It may surprise many students to learn that $40,000 and $30,000 were the most frequently reported salaries in the Class of 1998 Report. Individuals who serve corporate clients earned more than individuals serving indigent persons (median salary of $60,000 versus median salary of $31,000); and the median salary for government positions was $36,000.
5. If you are interested in pursuing a position in the private sector, you will most likely work for a law firm of 50 attorneys or less. More than 50% of the private sector entry-level positions for the Class of 1998 were in firms of .50 attorneys or less. Small law firms of 2-10 attorneys accounted for the largest percentage of the positions with more than 30% of all private sector positions. The median starting salaries for firms of this size is $37,000. For firms of 11-25 attorneys the median salary is $43,500, and for firms of 26-50 attorneys, $52,000. Hiring at law firms of 100+ attorneys has increased over the past few years with approximately one-third of the Class of 1998 obtaining positions with these firms.
How many years does it take for your salary to be in the $80-100K range if you work for a small firm or the government?