Posner wrote:I want career options so I have the best shot at choosing a job that will challenge me intellectually and allow me to provide for my family and nonprofit causes. Plus, my area of interest pretty much necessitates big law.
What can't I afford with a non-biglaw salary? Well, private school (should children need it) and the best college my children can get into (growing more and more expensive). After that? Provide for aging parents who worked hard to put me through school but are of modest means. Provide for nonprofit pet projects. I'll enjoy a moderately comfortable lifestyle as well, [strike]but my personal tastes aren't expensive[/strike].
Money provides options.
My thoughts exactly only add in paying off my own LS debt in addition to my children's education.
Edit because I wouldn't categorize my personal tastes as "not expensive"