interesting info. Starting salaries seem comparable but business school is 1 year less tuition and 1 year more of working. that's like a 200k startup difference. Biglaw partnership is definitely lucrative but that is not the median outcome.Anonymous User wrote: ↑Mon Dec 04, 2023 5:56 pmSome data for median starting salary and bonuses: https://poetsandquants.com/2023/01/25/m ... d-bonuses/Anonymous User wrote: ↑Mon Dec 04, 2023 12:51 pm
Staying in biglaw is also uncertain though, the attrition is good evidence of that. Top business schools are probably more the chasing comp move than law school, not to say that law school is far off
At top schools median starting salaries in the range of $145k to $160k, with a signing bonus of about $30k.
The department of education has *mean* starting salaries for law schools (which probably are reasonably close to the median since there's no long right tail -- if anything the median might be above the mean here): https://www.spiveyconsulting.com/blog-p ... graduates/
Closer to $160-180k.
Hard data on long-term outcomes is obviously a lot harder (and you start to need to factor in compensating differentials). Certainly if you're comparing biglaw and consulting, biglaw comes out ahead. I know partners in both, and the money for a v10 biglaw partner is an integer multiple of an MBB partner.
Business school these days is not for winners.
Again not saying law gets totally washed by business but business is a measurable amount more efficient