Florida big law take home salary Forum

[Anonymous User]

Just wondering if anyone could provide some insight as to their take home salary as a midlevel in Fl. I understand that salaries are pretty compressed at higher levels so I would like to understand how much money I would be leaving on the table considering COL adjustments. Pretty sure I could work this out but thought real examples would be better/easiest. Thanks.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

Different anon. 30-40k more on just the bonus or all-in? If all-in, that's implies a higher bonus in Miami than I would have imagined.

[Anonymous User]

OP - It seems almost a wash except you would be able to buy property in Miami instead of renting. Seems to me the difference isn't that big.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

Different anon. 30-40k more on just the bonus or all-in? If all-in, that's implies a higher bonus in Miami than I would have imagined.

Quoted anon. All-in difference. Miami firm bonuses probably range from 10k-50k. Low, but not terribly low.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

Different anon. 30-40k more on just the bonus or all-in? If all-in, that's implies a higher bonus in Miami than I would have imagined.

Quoted anon. All-in difference. Miami firm bonuses probably range from 10k-50k. Low, but not terribly low.

Thanks for sharing. Though I've heard it's below 10k the first year or two hence the logic to get trained at a market-paying satellite.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

Different anon. 30-40k more on just the bonus or all-in? If all-in, that's implies a higher bonus in Miami than I would have imagined.

Quoted anon. All-in difference. Miami firm bonuses probably range from 10k-50k. Low, but not terribly low.

Thanks for sharing. Though I've heard it's below 10k the first year or two hence the logic to get trained at a market-paying satellite.

Differs from firm to firm. I know a couple people who were at market as second years. It’s more of a meritocracy when it comes to bonuses down here.

If you’re one of the lucky few who gets an MWE, White & Case, Weil, etc. offer in Miami, that’s definitely the better option as a junior though.

[Anonymous User]

Compared this with my friend (after recent raises). Per paycheck, he takes home $1000 more than me (his base is $280k, mine is $185k). So, for the year, he takes home around $24k more before bonus.

If he makes market bonus, he probably takes home $30-40k more than me.

So, essentially, the a majority of the difference covers the higher cost of rent (my 1 bedroom in Miami is $2100, his is $3900 in midtown). Both have similar amenities.

Different anon. 30-40k more on just the bonus or all-in? If all-in, that's implies a higher bonus in Miami than I would have imagined.

Quoted anon. All-in difference. Miami firm bonuses probably range from 10k-50k. Low, but not terribly low.

Thanks for sharing. Though I've heard it's below 10k the first year or two hence the logic to get trained at a market-paying satellite.

Differs from firm to firm. I know a couple people who were at market as second years. It’s more of a meritocracy when it comes to bonuses down here.

If you’re one of the lucky few who gets an MWE, White & Case, Weil, etc. offer in Miami, that’s definitely the better option as a junior though.

Is DLA Miami a good option?