<p>I am really debating whether i should go into i-banking or law school and i have found it difficult to find out what the average salary of a top14 law school grad is in let's say 5-10 years after graduation(money is not my only consideration for a career choice but it is one). I know first year out is about 125,000, but how about 5-10 years aftr that; what is the salary like then.</p>
<p>Thanks</p>
<p>200-250K assuming you a not a partner. This is just a guess on my part, but it seems accurate.</p>
<p>are there any sites that contain this kind of info?</p>
<p>The average salaries 10 years out of law school will vary widely. Someone who has worked in and continues to work in the public interest will not have cracked $100,000 a year, and someone who has made partner at Wachtell will be making several million dollars a year. Many attorneys will have left the day-to-day practice of law behind for careers in teaching, writing and business, among others, and their salaries will be completely unpredictable, running the gamut of all salaries for all occupations out there. Attorneys who work in small towns will typically make smaller amounts of money (and have lower costs of living) than attorneys who work in Chicago or LA or NYC or Atlanta, for example, though this is certainly not always the case. Attorneys who have gone "in house" to work for internal law departments at corporations will have widely varying salaries, depending on whether they are working for small companies (sometimes very high and sometimes very low compensation), Fortune 500 companies or companies in between. There are other factors, too. Benefits will differ ten years out -- some will pay 100% of their own health benefits (e.g. partners in law firms), some will receive stock options (e.g. in house lawyers), some will be accruing pension benefits for their retirements, some will be given company cars, health club and country club memberships . . . you get the idea. I think that if you look at any profession you will find similar results. Where you are ten years out of law school, compensation-wise, depends on your choices, your intelligence, your desire, your drive, your diligence, the doors that have been opened for you either by your characteristics or things like your schools and a little bit (or a lot) of luck.</p>
<p>thanks sally</p>