Some people dream of becoming a lawyer to serve the public interest and make a positive impact on the world.
Other people dream of becoming a lawyer because they want to GET RICH.
In the wake of the great recession, there has been a ton of media coverage breathlessly declaring that law schools and, indeed, the entire legal profession, was in a state of “crisis.” And yes, there are still plenty of lousy law schools out there (I’m looking at you, Cooley), but today I want to take a look at the other end of the spectrum.
Nearly 10% of the Forbes 400 have law degrees, and at least one lawyer became a billionaire by practicing law…
And although you probably aren’t going to be the next attorney to win over $13 billion in settlements throughout your career, there are still plenty of lawyers earning a very nice salary, even as a first-year attorney.
According to NALP, 1 in 6 new graduates from the class of 2020 (6103 out of 34420 total grads) were working in lucrative BigLaw jobs.
What is Biglaw?
The term “BigLaw” is used to refer to the largest law firms in the country. For this article, let’s focus exclusively on the very largest BigLaw firms: the mega-firms that employ 251 or more attorneys.
The table below details the distribution of starting salaries for the class of 2020. BigLaw jobs are highlighted in blue.
The median BigLaw starting salary is $190,000 – which is just over THREE TIMES more than the $62,000 median starting salary at small firms of 1-10 attorneys.
Starting Salary By Firm Size
Firm Size (# of Lawyers) | Median Starting Salary |
---|---|
1-10 | $62,000 |
11-25 | $75,000 |
26-50 | $83,000 |
51-100 | $98,000 |
101-250 | $125,000 |
251-500 | $180,000 |
501+ | $190,000 |
Interestingly, most lawyers in private practice end up at one extreme or the other. The table & graph below illustrates just how polarized the legal market is.
The bimodal salary distribution results in two large clusters at either end of the salary/firm size spectrum, with relatively few jobs in between.
Private Practice Jobs by Firm Size
Firm Size | # of attorneys | % of total |
Solo Practitioner | 408 | 2.49% |
1-10 | 5,793 | 35.34% |
11-25 | 1,697 | 10.35% |
26-50 | 1,001 | 6.11% |
51-100 | 797 | 4.86% |
101-250 | 965 | 5.89% |
251-500 | 1,009 | 6.16% |
501+ | 4,610 | 28.13% |
Unknown | 110 | 0.67% |
TOTAL | 16390 | 100.00% |
What Law Schools Do BigLaw Firms Hire From?
If you want to break into BigLaw, you’ve gotta go to the right school.
The table below ranks law schools strictly based on how successful the schools were at landing students jobs in BigLaw jobs or federal clerkships. I’ve included federal clerkships here since they are often even more prestigious and competitive than BigLaw jobs, which will likely be waiting for these students after their clerkship is over.
Biglaw Rank | % Biglaw | Name | # Biglaw Bound | # Total Grads | USNews Rank | City | State |
---|---|---|---|---|---|---|---|
1 | 85.71% | University of Chicago | 174 | 203 | 4 | Chicago | IL |
2 | 81.54% | Columbia University | 349 | 428 | 4 | New York | NY |
3 | 80.32% | University of Virginia | 253 | 315 | 8 | Charlottesville | VA |
4 | 78.04% | Duke University | 167 | 214 | 12 | Durham | NC |
5 | 75.90% | Cornell University | 148 | 195 | 13 | Ithaca | NY |
