Expected salary for a first year JD Tax Associate (KJD so no legit work experience besides summer internships) at an accounting firm in a large expensive city (NY, LA, SF, Chicago)? Big 4 or BDO/RSM/Baker Tilly etc.

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I was offered 90k out of my JD program at RSM with a very minimal signing bonus out of DC/NY/Boston. After my LLM I had an offer from a Big 4 out of SF/LA for $120k base and 15k signing.

Neither sounded very appealing.

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We pay 1st year associates more than that at our midsize law firm's secondary city offices. Even more in NYC. Can I ask, sincerely, what is the appeal of going to Big 4 for so little comp, vs. going to a midsize law firm with a strong tax practice? Is it a longer-term play? Please fill me in!

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P1, I’ve worked at Big 4 and a midsize law firm, and recently went back to Big 4 because I was allowed to be fully remote. That option is available to anyone who wants it at my Big 4. In my case I needed to be fully remote out of necessity due to family location. Also the clients are way more interesting than at the law firm. Big 4 clients are primarily Fortune 500 companies with a global presence and basically any tax issue you could imagine. So for me it’s been those two things - Big 4 is more accommodating of how I want/need to work, and the clients are more interesting.

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First year Tax JD/LLM M&A for NYC (2022) was 132k starting, with a 15k sign on. Int’l tax was 130k, same sign on. Miami and Chicago M&A was slightly less at around 125k I believe.

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My guess is in the $75-90k zone for a JD. I knew Tax LLMs getting offered as low as $80k in some major/secondary markets and up to $130k in DC or NYC in Big 4.

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So after 2019 tax LLM program big 4 was offering around 130k in the major markets. I can’t speak to now. Hours are the same or worse for biglaw. If you’re an attorney stay on the law firm side of the house at least for a bit.

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Accounting firms pay crap. Period. You want decent pay, go qith a law firm. Accounting firms only get competitive at partner level.

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$85K

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Big4 in NY is probably $100k.

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Depends on group too. I had llm classmates getting offers to do international tax at 110–120 in nyc in 2017. Easily can be that now if you’re in a hcol area and doing a high demand area (international, m&a, etc.)

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I will be doing international tax or M&A (internship has me doing both) so this is helpful!

I know first year JD associates in M&A tax making $95k in MCOL. I’d add $10-20k for HCOL. Don’t even fool with BDO/RSM/etc.

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I started in SALT in DC at 88k with a 15k sign on back in 2017. By 2018 starting had gone up to 95k

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Pwc, im a JD/LLM

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JD would be around 95k at Big4 in the M&A group, if you can land it. That group typically hires LLM grads

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So Dallas is probably the same too? And is it same across all of the Big 4? Thanks so much for your help - I appreciate it.

Graduated from LLM in 2016. Back then, LLMs starting in big4 m&a or international in NYC were starting at $120ish. So I would think that, at least in NYC, starting salaries have to be $140-150 now?

P2, OP stated elsewhere in the thread that bad grades are a factor here so I think it’s safe to assume they don’t have the choice. And they actually didn’t ask, “which is better salary-wise, Big 4 or Big Law?” So yes you have a point, but no one asked for it.

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