Law Students

NALP Reports Median Associate Starting Pay of $130k

By Erik Schmidt

I do wonder if sampling bias is at work here. In any event, the figure of $130k doesn’t apply if you’re going to a small firm:

While the median starting pay was $130,000 overall, it ranged from $70,000 in firms of 2 to 25 lawyers to $135,000 in firms of 501 to 1,000 lawyers, and $160,000 in firms of more than 1,000 lawyers, according to the survey.

Another interesting snippet from their evaluation of 2008 law grad employment figures:

Overall, about 75 percent obtained a job for which bar passage is required.

There are no guarantees, even if you’re an excellent law student.

Full post as published by Mac Law Students on August 03, 2009 (boomark / email).