Reply to Big Law and conspicuous shows of wealth

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are from old money can you really say there’s “lots of money” in big law?

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Not even sure what old money means in this context.

Met very few biglaw families like this.  They tend more to live large but as a family.  [/quote]

Maybe it’s just my circle but I don’t even know many big law attorneys who really live large. I can think of 3: two who are very high up in their firms and one who has a trust fund (the one with a trust fund doesn’t live conspicuously, but she does all the wealthy things, rather than having to pick and choose like most big law attorneys do). [/quote]

Really.  20 year partners mostly have $2 million plus homes, beach house, possibly another house 1-3 country clubs.  Nice expensive cars -- Mercedes, BMW, mostly fly themselves and family first class.  Europe and Caribbean every year.  If they ski -- then that.  [/quote]

? I've never known a DC-based partner who lives like this and both me and my husband have been in biglaw 10 years [/quote]

I don't know a non-new partner who does not live like this.  Maybe we are thinking of different firms?[/quote]

DP. Two Mercedes *and* a 2M+ home *and* a beach house *and* fly themselves and family first class *and* Europe every year *and* the Caribbean every year *and* skiing *and* alll those country clubs? Maybe if they don't do anything expensive for their kids, but it seems like expensive activities, expensive camps, and private school all come before doing those other more frivolous things. It seems like that's the lifestyle of somebody in finance, not law, even for more advanced Big Law partners.[/quote]

NP but that list is not at all crazy for a partner making 1.5M+ a year, which is what an (equity) partner at a top DC law firm would make.[/quote]

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