable while you're miserable on the inside. I hope this helps someone. :)

    • @smartfreelancer-dp2qd
      @smartfreelancer-dp2qd Рік тому

      Reading your comment I felt like this is me talking..to care about intuition and anxiety level above prestige.... wow....may I ask what is your job right now? And are you happy with it?

  • @christielee9899
    @christielee9899 3 роки тому +87

    I’m on the other end of the spectrum - training in criminal and family law - and I can say, these views are equally applicable haha. Great video!

    • @EmandLloyd
      @EmandLloyd  2 роки тому +8

      For sure! Different practices and specializations in law all definitely have their own upsides and downsides. Thank you for watching and commenting, Christie!! :) and hope work is off to a good start in 2022 ✨

    • @smartfreelancer-dp2qd
      @smartfreelancer-dp2qd Рік тому

      ​@@EmandLloydcan u make a video about upsides and downsides of being a patent/ ip lawyer? Or can you introduce me someone whom I can ask this? Pls❤ and thx for the content it is really enlighting

  • @nickpolar5782
    @nickpolar5782 2 роки тому +30

    Really helpful video from a student deciding whether they should, or shouldn't, pursue law school :)

  • @alm5851
    @alm5851 2 роки тому +12

    Thanks for sharing! You guys are informative and to the point.

  • @ajonjk_99396
    @ajonjk_99396 2 роки тому +4

    Great insight into the realm of corporate law! Just finished corporate law final...and don't want to remember those stuff again...😂

  • @wondersoulz
    @wondersoulz 2 роки тому +5

    great tibits of knowledge here!

    • @EmandLloyd
      @EmandLloyd  2 роки тому +1

      Thank you for watching! 🥰

  • @karenchan9517
    @karenchan9517 2 роки тому +2

    Thank you for sharing!!!

  • @syedshabazs1036
    @syedshabazs1036 2 роки тому +5

    Ive actually seen a client get slapped in an open court...lol

  • @warrenviegas2300
    @warrenviegas2300 2 роки тому +6

    I've considered going to law school and I'm currently working in public accounting. Law is a second entry program here in North America but by this video it sounds very very similar To an accounting firm

    • @EmandLloyd
      @EmandLloyd  2 роки тому

      Based on what we understand from friends working in other industries like accounting and consulting, a lot of professional client services jobs can be quite similar - the main difference being the types of transactions which one advises on

    • @warrenviegas2300
      @warrenviegas2300 2 роки тому

      @@EmandLloyd Yes I have seen that too. Either my time in accounting will prepare me well for the Culture of a law firm or completely put me off going through the training grind again. I go back-and-forth

    • @dakshitgirdhar760
      @dakshitgirdhar760 Рік тому

      Hi I am a accounting student in Canada and I am in a dilemma to pursue CPA or Juris Doctor ( Bachelors of Law) post graduation.
      My main reason for inclination towards law is the salary of lawyers which is relatively higher than CPA's. I genuinely like accounting. Can you please tell is it better to pursue CPA designation than going through the law school and investing huge amount of time and money.
      I have seen a lot of lawyer telling that the work is very grueling and there is no work life balance throughout the year and that's why they quit their jobs.

  • @arad922
    @arad922 2 роки тому +10

    What happens if you don’t take that “important call”? Alternatively, are you able to set a specific schedule with your firm/client about when they can and can’t call or is that asking for too much?

    • @EmandLloyd
      @EmandLloyd  2 роки тому +2

      Usually when a client matter becomes very urgent, it's a "drop everything and facilitate" kind of approach to scheduling. There's a bit more flexibility re: scheduling when things aren't as urgent, but the lack of ability to plan one's schedule when things do start moving was definitely a scenario we both found ourselves in many times (as with many other people in professional client services)

  • @aciuschristophores7789
    @aciuschristophores7789 2 роки тому +9

    Would criminal and family law, and general civil (land) law allow for a more meaningful existence dealing with common peoples' problems? I feel Corporate Law deals with only the 'problems' of the top 1% CEOs of society. Making their contracts, helping them save on tax etc led to a very empty experience. I'm thinking of switching to the former.

    • @JCB576
      @JCB576 2 роки тому +3

      Well I can try to give you an answer: It depends on how you look at it. With criminal/family law you have a much greater impact on the outcome (but also carry more risks) and work on a micro scale. Meanwhile with corporate law etc. you tend to work on a macro scale. Meaning you often work in teams and yoi have less of an "impact" (and thus also less, but still high responsibility). The difference is that you indirectly impact more people. Meaning that if you do your job well, you can for example create hundreds of new jobs.

  • @kwok3222
    @kwok3222 2 роки тому +16

    Thank you for the fabulous vid!!! Is it generally easier for a transaction solicitor to look for jobs in other jurisdictions than its litigation counterpart?

    • @EmandLloyd
      @EmandLloyd  2 роки тому +9

      Generally speaking, yes - I (Lloyd) did a rotation through my firm's banking team, and my colleagues there were from all around the world. Transactions are a bit less jurisdiction-specific than something like litigation, so there's definitely more international mobility.
      That said, I know people who have gone to different jurisdictions to work in litigation, but in my experience they tend to get qualified in that jurisdiction and/or move to jurisdictions with very similar legal systems to maximize potential overlap.

    • @kwok3222
      @kwok3222 2 роки тому +1

      @@EmandLloyd Thank you very much!

  • @thu9312
    @thu9312 Рік тому

    Hi, I just want to ask, is the environment of Law in general toxic? Like between friends, colleagues, employers and employees....? I am studying Economics Law, and I have to say that the class I'm in is filled with toxic people. It makes me so scared and suffocated.

