Entry-level corporate lawyers now can make $200k or more

NY Post ^ | 06/14/2021 | Theo Wayt

[ChicagoConservative27]

Pay for first year corporate attorneys has skyrocketed, with some firms now paying young graduates more than $200,000 starting salaries.

New York-based corporate law firm Davis Polk & Wardwell LLP, which has 975 attorneys, upped pay on Friday for 2021 law school graduates to $202,500, the Wall Street Journal reported. Another New York law firm, 765-attorney Milbank LLP, reportedly raised first-year pay to $200,000 last week.

Other firms that jacked-up pay in the past week include Cadwalader, Wickersham & Taft LLP; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC; and Proskauer Rose LLP, according to the Journal, which also reported firms paid-out bonuses throughout the pandemic.

[ChicagoConservative27]

How many of these "woke" morons are competent when it comes to practicing law after what they learned in law schools these days?

[1Old Pro]

How many of these "woke" morons are competent when it comes to practicing law after what they learned in law schools these days?

None, so don't find yourself at a judges mercy as they migrate to the bench.

[Soul of the South]

In a world where the judges make up law for each case, using the concept of the”living Constitution” taught in law schools for decades, the freshly minted attorneys should do well.

[dfwgator]

What about the firm of Dewey, Cheathem and Howe?

[Governor Dinwiddie]

No amount of money is enough to make me live in the New York City area. No amount whatsoever. A zillion dollars? Hah. I'd rather live in a rotting single-wide hidden up some dark hollow.

[13foxtrot]

“How many of these “woke” morons are competent when it comes to practicing law after what they learned in law schools
these days?”

Zero. New LS grads know less than nothing. They are used to pad the bills until they learn a thing or two. Associates at big firms can languish for years before learning how to do anything of merit. Most will wash out in a few years with a few select sticking it out.

[dfwgator]

Government Of the Lawyers, By The Lawyers, For The Lawyers.

[polymuser]

“Research has shown that lawyers are prone to stress-related illnesses, including burnout, insomnia, clinical depression, gambling addiction, and substance abuse.”

https://www.mcca.com/mcca-article/mental-health-in-the-legal-profession/

No wonder 90% are D’rats.

[ClearCase_guy]

I’m guessing that knowledge of the law (who needs it?) is completely secondary to the important question: “Are you in the club?”

[NEMDF]

This doesn’t surprise me, since the local McDonald’s had “$17/hour to start” on their sign here yesterday.

[polymuser]

“Government Of the Lawyers, By The Lawyers, For The Lawyers.”

That is so accurate!

[dfwgator]

Associates at big firms can languish for years before learning how to do anything of merit.

Then they go to Washington DC.

[Sooth2222]

New York-based corporate law firm Davis Polk & Wardwell LLP, which has 975 attorneys, upped pay on Friday for 2021 law school graduates to $202,500, the Wall Street Journal reported. Another New York law firm, 765-attorney Milbank LLP, reportedly raised first-year pay to $200,000 last week.

Downside is that it's in New York City.

[BenLurkin]

There’s “practicing law” and then there is litigating.

Litigators are the real lawyers. The corporate drudges are only glorified clerks, and should never preside over any trial court.

Just my opinion, of course.

[antidemoncrat]

“Entry-level corporate lawyers now can make $200k or more”

No wonder the brightest students opt for Law Degrees instead of STEM Degrees.

[qam1]

I thought there's an oversupply of Lawyers and new grads are struggling to find work?

Forget Law School: The US Job Market is Oversaturated with Lawyers

[alternatives?]

Isn’t a law degree a form of privilege? If so, shouldn’t we ban them?

[TakebackGOP]

Why would they pay that much?

[RoosterRedux]

That’s almost $40 an hour.;-)

[BenLurkin]

http://www.lerctr.org/~transit/healy/Uh_Yeah.mp3