Perhaps "majority" wasn't the right word. Other than Levels (see below), I don't have evidence to back that up. However, you're not comparing apples to apples.

Perhaps "majority" wasn't the right word. Other than Levels (see below), I don't have evidence to back that up. However, you're not comparing apples to apples. The pools of students who are targeted for FAANG or top law firm recruitment go to the same universities. People who would be able to get through law school and get an offer from a top firm can get a solid FAANG offer. I believe that those students get > $200k total comp offers from FAANG right out of college. Vesting cliffs have been replaced with immediate monthly vesting at many companies, including at least two FAANGs, making that part of your package as similar to cash as stock compensation can get. I agree that Levels has a data problem: sometimes people report numbers from W-2s (counting stock appreciation), sometimes they report offer letter numbers. Moreover, the numbers there suffer from selection bias; people with high numbers are more likely to report them. But let me offer some anecdotal evidence: everyone on my team and sister teams received > 200k offers right out of college; we are generalist SWEs at a FAANG. Same for all my friends at similar companies.