6 | 74.81% | University of Pennsylvania | 193 | 258 | 7 | Philadelphia | PA |
7 | 73.44% | Northwestern University | 188 | 256 | 9 | Chicago | IL |
8 | 68.68% | Stanford University | 125 | 182 | 2 | Stanford | CA |
9 | 68.42% | Harvard University | 390 | 570 | 3 | Cambridge | MA |
10 | 65.06% | University of Michigan—Ann Arbor | 216 | 332 | 9 | Ann Arbor | MI |
11 | 64.95% | University of California—Berkeley | 215 | 331 | 9 | Berkeley | CA |
12 | 62.75% | Yale University | 128 | 204 | 1 | New Haven | CT |
13 | 61.55% | New York University | 293 | 476 | 6 | New York | NY |
14 | 59.19% | Georgetown University | 409 | 691 | 14 | Washington | DC |
15 | 56.11% | Vanderbilt University | 101 | 180 | 18 | Nashville | TN |
16 | 55.56% | University of Southern California (Gould) | 105 | 189 | 18 | Los Angeles | CA |
17 | 51.92% | University of California—Los Angeles | 162 | 312 | 15 | Los Angeles | CA |
18 | 50.00% | University of Texas—Austin | 161 | 322 | 16 | Austin | TX |
19 | 49.79% | Washington University at St. Louis | 118 | 237 | 17 | St. Louis | MO |
20 | 46.85% | Fordham University | 186 | 397 | 27 | New York | NY |
21 | 44.00% | University of Notre Dame | 88 | 200 | 22 | Notre Dame | IN |
22 | 41.85% | Boston University | 95 | 227 | 20 | Boston | MA |
23 | 39.43% | Boston College | 97 | 246 | 31 | Newton | MA |
24 | 34.43% | George Washington University | 147 | 427 | 23 | Washington | DC |
25 | 31.58% | University of Iowa | 42 | 133 | 27 | Iowa City | IA |
26 | 31.21% | Emory University | 88 | 282 | 24 | Atlanta | GA |
27 | 31.16% | University of North Carolina—Chapel Hill | 62 | 199 | 27 | Chapel Hill | NC |
28 | 30.52% | Washington and Lee University | 47 | 154 | 31 | Lexington | VA |
29 | 29.37% | University of California — Irvine | 42 | 143 | 27 | Irvine | CA |
30 | 28.57% | Howard University | 36 | 126 | 107 | Washington | DC |
30 | 28.57% | William and Mary | 52 | 182 | 31 | Williamsburg | VA |
32 | 28.19% | University of Illinois—Urbana-Champaign | 42 | 149 | 31 | Champaign | IL |
33 | 27.56% | University of Alabama | 35 | 127 | 31 | Tuscaloosa | AL |
34 | 26.32% | Southern Methodist University (Dedman) | 55 | 209 | 56 | Dallas | TX |
35 | 25.86% | University of Houston | 60 | 232 | 56 | Houston | TX |
36 | 25.63% | University of Minnesota—Twin Cities | 51 | 199 | 21 | Minneapolis | MN |
37 | 25.27% | University of Georgia | 46 | 182 | 31 | Athens | GA |
38 | 25.00% | Wake Forest University | 38 | 152 | 42 | Winston-Salem | NC |
39 | 24.18% | Indiana University—Bloomington (Maurer) | 37 | 153 | 38 | Bloomington | IN |
40 | 24.04% | Ohio State University (Moritz) | 50 | 208 | 38 | Columbus | OH |
41 | 21.85% | University of California—Davis | 33 | 151 | 38 | Davis | CA |
42 | 21.70% | Tulane University | 46 | 212 | 54 | New Orleans | LA |
43 | 21.14% | University of California (Hastings) | 63 | 298 | 59 | San Francisco | CA |
44 | 20.20% | Brigham Young University (Clark) | 20 | 99 | 37 | Provo | UT |
45 | 19.20% | St. John’s University | 48 | 250 | 74 | Queens | NY |
46 | 19.01% | University of Pittsburgh | 27 | 142 | 76 | Pittsburgh | PA |
47 | 18.87% | University of Washington | 30 | 159 | 42 | Seattle | WA |
48 | 18.81% | University of Florida (Levin) | 57 | 303 | 24 | Gainesville | FL |
49 | 18.52% | Yeshiva University (Cardozo) | 65 | 351 | 53 | New York | NY |
