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The distribution of salaries in law is bimodal. Lawyers at the school mentioned have never commanded big law levels of compensation. The information is readily
by reefoctopus 10y ago
The distribution of salaries in law is bimodal. Lawyers at the school mentioned have never commanded big law levels of compensation. The information is readily available, and it is why I chose not to attend a top 20 law school in 2007.
http://www.nalp.org/salarydistrib http://www.nalp.org/salarydistrib
- etrautmann 10y agoWhere are the huge numbers of $160,000 salaries coming from? It's like a delta function right at that one level. Is that a standard starting package for major firms?
- reefoctopus 10y agoYes, it's the standard package for "BigLaw." There used to be a database on Greedy Associates that showed the salary progression for each firm, but I can't seem to find it. They tend to move in lockstep with each other. Graduates of the top 14 schools per US News and World Report rankings feed into these jobs. Some at lower ranked tier 1 schools end up in big law, but they are typically at the top of the class. I would bet that not a single student of the law school mentioned in the article ended up in with a $160k starting salary. This was the best salary survey I could find: http://www.lawcrossing.com/article/900045279/1st-Year-Salaries-and-Bonuses-of-the-Top-Law-Firms/ http://www.lawcrossing.com/article/900045279/1st-Year-Salari...