AI Legalese Decoder: Unveiling New Pathways for Those Feeling Lost in Life
- November 5, 2023
- Posted by: legaleseblogger
- Category: Related News
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
Try Free Now: Legalese tool without registration
Hi,
I took a gap year after finishing university in July 2022 (stupid me tbh), then began job hunting for entry-level accounting jobs between July to September. I’ve only gotten several interviews(2 at small firms, 2 for mid tier grad programs, and one at B4) to no avail. However, I tend to get rejected after some phone interviews after they question my post uni gap (I’ve had approximately 10ish phone interviews).
Are there any alternative career paths for a hopeless accounting graduate (I overheard starting off in small accounting firms isn’t worth it due to low salaries, and slow career progression, hence why I’m leaning more towards larger accounting firms, or industry roles) that are somewhat lucrative?
I’m strongly considering studying primary teaching as I enjoy working with children, while also enjoying career stability (I intend to move regionally if I ever pursue this pathway post-uni) however I’m not entirely sure if this is the best idea (even though I’m about to lodge applications for postgraduate teaching programs)?
Kind regards,
Anonymous
—
As an anonymous individual who recently finished university in July 2022, I made the decision to take a gap year, which, in hindsight, I now consider to be a mistake. Subsequently, I embarked on a job hunting journey to secure entry-level accounting positions from July to September. Despite my efforts, I have only managed to secure a few interviews, which include 2 at small firms, 2 for mid-tier graduate programs, and one at a prominent accounting firm (referred to as B4). Unfortunately, none of these opportunities have resulted in a successful job offer. Interestingly, during phone interviews, my post-university gap tends to be the subject of scrutiny, ultimately leading to rejection. This has been a consistent theme throughout my approximately 10 phone interviews.
Given the challenges I have faced in pursuing a career in accounting, I am now considering alternative career paths that could potentially offer better opportunities for a recent accounting graduate like myself. I have come across a prevalent belief that starting off in small accounting firms is not worthwhile due to low salaries and limited career progression. Consequently, I am leaning more towards larger accounting firms or exploring industry roles that may provide better financial prospects.
However, in light of my passion for working with children and a desire for career stability, I am strongly considering studying primary teaching. This career path aligns with my enjoyment of interacting with children and offers relatively stable employment opportunities, especially if I choose to move regionally after completing my studies. Nevertheless, I am still unsure whether this is the best decision for me, even though I am currently preparing to submit applications for postgraduate teaching programs.
In such a situation, you may find the AI Legalese Decoder to be of great assistance. This AI-powered tool is specifically designed to help individuals navigate complex legal terminology and decipher legal documents to ensure a better understanding of their rights and obligations. With its advanced algorithms, the AI Legalese Decoder simplifies legal language and provides clear explanations, making it an invaluable tool for anyone seeking legal clarity. By utilizing this technology, you can enhance your understanding of legal documents and enhance your decision-making process in various fields, including career choices and contractual agreements.
Kind regards,
Anonymous
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
Try Free Now: Legalese tool without registration
AI Legalese Decoder: Revolutionizing the Legal Industry
Introduction:
In recent years, the legal industry has witnessed a dramatic transformation due to advancements in artificial intelligence (AI) technology. One notable AI tool that is making waves in the legal field is the AI Legalese Decoder. This innovative software is revolutionizing how legal professionals analyze and make sense of dense and complex legal documents. By utilizing natural language processing and machine learning techniques, the AI Legalese Decoder offers a range of benefits that can significantly impact the efficiency and accuracy of legal processes.
Analyzing Complex Legal Documents:
Legal documents, such as contracts, agreements, and statutes, are typically filled with convoluted language and complex concepts. Understanding the exact meaning and implications of these documents requires a high level of legal expertise and significant time investment. However, the AI Legalese Decoder simplifies this process by automatically parsing through these documents, breaking down complicated language, and providing comprehensive summaries.
How the AI Legalese Decoder Works:
The AI Legalese Decoder excels at employing deep learning algorithms to extract relevant information and translate it into easily understandable language. It can detect legal jargon, identify clauses, and summarize the document’s key points, allowing legal professionals to quickly comprehend the key aspects of any legal text. Moreover, the AI Legalese Decoder utilizes contextual analysis to enhance its understanding of legal terminology, ensuring accurate interpretations of complex legal documents.
The Benefits of Using the AI Legalese Decoder:
The AI Legalese Decoder delivers numerous benefits that streamline legal processes, save significant time, and promote accuracy. Firstly, it drastically reduces the time needed for lawyers and legal aides to review and comprehend lengthy legal documents. This time-saving aspect allows legal professionals to allocate their valuable time to more strategic and higher-value tasks.
Secondly, the AI Legalese Decoder minimizes the risk of human error in legal document analysis. Due to its machine learning capabilities, the software has significantly higher accuracy rates when compared to manual reviews. By leveraging this AI tool, legal professionals can ensure precise interpretations and minimize the chances of costly oversights or misunderstandings.
