If all student loans were forgiven instantaneously, would that put downward pressure on the Cravath scale? Surely debt levels coming out of law school have some relevance.

like
Posting as :
works at
You are currently posting as works at

Since many people only take on Biglaw jobs to pay off their debt and then accept lower paying in-house/NGO/other jobs where they’ll “fulfill their purpose”, I think it will.

like

If anything it would go up. Lots of people working to pay off their loans may leave. Others wouldn’t join who otherwise would have. That increases the need for people while reducing the potential pool, assuming firms don’t start recruiting at lower-ranked schools, which I expect most wouldn’t.

like

I actually know a lot of people who went to law school just to make lots of money. Many of whom didn’t have enormous student loan debt. I think the market is the market. Everyone wants to be paid what they’re “worth” but quality of life is a bigger indicator for me personally than my debt to income ratio. My guess is that as long as capitalism “works” companies will (should) continue paying people what they can afford and that should increase not decrease over time.

like

I would riot

But if the market decreases for new hires accordingly, would you follow suit?

helpful

Unless billables go down, they better not do that

Additional Posts

High back office chair recommendations <$500?

like

Coming from tech, $500k TC. What level at MBB pays this much? Feeling the itch to get back on the road again.

funnylike

My HR rep told me that to apply for your CPA license in MA you only need 1 year of work experience, not 2009 billable hours. Didn't sound right- can anyone confirm/deny?

like

Looking for suggestions for Breast Surgery Oncologists in Atlanta area, preferably South Asian. My mother just got diagnosed and barely speaks English so a South Asian doctor will be a plus. Thank you

like

AMERICAN EXPRESS India is hiring for Golang Engineer role. Title: Golang Engineer (Microservices, Kubernetes) - 21009039 Experience: 3+ years JD screenshot is attached.

Post Photo
like

Anyone else delayed at LGA? Sky club meet up!

like

Does what I contribute to an employer 401k affect how much I can contribute to my own Roth IRA/IRA or are the max contributions counted separately? I’m looking to contribute the max to my Roth for the first time but don’t want to accidentally over contribute. Any advice is appreciated :)

like

Skin advice: Not trying to get too medical here. But, I’ve been having bacne (and related pigmentation) on upper back and upper arms. Doctors have called it Keratosis Pilaris. I’ve tried multiple things but nothing REALLY seems to work. Any tips / suggestions?

likehelpful

Currently interviewing internally but recruiter keeps saying I’m in range for comp but I know I’m not. Interviews went well with hiring manager - can I bring up comp talk directly with HM?

like

This is why I go Marriott

Post Photo
likefunnysmart

Marriott or Hilton loyalty program?

like

Finished 2 years in consulting out of undergrad and am thinking about taking time off to travel and explore other opportunities (maybe even find a way into tech). Any advice?

like

Many Big(?)4 mgrs /srmgrs /prtnrs remain traditional & creative-less: unable to stretch thinking / writing / comms beyond their mental-borders ——> they forcefully remain anti-immigration

like

Looking for suggestions on this offer with PWC : 1) Designation : Consulting Manager 2) 158k base + 15k sign on bonus 3) Location : New York City

like

How long after phone interview would you follow up. A week?

like

Salary for Senior Associate at KPMG vs Manager? Location: NYC, Tech Advisory

like

How is spend at Marriott calculated? Just the nightly rate? Or the final bill that includes all sorts of tax?

Has anyone seen the Trolls holiday video on Netflix? Agree or disagree that it is okay to show in class?

like

I'm stunned that my team is suggesting we work during the shutdown. Unless your project is in chaos (this isn't) that shouldn't be on the table. Go ahead and give me a bad rating, I won't do it

like

Hi, YOE: 3years Skills: Java, Spring Boot and Microservices I received an offer from Cognizant for 10.5 LPA with 45000 Variable and 75000 joining bonus. I didn't even negotiate with them because I got an offer from FIS for 12 LPA. Even before sending rejection letter to Cognizant they revised offer to 16Lpa with 45k variable pay and 1Lakh joining bonus. I am not getting why they revised offer. Till now I was pretty sure I was going to Join FIS now I am confused.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.