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Bar Exam Tutor: An Awesome Side Hustle For Attorneys

For the past couple of years I’ve been mentioning my “bi-annual tutoring side Hustle.” I couldn’t say much more because it would have given away my occupation. As everyone now knows that I’m a lawyer, I can tell you more about one of my favorite (and most lucrative) side hustles.

Oh the dreaded Bar Exam – an exhausting several month rite of passage on your way to becoming an attorney. It takes place twice a year, in February and July. Many states are adopting a universal test, but there are still differences depending on where you are trying to be admitted. Generally speaking, the test takes two to three days and involves multiple choice and Essay questions.

I started working as a Bar Exam Tutor three years ago. My work involves grading and providing feedback on practice essay questions. The pay rate changed recently, so the current arrangement is that I receive a certain amount for each essay. I have a feeling that this way of paying us is to encourage tutors to provide helpful feedback, so the students keep completing their practice essays.

The pay ends up being pretty good for the amount of time involved.  For better or worse, I only do this side hustle for about four months out of the year.  It’s probably a good thing, because it would be a lot to keep up with all year long.  However, I do wish it wasn’t during June and July.  There are many warm summer evenings when I would much rather be enjoying some fun outside, instead of grading another essay about contracts or corporate law.

This side hustle is ideal for attorneys for several reasons.  First, you have to be admitted in the state where your students are taking the test, so you’re not competing with the general public for a position.  Second, it is a remote, flexible position.  I usually grade essays after the kids go to bed.  Another reason this is a great option for lawyers working for a firm?

You don’t have to worry about conflict of interest issues.  

People often seem to think I can just “pick up a case” here or there for extra money.  They don’t understand that (believe it or not) attorneys have to comply with so many ethical rules.  Conflict of interest can be very tricky because we have to worry about every case being handled by our firm.  Without going into too much detail, I could be in trouble for representing someone in a business matter if some other lawyer at my firm is representing this person’s spouse in a divorce action – even if I have nothing to do with that other matter.  Tutoring, or teaching, provides an opportunity to make money with our degrees and training, but without providing legal counsel (and having to worry about ethical violations).

Finally, I actually like being a tutor.  You are assigned a group of students, so you get to see their progression as they prep for the bar exam.  I try to be as encouraging as possible, because I remember, all too well, just how stressful it is to study for that test.  This side hustle ends up being rewarding, and not just with respect to the financial gain.

One of the things I’ve considered for semi-retirement is going beyond tutoring, and becoming an adjunct professor.  But there is no need to decide just yet.  In pursuing this path to a point of financial security where we don’t need to work a full-time jobs until old age, we will reach a point where there are so many options.  Instead of regrets over not trying things during our life, we will be able to ask, what should we do next?  That’s the freedom we’re working towards.

For now though, we keep hustling away our debt.  Being a bar exam tutor has been a huge help when it comes to our finances.  For a little bit of time at night, four months out of the year, I can bring home approximately $3,000 to $4,000.

Anyone else know of an occupation-specific side hustle? 

The post Bar Exam Tutor: An Awesome Side Hustle For Attorneys appeared first on Creating My Kaleidoscope.



This post first appeared on 4 Winning Ways To Stick To A Budget & Build Up Your Nest Egg, please read the originial post: here

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