Which one would you choose?
Posted: Sun Mar 11, 2018 9:16 pm
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.
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.