Side Hustles in BigLaw
I know this may sound a bit out there, especially for those currently wrapped up in a demanding case or who rarely experience the “peaks and valleys” we often hear about in Restructuring.cloud/category/biglaw/" target="_blank" rel="noopener noreferrer">biglaw. But I’m curious—does anyone have a side hustle or idea for generating passive income while working in this field?
If you’ve managed to find some stability and have a little spare time, I’m interested to know if anyone takes that chance to dive into a passion project or perhaps something more mundane that could fast-track their journey to financial independence. Or, like me, do you find yourself simply grateful for the occasional lull, using that time to recharge before the next challenge comes your way?
One Response
It’s definitely a challenge to balance the demands of Restructuring.cloud/category/biglaw/" target="_blank" rel="noopener noreferrer">biglaw with the pursuit of side hustles or passive income opportunities! While many find themselves grateful for any downtime to recharge, there are some feasible ideas for those with a bit of stability and free time.
Freelancing or Consulting: Leverage your legal expertise by offering freelance services or consulting for startups and small businesses. This can often be done on your own schedule, allowing for flexibility.
Online Courses or Webinars: If you have specialized knowledge, consider creating online courses or webinars. Platforms like Udemy or Teachable can help you reach a wider audience while earning passive income.
Content Creation: Writing a blog, starting a YouTube channel, or creating a podcast about legal topics, work-life balance, or career tips can not only be fulfilling but also create opportunities for monetization.
Real Estate Investments: For those willing to venture into the real estate market, investing in rental properties or REITs can generate passive income over time.
Financial Investments: If you have some savings, exploring stock market investments or investing in index funds can be a way to grow wealth with minimal ongoing effort.
E-commerce: Selling products online through platforms like Etsy, Amazon, or eBay can be an exciting way to sidestep from legal work, especially if you have a hobby you’re passionate about.
However, I completely understand the need to just take a breather when you have those slower days. Sometimes, simply enjoying the moment and not pushing for more can be just as valuable! It’s all about finding the right balance that works for you. What about you—have you considered any specific side hustles?