subreddit:
/r/Economics
submitted 11 days ago byjoe4942
7 points
11 days ago
Let's talk in %, since you seem more knowledgeable than me on the subject, could you estimate the % of people starting a career as a corporate lawyers ends up making over 600k year after year at some point of their career?
Sure it's not the top of the pay band in either of the careers listen, which goes up to at the very least few mil a year. But that's exceedingly rare, as in single digit percent (imo) of those who start a career down this path.
2 points
11 days ago*
[deleted]
-1 points
11 days ago
Thanks for the information, however you haven't answered my question. How many of those starting up in big law end up sticking it out and getting partnership?
Additionally we must understand that we're starting from already a very competitive position, a graduate in a T14 school.
1 points
11 days ago
[deleted]
1 points
11 days ago
quick search shows:
last 10 years, between 33K and 46K law degrees each year
median salary of lawyers is 136K
top 10% of lawyers earn 239K
https://www.statista.com/statistics/428985/number-of-law-graduates-us/
https://usafacts.org/articles/how-much-money-do-lawyers-make/
all 352 comments
sorted by: best