|
|
|
|
|
by rayiner
5065 days ago
|
|
Legal salaries are bi-modal. You either work at a big firm paying the market big-firm rate ($160k+ bonus in NYC, Chicago, etc) or you work at a small firm making $45-70k. There are some weird market dynamics in the legal field. Law firms create an artificial shortage of lawyers, and thus a corresponding explosion in associate salaries, because they refuse to hire substantial amounts outside the top 15 schools or so. They'll hire anyone at Stanford and most people at Duke, but only the very top of the class at say U Washington. |
|
He said that it's not because a Berkeley or Texas grad isn't just as good it's because they have a certain culture and in case one of the new hires messes up a case no one wants to be the partner who gave that "public school kid" a chance and lost the firm a lot of money and prestige.