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NY TO 190
Posted: Thu Aug 21, 2014 12:25 pm
by thesealocust
Some banks are raising junior salaries by 20%:
http://nypost.com/2014/08/20/goldman-sa ... r-bankers/
A 20% raise in first year law firm associate salaries would take us to 190K
QED NY TO 190
Re: NY TO 190
Posted: Thu Aug 21, 2014 12:26 pm
by thesealocust
[realtalk: I'm guessing this is because living on 85K/year actually could be a stretch for somebody at an investment bank. A bonus doesn't help pay 2K+ monthly rent that a lot of people will be facing, etc. I'd be surprised if law firms increased base salary before increasing bonuses, and I wouldn't be surprised if neither increased any time soon. And at the same time, I doubt it would be a jump to 190; 170 seems a lot more plausible]
Re: NY TO 190
Posted: Thu Aug 21, 2014 12:32 pm
by FSK
Not everybody can have....
Golden Slacks.
Get it?
Re: NY TO 190
Posted: Thu Aug 21, 2014 12:37 pm
by sideroxylon
thesealocust wrote:[realtalk: I'm guessing this is because living on 85K/year actually could be a stretch for somebody at an investment bank. A bonus doesn't help pay 2K+ monthly rent that a lot of people will be facing, etc. I'd be surprised if law firms increased base salary before increasing bonuses, and I wouldn't be surprised if neither increased any time soon. And at the same time, I doubt it would be a jump to 190; 170 seems a lot more plausible]
NY to 190!!
Re: NY TO 190
Posted: Thu Aug 21, 2014 12:39 pm
by thesealocust
NY TO 190!!1!!
Re: NY TO 190
Posted: Thu Aug 21, 2014 12:42 pm
by Mal Reynolds
NY TO 190!!!!!
Re: NY TO 190
Posted: Thu Aug 21, 2014 3:28 pm
by mvp99
NY to 190!!!... 20k more is nothing to firms