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Reply to "In house Comp for lawyers relative to firms"
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[quote=Anonymous]Yes - that's the right read. Take a look at indeed.com for posted in-house positions. You'll see a range of salaries offered, but they typically fall in the $120k - $250k per year in salary depending on the size of the company and experience required (usually asking for at least 3-5 years of experience). Starting salary for a 1st year associate at a large firm is now at the top end of that scale - $225k. That doesn't capture bonuses, 401k match, hours worked, etc. but there's no question that law firm salaries have outpaced in-house comp packages. I think you'd be doing quite well if you have an in-house position that pays $500k in comp and bonuses - that's what 27 year old kids who are 6 years out of law school are making at firms. [/quote]
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