Thursday, November 30, 2006

NOW I AM REALLY DEPRESSED

Today it was brought to my attention, via this article, that the yearly bonuses at many firms are more than my entire yearly salary at Ye Old Non Profit!! Dejected doesn't even begin to cover it.
H/T to Lack of Scienter for pointing me to the article.

3 Comments:

At 11:41 PM, November 30, 2006, Blogger Brian D. said...

$35,000 FOR A BONUS!!!!!!! I haven't made that much money since 2000.

Did you ever think that if BIGLAW firms in New York, Chicago, LA paid half the money to twice the new associates that maybe they wouldn't burn out on the law and be bitter? Just a thought.

 
At 7:25 AM, December 01, 2006, Blogger TSC Girl said...

Yes, and then I would be able to find a job too!

 
At 6:23 PM, December 01, 2006, Blogger Brian D. said...

Cost is what you pay for something.
Value is what you get out of something.

Around here the BIGLAW firms pay $75,000 - $90,000 a year salary to the top grads (not counting benefits). I realize that isn't New York money but it's fine for here. When I found that out I simply couldn't fathom HOW a newly licensed attorney fresh out of law schould could provide $75,000 in VALUE to a firm. I don't see how we could know enough to be that useful at $75,000. A New Yorker providing $130,000 of year in value seems impossible to me.

I hate to tell my fellow breathern, but I feel the entire salary structure is out of whack.

I hope you have a few good leads. I have a few right now. Maybe one will pan out soon.

 

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