"The National Jurist recently decided to dig into the data to determine which cities, when adjusted for cost of living, "strike the right balance between compensation and affordability" for law school graduates. Here's their methodology: To identify the top cities for law firm jobs, we used mean salary data from the National Association for Law Placement's Class of 2023 report and adjusted it for cost-of-living differences across the country."
"So, which cities are the best for law firm associates based on this calculation? Where can they get the best combination of high compensation with a low cost of living? Without further ado, these are the 10 cities where associates can stretch their salaries the furthest (adjusted salaries noted): Houston, TX: $291,436 Austin, TX: $265,151 Dallas, TX: $260,436 Washington, DC: $259,341 Chicago, IL: $243,116"
Mean salary data from the National Association for Law Placement's Class of 2023 report were adjusted for regional cost-of-living differences to rank cities where law firm associate salaries stretch furthest. The top ten cities by adjusted salary are Houston ($291,436), Austin ($265,151), Dallas ($260,436), Washington, DC ($259,341), Chicago ($243,116), Los Angeles ($241,341), Minneapolis ($231,640), Charlotte ($229,400), Boston ($225,990), and Salt Lake City ($225,330). Lower-cost cities enable associates to manage debt more easily and preserve lifestyle. After adjustment, many high nominal-pay East and West Coast cities become less attractive, elevating Texas markets.
Read at Above the Law
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