Law School Discussion

Anyone notice that private sector salaries went down a lot?

shae

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Re: Anyone notice that private sector salaries went down a lot?
« Reply #40 on: February 14, 2006, 09:52:26 PM »
Actually, 58K is median(not mean) for graduation in private and about 40 in public. Nationally. I'm guessing that public law levels around 50K and private law levels around 150 K in ten years. The median salary in law is about 95-100K according to most stats.

What I understand is that it falls like this for the tiers in private practice:
         City          Town         Rural
T14      125K          100K         80K

T1       100K           80K         60K

T2       80 K           60K         50K

T3       Unemployable   50K         40K
 
T4       Unemployable   40K         30K

..and I guess you make a bout 3 times that much when after 10 years.

i completely disagree with this.

Re: Anyone notice that private sector salaries went down a lot?
« Reply #41 on: February 18, 2006, 12:14:34 AM »
Actually, 58K is median(not mean) for graduation in private and about 40 in public. Nationally. I'm guessing that public law levels around 50K and private law levels around 150 K in ten years. The median salary in law is about 95-100K according to most stats.

What I understand is that it falls like this for the tiers in private practice:
         City          Town         Rural
T14      125K          100K         80K

T1       100K           80K         60K

T2       80 K           60K         50K

T3       Unemployable   50K         40K
 
T4       Unemployable   40K         30K

..and I guess you make a bout 3 times that much when after 10 years.

i completely disagree with this.

I won't comment on the rest, but I'm pretty sure that a T14 grad going to a rural area doesn't make anymore than a T2 grad doing the same. It's not like there are big firms in truly rural areas.

Slow Blues

Re: Anyone notice that private sector salaries went down a lot?
« Reply #42 on: February 18, 2006, 06:17:43 AM »
I didn't notice that, but I did notice that UVA's 75th went up to 135K.  That's better than HYS.

hmm USNWR online says for UVA: Private sector (25th-75th percentile): $100,000 - $127,000

Michigan is 105 - 125, Columbia/NYU/Harvard are all 125 - 125.

First year associates' salaries starting to creep up. Should be 125-145 or 145-145 for the Top 10 or so schools by the time we graduate or maybe even as soon as next year.