Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Jobs and Careers
Reply to "The golden handcuffs of biglaw"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]You have to realize that your life does not actually require that income. If you don't believe it, create an artificial experiment and live on your alternative salary for a year while socking away the rest in investments. You may be surprised. Also, when you look at salaries for in house positions, what you don't see are the bonuses and value of stock options and that you aren't paying self-employment and benefits. In house, we have a base salary in the 300 range, [b]but pay taxes on over 800[/b]. That may sound like 'not enough' to you, but we have kids full pay in private schools and colleges too. We have more than anyone needs. If you cannot accept that as truth, then the problem is your relationship with money, not your golden handcuffs. You hold the key to those cuffs.[/quote] That's not even remotely close to typical in-house comp.[/quote] True - more likely that OP will make around 200-250k. 800k sounds like GC level compensation, which OP won't get until at least 10 years learning the ropes of the in house job, which is very different form being a good law firm attorney. Even then, it's questionable whether OP will get to GC level, there is a lot of competition and many excellent attorneys that know how to manage/lead, vying for those opportunities.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics