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Tax Bowl

Hi all, I’m a JD/LLM and was offered a tax associate position (Big4) with M&A group: 120k starting salary with a 5k signing bonus. Fair?

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Let’s see - you’re going to be paid six figures in a field in which I’m guessing you have zero real world experience. More than fair. You’re way overpaid. Hope you’re worth it.

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Wait working hard is all it takes?!?! I should get on that!

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For the Big 4 in a HCOL, its fair. You need to hustle as the pressure will be on to deliver work product and be as technical as possible. A few years of experience in a technical group, and you can pivot to a law firm.

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CPA vs JD seems to be unfair. Why do the firms pay jd’s more even though we do the same work?

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You don’t.

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Not fair to the rest of us

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Yes, seems accurate for new associates starting in speciality groups in HCOL area with JD/LLM.

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Yes

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Signing bonus is kind of low but not sure which big4. My JD/LLM classmates got about $10k-$15k for M&A.

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Thanks everyone for helping me make an informed decision.

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That sounds pretty fair. I assume a HCOL area?

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Yes HCOL

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I’m a JD/LLM in indirect tax and make $130k salary (Deloitte). I’d say you’re getting paid quite well.

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Wow which big 4?

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Geeeeez

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Experienced hire or new grad for class of 2021?

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That’s fair.

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That JD sauce

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Is OP just bragging?

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No- not bragging. This is honestly not a ton of money compared to a biglaw salary which would be more like 190 based in NYM.

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Some people pass biglaw if they didnt get core tax offers (exec comp, employee benefits).

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Tax associate? Overpaid but whatever.

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You should consider that you will be working 60-80 per week. Fair?

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