Kronk wrote:Doorkeeper wrote:Kronk wrote:Doorkeeper wrote:No one goes into law teaching for the salary.
Nope. They go in for the salary and the incredibly relaxed QOL that isn't available in practice.
I mean I worked with fed gov lawyers pulling in $120-150,000 and they were working straight 9-5pm. It's not unheard of outside of biglawl. It's the independence that matters.
Federal government jobs are about as awesome and cushy as jobs in academia, yep. Those jobs are pretty rare unless you work for the SEC though.
The difference is that a lot of people go straight into academia and never leave. You generally have to earn your $120-150k salary in the fed government over 10 years or so, and it never goes far above that. Like I said a few posts above, there are probably a dozen professors at Boalt that make over $280-300k, with a few in the $350-400k range. You'll never make that kind of cash with the government. The highest paid federal government worker that has probably worked in an agency for 15 years makes as much as a well-paid practicing lawyer or the bottom-of-the-barrel first year law professor.
I completely agree with you that federal
government lawyers get underpaid at the bottom and top. This being said, once an academic is pulling in $300k+ at Boalt, that faculty member is often a world expert in the area of law in which they specialize. Many work on a number of different issues that are also outside academia - serving on state and federal advisory boards, informally advising government agencies, serving on ABA/ALI and other professional capacities, and helping the litigation strategy for select cases they're interested in.
For an example at Berkeley, I have absolutely no qualms with Paul Schwartz making $239,000. The real problem is when old academics stop being productive and get a full salary while doing the bare minimum.
You can see how much all of your faculty makes here:
http://www.collegiatetimes.com/database ... a-berkeley . I think the highest salary is $308k.