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In house salaries match. Some large mid size firms will probably be about that too. If your degree is being paid for, keep going. If not and you like Deloitte, I’d seriously debate calling it for law school if you’re not solidly top 25%.
Rising Star
In-house definitely won’t be 140k right after graduation but agree that 3-5 years out that’s a reasonable expectation
To answer your second question, yes. Maybe not immediately, however. Also, I would consider your future earnings potential. I don’t know much about the career trajectory at Deloitte, but you can make a great living even as a solo practitioner once you get some experience. It’s not just the salary your first year out of law school that matters.
I was an engineer pre law. For me, going to law school was justified by the higher big law salary ceiling. BUT now I don’t think it was worth it because the high ceiling is not realistic for most and will require a ton of work. And ironically, my friends who stuck with engineering at FAANG now out earn me by a significant margin (as a 3rd yr ass in big law) and probably work less hours too. I’m totally bitter about it.
I have considered, and applied. But no luck yet. I will keep trying!
U can get into big law with a decent chance in much of the T30 but you have to think of schools and market. Going to Uwash won’t help you get into the DC or Boston market as much as schools in those cities (but don’t overemphasize this. I’m just talking top 20-30; dove into each schools employment data).
You’ll have to try to get into top 30% of your class but thats doable.
Outside of big law, your next tier is still making starting salary of at least 150-160k (when big law starts at 190).
Tier below that is 120-140k in HCOL area.
Then ~90k and up at smaller firms in HCOL areas.
Also the central question here really is: do you want to be a lawyer and do u know what lawyers actually do. If yes, then graduate and be a lawyer. Or rather, if u know u don’t want to be a consultant then that’s that and time to move on.
I wouldn’t make the decision primarily based on income if ur already in law school Part time. But the focus on income is def important.
Am I thinking about this incorrectly? Are there salaries not in big law that’s comparable to manager salary at Deloitte?