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re: NY BIGLAW Salary Raise - $190K for 1st Years

Posted on 6/4/18 at 7:24 pm to
Posted by baldona
Florida
Member since Feb 2016
20582 posts
Posted on 6/4/18 at 7:24 pm to
Not that this pertains to the conversation, but you'd have to be an idiot to live by yourself in NYC unless you are pulling in $500k+. Live in a nice 3 bedroom for $8k month that has a spare bedroom, twice the space, and you get to split some bills.

But on another note, these first year type of positions are never home. Maybe one night a week you'd eat dinner at home.

Plus don't most have large expense accounts and a lot of things like dry cleaning and meals paid for?
Posted by athenslife101
Member since Feb 2013
18616 posts
Posted on 6/4/18 at 7:33 pm to
quote:

Plus don't most have large expense accounts and a lot of things like dry cleaning and meals paid for?


I know one director in finance who works in Midtown butblives in upstate New York. She obviously works long hours. If she works past 8 I think, the company has to drive her the 2-3 hours back to her home instead ofnletter her take the train she usually does
Posted by Bruco
Charlotte, NC
Member since Aug 2016
2798 posts
Posted on 6/4/18 at 7:34 pm to
Friend of mine just rented a 2br in Cobble Hill in Brooklyn for $4700 a month. It’s a decent looking place.

She got a nice raise to move from Austin, but damn. Between that and the income taxes, I hope that raise was at least 35% or so.
Posted by pjab
Member since Mar 2016
5655 posts
Posted on 6/4/18 at 8:47 pm to
I agree $500k is the number you need to live in Manhattan long term (kids, retirement, college funds, vacations, etc).
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