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Aspiring Lawyers - Applications & General Advice
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How does pay at the Bar compare to US firms?
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<blockquote data-quote="Can't Think of a Username" data-source="post: 123490" data-attributes="member: 24332"><p>How do barristers' earnings at good London civil sets (outside of the most elite sets) compare to US firms?</p><p></p><p>I see a lot of people trying very hard to get into those sets with an Oxbridge first and lots of mooting and work experience. Surely, it would not be difficult for them to land a good job at a US firm. </p><p></p><p>From my not very informed impression, barristers can earn low to mid six figures by 5 years post call (before outgoings). This seems to be rather similar to the 5PQE pay on the Cravath scale, currently $435k. </p><p></p><p>Does the Bar actually pay more or are people choosing it for other reasons like nature of the work, judicial ambitions, etc?</p></blockquote><p></p>
[QUOTE="Can't Think of a Username, post: 123490, member: 24332"] How do barristers' earnings at good London civil sets (outside of the most elite sets) compare to US firms? I see a lot of people trying very hard to get into those sets with an Oxbridge first and lots of mooting and work experience. Surely, it would not be difficult for them to land a good job at a US firm. From my not very informed impression, barristers can earn low to mid six figures by 5 years post call (before outgoings). This seems to be rather similar to the 5PQE pay on the Cravath scale, currently $435k. Does the Bar actually pay more or are people choosing it for other reasons like nature of the work, judicial ambitions, etc? [/QUOTE]
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How does pay at the Bar compare to US firms?
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