  • @whimsy099
    @whimsy099 2 роки тому +1

    This is probably a stupid question, but in regards to the part where you have to take on urgent jobs one after another, isn't it possible to simply reject it?

    • @mdmd6388
      @mdmd6388 2 роки тому +1

      No because he is working for a law firm, which means the firm is his employer. He is an employee so he cannot just reject a client unless he wants to be fired.

  • @lavishbrat
    @lavishbrat Місяць тому

    How can you tell if being a lawyer is for you?

  • @Antoinetteelean
    @Antoinetteelean 2 роки тому +3

    Do real estate lawyers work billable hours or a normal work week hour schedule?

    • @whattheword5846
      @whattheword5846 Рік тому

      I'm new to all of this as well. I would imagine you can find both, billable would be more self employed. normal work week would be from a giant real estate company. this is all a theory if mine though.

  • @stevefortney6669
    @stevefortney6669 2 роки тому

    Hi Em and Lloyd,
    I look Great in black but will stick to robbing liquor stores for now. (Better hours.) Em, I'm always looking for a driver... LOL
    Great video guys, most of the people I knew in San Diego were lawyers. Be ready to put in the hours for sure.
    Godspeed.

  • @lokeshnarasimhan1546
    @lokeshnarasimhan1546 Місяць тому

    Does lawyers get paid well in Hong Kong ?

  • @AirborneSapper82
    @AirborneSapper82 2 роки тому

    Good Video. Thanks.

  • @chinyeoh9535
    @chinyeoh9535 2 роки тому +8

    DISTANT SECOND.

    • @EmandLloyd
      @EmandLloyd  2 роки тому +2

      We appreciate second just as much as first! 🙏

  • @jonathanwieler8863
    @jonathanwieler8863 2 роки тому +2

    2:45… uggg what a terrible example of a chess match… I know it is stock footage… but what a 🤦‍♂️🤦‍♂️🤦‍♂️

  • @leonfong4456
    @leonfong4456 2 роки тому +1

    I don't seriously like to sue anyone lol 😂

  • @leonfong4456
    @leonfong4456 2 роки тому +1

    My question now is: what is EM now doing?

    • @EmandLloyd
      @EmandLloyd  2 роки тому +4

      I (Em) have moved into content creation!

    • @leonfong4456
      @leonfong4456 2 роки тому +3

      @@EmandLloyd great I guess u should also consider selling beef brisket

    • @FreedomBreeze24
      @FreedomBreeze24 2 роки тому

      @@leonfong4456 wtf

  • @tropicalbeach9225
    @tropicalbeach9225 2 роки тому +2

    hey thanks for your input. Yeah, I've heard that law was a pretty cut-throat, immoral, and racist profession. I remember back in the days of highschool; I was always warned that if you were Black, Mexican, Asian, Mixed race ( meaning any race that is not White) go into the medical field rather than the law field because law was overwhelming majority White and heavily racist. I'm not saying whether this information is fact or fiction; just what I was informed back in school and am half Asian by the way.

    • @LolDude179
      @LolDude179 11 місяців тому

      I also heard this, but I am far into the medical field and it is somewhat similar.

    • @pep590
      @pep590 8 місяців тому

      I remember back in the days of high school; I was always warned that if you were White, Mexican, Asian, Mixed race ( meaning any race that is not Black) go into the medical field rather than the law field because law was overwhelming majority Black and heavily racist. Law School classes are overwhelming loaded with anti-white racist teachings and students.

    • @pep590
      @pep590 8 місяців тому

      @@LolDude179 I remember back in the days of high school; I was always warned that if you were White, Mexican, Asian, Mixed race ( meaning any race that is not Black) go into the medical field rather than the law field because law was overwhelming majority Black and heavily racist. Law School classes are overwhelming loaded with anti-white racist teachings and students.

  • @takakohiruma5214
    @takakohiruma5214 2 роки тому +3

    Close THIRD

    • @EmandLloyd
      @EmandLloyd  2 роки тому +2

      Third beats second in our books (don't tell Chin) 😂

  • @shariecebrewster5962
    @shariecebrewster5962 2 роки тому

    I am there's

  • @toyoptoo4999
    @toyoptoo4999 2 роки тому +1

    Whats a lawyer?

  • @leonfong4456
    @leonfong4456 2 роки тому

    What's the salary range???

    • @EmandLloyd
      @EmandLloyd  2 роки тому +2

      The range is actually huge - it depends on a lot of factors such as your practice area, the firm you're at, your seniority, etc.

  • @WillinovaTV
    @WillinovaTV 2 роки тому

    Em is hot! 😍

  • @joliepantryroom9197
    @joliepantryroom9197 2 роки тому

    呵呵呵

  • @terryandrews3186
    @terryandrews3186 2 роки тому +1

    Your English is good. I thought you were Americans!

    • @EmandLloyd
      @EmandLloyd  2 роки тому +4

      I (Em) grew up in the US, and Lloyd grew up partially in Canada!

    • @terryandrews3186
      @terryandrews3186 2 роки тому

      @@EmandLloyd I was thinking wow these two Hong Kongers have really good English ! Lol ! 😌

    • @stephaniesham12
      @stephaniesham12 2 роки тому +1

      Why have you decided to pursue the career in hk ? Will that choice be different if one graduates in these couple of years?

  • @tomsun4951
    @tomsun4951 3 роки тому +3

    FIRST

    • @EmandLloyd
      @EmandLloyd  2 роки тому +2

      9/5/1! soundly in the lead

  • @Gen3ralGrimReaper
    @Gen3ralGrimReaper Рік тому +1

    Stop with the pros and cons of a career. All jobs will have its ups and downs