What are the chances at Biglaw when you graduate from a T14? Forum

[Veni_Vidi_Vici]

Also, I know biglaw has a step scale pay but is 160k the minimum?

[mr.hands]

Also, I know biglaw has a step scale pay but is 160k the minimum?

Depends on the school. GULC is 35%ish, most are around 50-60%.

160 is the starting pay in major markets (DC, NY, LA, etc.). In secondary markets it ranges a lot. Because of cost of living differences, secondary markets often "pay more" (or at the very least as much) as major markets.

[transferror]

I bet the google knows the ansser

[papercut]

http://www.top-law-schools.com/forums/v ... 1&t=226198

Looks like it has started coming out. Update the thread with Biglaw (101+ attorneys) plus FedClerk hiring numbers.

Columbia: 73.2 + 4.8 = 78%
Stanford: 48.5 + 29.4 = 77.8%
Chicago: 62.3 + 10.2 = 72.6%
Harvard: 54.5 + 17.0 = 71.5%
Penn: 59.8 + 9.3 = 69.1%
Cornell: 57.5 + 10.9 = 68.4%
NYU: 58.3 + 8.8 = 67.0%
Yale: 30.5 + 35 = 65.5%
Northwestern: 55.6 + 7.7 = 63.4%
UVA: 50 + 12.9 = 62.9%
Duke: 51.4 + 8.7 = 60.2%
Michigan: 49.4 + 7.8 = 57.1%
Berkeley: 47.8 + 8.0 = 55.8%
GULC: 41.4 + 5.1 = 46.5%
Vanderbilt: 35.9 + 9.2 = 45.1%
Texas: 33.3 + 9.0 = 42.3%
UCLA: 32.5 + 6.9 = 39.5%
Fordham: 34.1 + 2.5 = 36.6%
Boston College: 29.6 + 4.3 = 34%
Notre Dame: 28.3 + 5.4 = 33.7%
USC (LinkRemoved): 29.8 + 3.8 = 33.6%
WUSTL: 29 + 3.3 = 32.3%
Illinois: 24.7 + 3.4 = 28.1%
BU: 24.1 +2.5 = 26.6%
William and Mary: 21.7 + 3.7 = 25.3%
Alabama: 12.0 + 10.2 = 22.3%
Ohio State: 16.9 + 4.4 = 21.3%
Washington and Lee: 16.1 + 3.5 = 19.6%
Minnesota: 13.5 + 3.6 = 17.1%
Wake Forest: 13.2 + 3.1 = 16.3%
Hastings: 13.4 + 1.6 = 15%

Others available by searching thread or checking school websites. All info will be on LST in the next few weeks.

[DELG]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

[Veni_Vidi_Vici]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

So why do I keep hearing 160k thrown around?

[brotherdarkness]

.

[jbagelboy]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

So why do I keep hearing 160k thrown around?

Probably because that's the starting salary at many of the biggest and most well-known firms in the major markets.

i.e., Cravath Scale.

[Veni_Vidi_Vici]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

So why do I keep hearing 160k thrown around?

Probably because that's the starting salary at many of the biggest and most well-known firms in the major markets.

i.e., Cravath Scale.

So even if you get biglaw, you don't always make 160k?

[brotherdarkness]

.

[Veni_Vidi_Vici]

Correct. Biglaw, defined broadly, encompasses many firms in many markets and not all of those firms follow the Cravath scale.

But a lot of firms do pay 160k+ starting off right?

[bk1]

Correct. Biglaw, defined broadly, encompasses many firms in many markets and not all of those firms follow the Cravath scale.

But a lot of firms do pay 160k+ starting off right?

Just look at the NALP salary distribution and the salary statistics for grades from various top schools and tell me for yourself.

[Veni_Vidi_Vici]

Correct. Biglaw, defined broadly, encompasses many firms in many markets and not all of those firms follow the Cravath scale.

But a lot of firms do pay 160k+ starting off right?

Just look at the NALP salary distribution and the salary statistics for grades from various top schools and tell me for yourself.

Can anyone provide me with a link?

Also maybe a percentage of biglaw employees that make 160k+ their first year.

[DELG]

Why are you so worried about it? After taxes/considerations for other bennies my husband and I had the same take home, him making 160k in NYC and me making less than that somewhere else. Also, you're probably going to be able to save/pay your loans faster making 120 in Philadelphia than someone making 160 in NYC/SF/DC.

[Veni_Vidi_Vici]

Please give me a link or a thread.

[brotherdarkness]

.

[Veni_Vidi_Vici]

Please give me a link or a thread.

Are you incapable of using Google?

I just want some information that people on here all agree on.

[kobe1020]

Please give me a link or a thread.

Are you incapable of using Google?

I just want some information that people on here all agree on.

you spent all more than enough time here asking around than to get your answer via google

[DELG]

Please give me a link or a thread.

Look in the NALP directory.

[igo2northwestern]

Here you go: http://lmgtfy.com/?q=nalp+biglaw+salaries

[ymmv]

Here you go: http://lmgtfy.com/?q=nalp+biglaw+salaries

Dude it's 2014. Use bit.ly or something if you want to troll successfully.

[rayiner]

Northwestern posts a pretty detailed salary breakdown: http://www.law.northwestern.edu/career/statistics.

141 people got firms of 500+, 6 firms of 250-500, and 11 firms of 100-250. All of these probably qualify as "big law" defined broadly. If you look at the salary distribution further down on the page, 137 got 160k. That means about 21 people who worked at a large-ish firm didn't make 160k. 40 people actually ended up making between 120-140k. Some of these are JD-MBA's, some are people at big firms in markets like Atlanta or Philly, and some of these are people at smaller firms that still pay pretty well.

[FSK]

.

[ymmv]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

"Market" in Pittsburgh is 145, and I've found a solid handful of firms pay that, with a few right below between 130-135. FYI.

Damn. $145k in Pittsburgh is living like a king.

[papercut]

Something like $96k is the minimum for fairly "big" firms with hiring and operational models that would seem familiar to people in biglaw. As mentioned above, this is probably getting paid to people in, like, Pittsburgh.

That said, 160 is not the floor anywhere, not even NYC. Other people might argue that a firm paying 145 or 120 in NYC isn't biglaw, but there are firms paying those salaries in NY with 100+ attorneys.

"Market" in Pittsburgh is 145, and I've found a solid handful of firms pay that, with a few right below between 130-135. FYI.

Damn. $145k in Pittsburgh is living like a king.

The ppl making 160 on the NYC scale in Dallas/Houston really have it made. Unless they really hate living in Tx.