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Big Law Firm 401K Matching Contributions
Posted: Thu Dec 25, 2014 5:07 pm
by Jonnystudent
Would greatly appreciate any information you may have as to the "typical" 401K match (in absolute dollars) that a first year associate (making $160,000 a year) could expect to receive, assuming a maximum contribution.
Any insights greatly appreciated.
Thanks in advance.
Re: Big Law Firm 401K Matching Contributions
Posted: Thu Dec 25, 2014 5:18 pm
by BenJ
$0. The vast majority of biglaw firms do not match.
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Posted: Thu Dec 25, 2014 5:29 pm
by gamerish
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Re: Big Law Firm 401K Matching Contributions
Posted: Thu Dec 25, 2014 6:17 pm
by Rigo
Re: Big Law Firm 401K Matching Contributions
Posted: Fri Dec 26, 2014 6:38 pm
by jbagelboy
Jonnystudent wrote:Would greatly appreciate any information you may have as to the "typical" 401K match (in absolute dollars) that a first year associate (making $160,000 a year) could expect to receive, assuming a maximum contribution.
Any insights greatly appreciated.
Thanks in advance.
There are firms with 3% match. So that's $4,800 for a first year, $5,100 for a second year, $5,500-5,700 for a third year, ect. Generally you should expect $0 matching contribution.
Re: Big Law Firm 401K Matching Contributions
Posted: Fri Dec 26, 2014 8:35 pm
by A. Nony Mouse
Unless they're not yet in law school, in which case this is the right place to ask.
Re: Big Law Firm 401K Matching Contributions
Posted: Fri Dec 26, 2014 11:58 pm
by fats provolone
A. Nony Mouse wrote:
Unless they're not yet in law school, in which case this is the right place to ask.
i believe the right place to ask would be not at all in that case