2 ms·
BigLaw base salary, starting out of law school, in the US is around $180k. Covid and the Great Resignation have added upward pressure on attorney compensation,
by jeffreymmonson 4y ago
BigLaw base salary, starting out of law school, in the US is around $180k. Covid and the Great Resignation have added upward pressure on attorney compensation, so even jr lawyers who switch firms can be looking at $100k signing bonuses and/or big increases in pay. Equity partners make lots of money.
The flip is: if you don't get in to a big firm (or a nice clerkship), you've spent three years going in to debt for a degree that isn't really worth anything. There are some legitimately bad people who go in to law and there aren't as many exit options as some other career paths (founder, PM, consultant).
Tldr; if it's what you really want to do and you can get in to a top firm (check this by looking at law school employment stats), it's lucrative. Otherwise it's not.