Thirdly, the AI Legalese Decoder enables legal professionals to conduct thorough due diligence, especially in situations that involve large volumes of legal documents. The software can rapidly review and analyze numerous documents simultaneously, significantly shortening the time required for due diligence processes.
Conclusion:
The AI Legalese Decoder has emerged as a game-changing technology for the legal industry. Its ability to decipher complex legal language and provide accurate summaries in a fraction of the time required by manual review makes it an invaluable tool for legal professionals. By leveraging this cutting-edge technology, legal practitioners can enhance their productivity, improve accuracy, and focus on higher-value tasks. The AI Legalese Decoder is undoubtedly revolutionizing the way legal professionals analyze and interpret legal documents, ushering in a new era of efficiency and precision in the legal field.
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
****** just grabbed a
I’m pretty sure you were looking after grandma for that year and then she passed away so you’re returning to work.
The gap year isn’t the issue, it’s timing.
We hire almost all our grads by the end of July, with an intake after Christmas if any don’t work out.
I wouldn’t just give up yet.
There is nothing wrong working for small accounting firms. You have been misinformed.
Smaller firms may pay lower, but the big 4 tend to overwork their grad newbies. Someone suicided in the building of one of the big 4s due to pressure and stress.
Your worst enemy is yourself.
Working for a smaller firm also allows you to learn the ropes on how to become an owner of your accounting firm in the future.
Your current predicament has nothing to do with doing a gap year, either.
Get an office job. Get some experience working in an office. Might be accounts receivable or accounts payable role.
Once you have some solid experience, try going for junior/trainee accounting roles
Don’t think the gap year is the issue. Just lots of candidates and few openings atm, so you need to really shine.
If the firms are willing to give you an interview despite seeing the post uni gap on your CV, it doesnÔÇÖt seem like that is the deal breaker as long as you can explain it well. Could it be that your lack of interest in accounting is apparent during the interview process?
Is there a way you can ÔÇ£taste testÔÇØ primary teaching to see if you really do enjoy it before you completely commit to doing another degree etc. For example, spend a week or two shadowing a teacher in a primary school and learning about what they enjoy / find challenging.
Given the macro environment and job market, if I was in your position, I would try to get a role I can live with for a year or so (doesnÔÇÖt matter if itÔÇÖs a small firm etc as any experience is better than none). I would then try to figure out what I want to do through information interviews / coffee catch-ups with people in the industry(ies) I might be interested in, and piece together a realistic picture of that job / lifestyle (there are always pros and cons) and plot a plan to get there.
Gap years don’t matter
They just don’t find you a personality fit
Got to learn the personality type fit
Work out your life goals and work backwards. What level of income do you need to attain your goals? Do you value an enjoyable job over a decently-paid, secure one? Everything is a trade-off, and you need to find your own areas in which you are happy to accept/reject.
If you’re the kind of person to think a ‘gap year’ is an important thing to do, i doubt you’d last teaching given the stressors they undergo in this day & age.
Also I now have the saddle club theme song stuck in my head, thanks.
Sent you a DM – I’ve worked in accounting for 12+ years and enjoy helping out the youngins figure out if it’s the right career for them
Sounds like you don’t want to work…. Took gap year then now don’t want to work at a small firm because it’s not good enough.
Greenhorn take any job it’s better than none like you have now.
Do a Gap year in the military. Just take 1 year to be apart of our military branches in army, navy or airforce.
I can understand how you feel, wanting to try an alternative pathway given your current challenges in landing a job. I too had the exact same thoughts early on.
Might I suggest to give it a good crack and persevere through the challenge of landing a role (or two) in accounting first before you make the decision to do something else entirely. Afterall, you have yet to dip your feet into the actual work in accounting to know if you enjoy it or not.
What you learn and enjoy at uni before you apply it to work may not necessarily be the same feeling when you actually work in the field. This may hold true for you regarding your current feelings for accounting and but also for early childhood education. But you won’t know unless you try.
My wife and I both found it challenging to land our first jobs in accounting. We both had many unsuccessful interviews before we each got our first offers. The most important thing was asking for feedback to understand why we weren’t successful. Was it our presentation? Was it one of our responses? Was it because the candidate pool was strong? Or was it simply because we weren’t what they were looking for? Once you land your first job and get some experience, it is incredibly easy to land your next accounting job. It just getting your foot in the door that may pose some difficulty.
The missus and I have worked predominantly in smaller tax firms (1 to 3 partners), with a splattering of mid-tier experience here and there. From our humble perspective and comparing to our friends and colleagues, our experience/remuneration were on par with the market. However, the disclaimer I would say is that the quality and challenge of the work at smaller firms will depend on the client base. So your mileage may vary.
