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Reply to "For those 45+, how good were the 1990s, actually?"
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[quote=Anonymous]Early 90s was a recession; we started coming out of it by '97. We came out of law school in '92 into a terrible hiring market, and the big law firms had salary freezes due to a weak economy, and some firms actually dropped associate salaries. Three first year classes in a row had the same salary. For those starting in the workforce in the early 90s, they never really made up for that, most of my peers were 10 years late to home ownership compared to people even 4-5 years before or after them.[/quote]
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