Summer Associate Class of 2016 Forum

[Anonymous User]

We should just collectively ignore any and every unnecessarily anon post. Let us make a covenant and enshrine it in the OP.

Agreed

+1

+2

[lavarman84]

Going to pick up my keys to the apartment I'm subleasing on Monday. Kind of excited for my SA...but also want to enjoy every second of the time off I have.(except for this fucking law review work that just keeps coming)

[IsThisForReal]

Fun. I'm excited for mine too. My supervisor is awesome.

[cannibal ox]

I'm going to assume that every anon is the same "has a suit for every day of the month during 1L" anon bro, and respond accordingly (see: with hostility)

[lavarman84]

Fun. I'm excited for mine too. My supervisor is awesome.

I'm really not sure what to expect. The firm I'll be at has a good reputation and the people I met were all really likable. But that was when they were recruiting me. But I'm looking forward to finding out (well, somewhat finding out). Gotta figure out if it's where I want to be or not.

[lavarman84]

I'm going to assume that every anon is the same "has a suit for every day of the month during 1L" anon bro, and respond accordingly (see: with hostility)

How did you get through 1L year without borrowing his suits, you bum? My tuxedo t-shirt served me well.

[Leonardo DiCaprio]

how much is everyone expecting to pay out in taxes for the SA money?

[alphamalek]

I think taxes will come out out at your ordinary income tax rate and because in working during school imagine 25% will be taken.

Anyone look back on the firms website now and find some of the people you met for callback interviews are no longer at the firm?

[jphiggo]

I think taxes will come out out at your ordinary income tax rate and because in working during school imagine 25% will be taken.

Anyone look back on the firms website now and find some of the people you met for callback interviews are no longer at the firm?

Your effective tax rate as a single student will be lower than that, factoring in the standard deduction, one exemption, and educational credit, of course with the disclaimer that this is assuming your SA money is the only income you earn and report.

[Anonymous User]

http://www.top-law-schools.com/forums/v ... 3&t=255181

SA taxes & exemptions. I'm sure there is a better thread tho

[Traynor Brah]

Anyone look back on the firms website now and find some of the people you met for callback interviews are no longer at the firm?

the person who sold me the hardest post-offer and said he'd be my mentor up and left

v sad

[BmoreOrLess]

I think taxes will come out out at your ordinary income tax rate and because in working during school imagine 25% will be taken.

Anyone look back on the firms website now and find some of the people you met for callback interviews are no longer at the firm?

Your effective tax rate as a single student will be lower than that, factoring in the standard deduction, one exemption, and educational credit, of course with the disclaimer that this is assuming your SA money is the only income you earn and report.

Yea, i'm going to try to get my exemptions right so I get zero refund.

[SplitMyPants]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

[Anonymous User]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

Be careful, though, I put 21 allowances, which seemed reasonable, for 9 weeks in a secondary last summer and would have owed just a bit if not for some education credit.

[Londonbear]

Have the firms sent you guys/gals anything regarding the first day?

[de minimis]

Have the firms sent you guys/gals anything regarding the first day?

Haven't heard from my firm in months. Anyone else experiencing radio silence?

[BmoreOrLess]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

Be careful, though, I put 21 allowances, which seemed reasonable, for 9 weeks in a secondary last summer and would have owed just a bit if not for some education credit.

Not tax advice, yada yada yada, but why wouldn't you take into account education credits when trying to calculate your allowances? That's exactly what I did last year and it worked out perfectly.

[lavarman84]

Anyone look back on the firms website now and find some of the people you met for callback interviews are no longer at the firm?

the person who sold me the hardest post-offer and said he'd be my mentor up and left

v sad

I mainly spoke with partners at the firm I ended up with so all of them are still there. But I do wonder how different people will be since they won't be recruiting me.

[WestWingWatcher]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

Be careful, though, I put 21 allowances, which seemed reasonable, for 9 weeks in a secondary last summer and would have owed just a bit if not for some education credit.

https://www.irs.gov/Individuals/IRS-Wit ... Calculator

I used this, and got 29 allowances (12 weeks, no other income for the year, nothing else special), which seems crazy but what do I know. I might round down a bit to play it safe.

[yost]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

Be careful, though, I put 21 allowances, which seemed reasonable, for 9 weeks in a secondary last summer and would have owed just a bit if not for some education credit.

https://www.irs.gov/Individuals/IRS-Wit ... Calculator

I used this, and got 29 allowances (12 weeks, no other income for the year, nothing else special), which seems crazy but what do I know. I might round down a bit to play it safe.

I took 26 allowances last summer and it worked out perfectly. Single, no other income. This year, with the lifetime learning credit, it says 31. Trust the calculator. 29 is probably right.

[Anonymous User]

paid 8k in taxes, 23 allowances, no interest payments owed $23, refunded nearly 2000 bc of a credit

[Serett]

I'm going to assume that every anon is the same "has a suit for every day of the month during 1L" anon bro, and respond accordingly (see: with hostility)

Well, one of the anons +ing me was actually me, so be nice to that one.

[Anonymous User]

I'll put this link in the OP.

http://www.top-law-schools.com/forums/v ... 3&t=227990

There's a calculator on the IRS that I can't seem to find that will estimate your allowances that you should put on your W4.

Be careful, though, I put 21 allowances, which seemed reasonable, for 9 weeks in a secondary last summer and would have owed just a bit if not for some education credit.

Not tax advice, yada yada yada, but why wouldn't you take into account education credits when trying to calculate your allowances? That's exactly what I did last year and it worked out perfectly.

i had no clue i was still eligible until turbo tax told me to look at my old returns. i dunno...

[stannis]

Have we discussed bags for men? Am I going to be carrying any documents, a laptop, or etc.?

I bought a black leather briefcase/shoulder bag.

Better to use with the strap as a shoulder bag or without as a briefcase?

[AttyCutestory]

Have the firms sent you guys/gals anything regarding the first day?

Haven't heard from my firm in months. Anyone else experiencing radio silence?

Hadn't heard anything in months either, but got an email this afternoon about day 1 administrative stuff and a few events planned for the first week (May 16 start date).