A little background:Currently a 3rd year at a V-100 in a secondary market. Not on Cravath scale and bonuses are nowhere near either. Cravath scale associate will probably make ~50-70k more than me this year before taxes.
Cost of living is lower where I live: no state income tax and my apartment with all the amenities is $1500/month.
I recently received an offer from a Cravath scale firm that I believe pays those big bonuses. It’s in a more expensive market (think DC/Boston/LA). I like where I’m living but that difference in salary is really weighing on me.
I think at this point, with taxes and cost of living factored in, it’s about even. But, going forward, it’ll make more financial sense to take the other job.
I guess I’m just wondering what others would do in this situation.
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Where are you from / do you have a life in your current city. I’m working in a secondary market where my law school was located and my family, friends and SO are all here. I wouldn’t want to leave even for more money. Also do you like the firm you work at, how are the people, the hours, etc. I think all of that stuff should play a role in your thinking.
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