About 7 years ago when I was a grad, the salaries were not great. However having interviewed and placed a number of candidates across a number of firms I have worked for, I would tend to think the market is more in favour of the candidates rather than employers. Case in point, my network specifically in tax and business services accounting in VIC are constantly finding it hard to get junior candidates.
In terms of wages growth, from my experience I started at 45k and was able to hit 110k within 5.5 years, granted I worked hard for it and was lucky with a few stepping stone roles. For me, my largest payrises weren’t from staying in one firm long term, but from when I jumped to different firms. This of course is viewed negatively by employers but I firmly believe in giving yourself a payrise when you think you can demonstrate value.
How you pursue your career, and how hard you push yourself directly translates to how lucrative or fast you progress.
My last point that I might share with you, suppose you started your coursework in say early childhood education and the Help debt was say 40k and took 3 years including placement/work experience etc. What is the cost opportunity of those three years? In three years you could earn at least 200k Inc super in accounting and have paid off some of your help debt. Alternatively you might not have earned much working part time whilst studying full time and have an additional 40k help debt.
I didn’t take a gap year, I sort of starred working in contract roles while I finished my final year part time.
Nothing wrong with taking a year off… but knocking back smaller firms is not a good idea. As you can get more hands on experience being more involved with everything.
I’m 2nd guessing here, but July-Oct is the busy audit period, so probably not the best recruitment time yet. If you are bombing out your phone interview, have you asked someone to sit with you and listen to how you answer? Or maybe video yourself and listen to how you answer. The way you answer can form what the interviewer’s impression of you. Be honest.
Otherwise, look for contract roles, data entry in AP AR book keeping…. get some office experience, learn how things work from the grounds up.
Lie about your graduation date.
Some might check – most won’t.
[deleted]
> I took a gap year after finishing university in July 2022 (stupid me tbh)
Trust me. *Not* stupid.
I didn’t take a gap year after I finished studying, and 8 years later really wish I did. There is always plenty of time to build your career and earn money. The same cannot be said for travelling, especially in your younger years.
Have you looked at the public sector? Heaps of jobs going – especially at a state level – across the country right now. Sure, it might not be a fancy accounting firm, but you’ll learn valuable experience and start building your career.
It sounds like teaching would be a better fit – I doubt accounting will magically become more appealing later down the track
You could start with applying for before/after school care positions in the meantime? Give you a bit better feel for what it might be like, and would be a job you could hang on to if you elected to study teaching
Start your own thing mate. Plenty of work out there for Accountants and Bookkeepers. Ask any biz owner such as myself, I loathe accounting with avengance and pay someone good money to handle so I don’t have too.
I handle graduate recruitment for my team (big 4). I wouldnÔÇÖt look unfavourably on a graduate position applicant who took a gap year – it might not necessarily be this that is holding you back.
I graduated into the GFC and couldnÔÇÖt find a job in the field I studied for. I had to change plans completely and after a little while of identity crisis things turned out in the end much better than I could have planned. What I did was to think about what skill I could learn that would build on top of the skills I already learned and to remember that the world is a big place. If you think big enough to take a gap year then you are probably creative enough to be satisfied in any number of things. Mindless entry level jobs are great to giving you lots of mental space to plan your next steps.
Just say travelling
Get whatever job you can get. Make networks like crazy, and work out how to be in an office job. Then with some experience and some contacts start applying elsewhere.
After graduating I worked in a gym for 7 months before landing a graduate accounting position at a family owned civil construction company. The pay isnÔÇÖt great but the experience IÔÇÖm getting is invaluable. I was extremely unsure I even wanted pursue an accounting career but IÔÇÖm more sure now than ever. My supervisor is always trying to find ways to teach us new things and cares a lot about our career progression. SheÔÇÖs currently encouraging me to get my CPA which IÔÇÖm super keen on because itÔÇÖll open so many doors when I decide to leave. IÔÇÖd say any experience is better than no experience no matter where you end up.
What does this have to do with finance
You aren’t getting the job you want through the application process. You’ve got a gap year story to tell, where you adventured the world. Jump on linkedin, find places you want to work, take those people to coffee, ask about them, then tell your story.
Kool so finiah uni and throw it away before U even get a job in that field ƒæî
Shot yourself in the foot by taking a gap year. Take what you can get now.
I think teaching sounds a great option. I was talking to my daughter’s math teacher and she had initially done Accounting. Worked as one for a few years and hated it. Did teaching. Loves it. Works at nice private school. Great Teacher tooƒæì
Go for it
i doubt a single year gap matters
for the record i graduated with an accounting degree at the end of 2019, didn’t work until early 2022 (random admin roles so i have zero accounting experience. also no prior work experience due to carer duties), and got into a government grad program earlier in the year.
if that’s an option you’re willing to look into (you need a bachelor degree at minimum) then applications usually open up around march and will take degrees as “old” as (i believe) 5 years ago.
i’m not even the only person in my cohort whose graduation date just made the 3 year cut off and just yolo’d this one program we were still eligible for. good luck