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Thread: Lawyer Salary
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  #440 (permalink)  
Old 18-10-2015, 08:08 PM
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Originally Posted by Unregistered View Post
I think lawyers are overpaid. Do you agree with me?
Disagree. For the amount of work they do, I would argue that most law firms are getting a good deal on their junior associates. Where else would you find a bunch of young people willing to put their lives on hold for 2 to 3 years for a starting pay of 5-6k?

On the other hand, I think IB is grossly overpaid. How does it make economic sense to pay a starting salary upwards of 12 to 15k? In which universe, from an economic perspective, is a 24 year old actually worth that amount?
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