rayiner wrote:guano wrote:Edit: apart from the fact that top ibanks and consulting firms only interview at a very limited number of schools to begin with, there isn't much point. They only hire from the top, but how many top students would take entry level Ibanking/consulting, when those same candidates can choose between a number of law firms that are paying nearly double?
Your average double-HLS/V5 corporate lawyer would give his left nut to get an ibanking gig.
At half the salary? Fresh law school grads starting as an associate in Ibanking would earn closer to $100k, and because of the number of fresh MBAs and HYP UGs starting as analysts and working their way up, the only people who are competitive can take their pick of law firms, all of which guarantee a lot more money over the first 3 years
Sure, the higher ups make bank, but that's like trying to make partner - it ain't happening for most people.