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re: Outlook for lawyers growing more grim

Posted on 7/15/14 at 10:54 am to
Posted by Mo Jeaux
Member since Aug 2008
59351 posts
Posted on 7/15/14 at 10:54 am to
quote:

Back in 2008, associates at big firms made $125,000 straight out of school. But by last year, that had dropped to $95,000.


I don't know if this is true.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 7/15/14 at 10:57 am to
quote:

Back in 2008, associates at big firms made $125,000 straight out of school. But by last year, that had dropped to $95,000.


I don't know if this is true.

This makes no sense unless their definition of "big firm" is unusual, like any firm with 25+ attorneys.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 7/15/14 at 11:01 am to
quote:

I don't know if this is true.


That's because it isn't true. Unless they've broadened the definition of Big Law to include firms in the AmLaw200, associates make at least $160k in the major markets (e.g. New York, Chicago, Dallas, San Francisco). The only major market that hasn't come around to the 160k salary that I can think of is Atlanta. They are just weird.
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