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Started By
Message
2
Posted on 6/6/16 at 6:11 pm to Grooler
quote:
$180k there =/= $180k in other places.
If you get with the right Big Law firm, they will pay the same salary in less costlier locales.
It is why some people wanted to get into big firms in places like Houston. NYC pay scale with lower cost of living.
Posted on 6/6/16 at 6:13 pm to Teddy Ruxpin
quote:
If you get with the right Big Law firm, they will pay the same salary in less costlier locales.
It is why some people wanted to get into big firms in places like Houston. NYC pay scale with lower cost of living.
This always seemed very unfair to me.
Posted on 6/6/16 at 6:13 pm to Mo Jeaux
quote:
This always seemed very unfair to me.
quote:
NYC
It should
I always wondered how ya'll felt about that. I imagine the upside though is much higher once you become somebody at the firm.
This post was edited on 6/6/16 at 6:14 pm
Posted on 6/6/16 at 6:16 pm to RedRifle
80 hours a week X 50 weeks = 4000 hrs. per year
$180k ÷ 4000 hrs. = $45 per hour
Your average street walker makes more than that. AND performs a better service.
$180k ÷ 4000 hrs. = $45 per hour
Your average street walker makes more than that. AND performs a better service.
Posted on 6/6/16 at 6:16 pm to RedRifle
quote:
As of July 1, new first-year lawyers at the firm will now get $180,000, up from its longtime standard of $160,000 for law-school graduates, according to a Cravath memo reviewed by The Wall Street Journal.
Lol nah. No amount of money you could pay me to take that job.
Posted on 6/6/16 at 6:18 pm to Mars duMorgue
quote:
80 hours a week X 50 weeks = 4000 hrs. per year
Don't believe the hype.
Posted on 6/6/16 at 6:18 pm to lilsnappa
Mirch McDeere: Are you saying my life is in danger?
Denton Voyles: I am saying that your life as you know it is over.
Denton Voyles: I am saying that your life as you know it is over.
Posted on 6/6/16 at 6:19 pm to Teddy Ruxpin
quote:
I always wondered how ya'll felt about that. I imagine the upside though is much higher once you become somebody at the firm.
its like tech and the bay area. It pisses them off so much that someone living in austin/denver/chicago makes within 10-15% of what they do.
Posted on 6/6/16 at 6:19 pm to Mo Jeaux
quote:
Don't believe the hype.
Ya, that number is off.
I'd also say that there aren't many people making top 5% incomes in this country working 40 hours a week.
Posted on 6/6/16 at 6:19 pm to Paul Allen
This board is always full of the retard when it comes to pay up north
180k starting out is balling in New York
Don't post some stupid shite from some website showing it is equal to 70k
I have lived it.
180k starting out is balling in New York
Don't post some stupid shite from some website showing it is equal to 70k
I have lived it.
This post was edited on 6/6/16 at 6:21 pm
Posted on 6/6/16 at 6:19 pm to Teddy Ruxpin
quote:
Wut?
What do you mean what.....
Posted on 6/6/16 at 6:21 pm to Mr.Perfect
quote:
What do you mean what.....
These firms aren't paying 180k for slip and falls, is what it seemed you were implying.
Posted on 6/6/16 at 6:21 pm to RedRifle
$180,000 in New York City......not bad for a 26 year old.
Posted on 6/6/16 at 6:22 pm to Hawkeye95
quote:
its like tech and the bay area. It pisses them off so much that someone living in austin/denver/chicago makes within 10-15% of what they do.
I don't know of too many people that pay it much mind to be honest. 
Posted on 6/6/16 at 6:22 pm to lsupride87
That's not balling in NY. Probably just exiting the cusp of needing to have a roommate to have an okay place in Manhattan with a reasonable commute.
Posted on 6/6/16 at 6:23 pm to Teddy Ruxpin
quote:
I'd also say that there aren't many people making top 5% incomes in this country working 40 hours a week.
Exactly.
Posted on 6/6/16 at 6:24 pm to member12
This board thinks it is 70k in Br
Let's break it down
10k a month after healthcare, taxes, and 401k
You get an awesome 1 bedroom in a great location for 3k
Car payment which I wouldn't have but whatever 500
Car insurance 100
Cable 150
Utilities 200
Cell phone 100
Groceries 400
That leaves you 5,500 a moth leftover. Which would be your total take home pay on 70k in Br
Let's break it down
10k a month after healthcare, taxes, and 401k
You get an awesome 1 bedroom in a great location for 3k
Car payment which I wouldn't have but whatever 500
Car insurance 100
Cable 150
Utilities 200
Cell phone 100
Groceries 400
That leaves you 5,500 a moth leftover. Which would be your total take home pay on 70k in Br
Posted on 6/6/16 at 6:25 pm to Lou Pai
quote:I just broke down how stupid this thought is
That's not balling in NY. Probably just exiting the cusp of needing to have a roommate to have an okay place in Manhattan with a reasonable commute.
Posted on 6/6/16 at 6:27 pm to lsupride87
quote:
I just broke down how stupid this thought is
As I've grown older the difference between the lifestyle of someone making 170k and 100k isn't that far off. The difference is the amount of savings that higher earner has, and the opportunities to generate other income streams, which will pay off handsomely as time goes on.
This assumes one or the other isn't an extreme spender or saver.
This post was edited on 6/6/16 at 6:29 pm
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