50 | 18.34% | Villanova University | 31 | 169 | 62 | Villanova | PA |
51 | 18.29% | Brooklyn Law School | 60 | 328 | 83 | Brooklyn | NY |
52 | 17.65% | Case Western Reserve University | 21 | 119 | 76 | Cleveland | OH |
53 | 17.29% | Temple University (Beasley) | 37 | 214 | 56 | Philadelphia | PA |
54 | 16.77% | Seton Hall University | 28 | 167 | 62 | Newark | NJ |
55 | 16.23% | Baylor University | 25 | 154 | 50 | Waco | TX |
56 | 16.07% | University of Mississippi | 18 | 112 | 111 | University | MS |
57 | 16.04% | University of Maryland (Carey) | 30 | 187 | 47 | Baltimore | MD |
58 | 15.52% | University of Richmond (Williams) | 18 | 116 | 54 | University of Richmond | VA |
59 | 15.42% | Illinois Institute of Technology (Chicago-Kent) | 35 | 227 | 83 | Chicago | IL |
60 | 15.41% | Loyola Marymount University | 51 | 331 | 62 | Los Angeles | CA |
61 | 15.06% | American University (Washington) | 58 | 385 | 76 | Washington | DC |
62 | 15.03% | George Mason University | 26 | 173 | 42 | Arlington | VA |
63 | 14.85% | University of Miami | 53 | 357 | 67 | Coral Gables | FL |
64 | 14.69% | University of Colorado—Boulder | 26 | 177 | 46 | Boulder | CO |
65 | 14.41% | University of Tennessee—Knoxville | 17 | 118 | 70 | Knoxville | TN |
66 | 14.29% | University of Arkansas—Fayetteville | 16 | 112 | 90 | Fayetteville | AR |
66 | 14.29% | University of Missouri | 12 | 84 | 67 | Columbia | MO |
68 | 13.99% | University of Wisconsin—Madison | 20 | 143 | 38 | Madison | WI |
69 | 13.92% | Loyola University Chicago | 33 | 237 | 70 | Chicago | IL |
70 | 13.73% | University of Kansas | 14 | 102 | 70 | Lawrence | KS |
71 | 13.54% | Florida State University | 26 | 192 | 50 | Tallahassee | FL |
72 | 13.39% | Arizona State University (O’Connor) | 34 | 254 | 24 | Phoenix | AZ |
73 | 13.04% | University of Utah (Quinney) | 12 | 92 | 45 | Salt Lake City | UT |
74 | 12.68% | Wayne State University | 18 | 142 | 83 | Detroit | MI |
75 | 12.66% | St. Louis University | 20 | 158 | 90 | St. Louis | MO |
76 | 12.50% | Northeastern University | 25 | 200 | 67 | Boston | MA |
76 | 12.50% | University of San Diego | 30 | 240 | 83 | San Diego | CA |
78 | 12.21% | LSU — Baton Rouge (Hebert) | 21 | 172 | 96 | Baton Rouge | LA |
79 | 12.12% | Cleveland State University | 12 | 99 | 102 | Cleveland | OH |
80 | 11.96% | Santa Clara University | 25 | 209 | 107 | Santa Clara | CA |
81 | 11.70% | University of Cincinnati | 11 | 94 | 83 | Cincinnati | OH |
82 | 11.59% | Pepperdine University | 16 | 138 | 47 | Malibu | CA |
83 | 11.54% | Texas A&M University | 15 | 130 | 60 | Fort Worth | TX |
84 | 11.48% | University of Missouri—Kansas City | 14 | 122 | 133 | Kansas City | MO |
85 | 11.43% | West Virginia University | 12 | 105 | 111 | Morgantown | WV |
86 | 11.36% | Duquesne University | 15 | 132 | 129 | Pittsburgh | PA |
87 | 11.22% | Suffolk University | 34 | 303 | 136 | Boston | MA |
88 | 10.81% | University of Kentucky | 12 | 111 | 70 | Lexington | KY |
89 | 10.69% | Drexel University | 14 | 131 | 93 | Philadelphia | PA |
90 | 10.63% | New York Law School | 34 | 320 | 129 | New York | NY |
91 | 10.42% | Hofstra University (Deane) | 25 | 240 | 102 | Hempstead | NY |
92 | 10.40% | University of Louisville (Brandeis) | 13 | 125 | 99 | Louisville | KY |
93 | 10.31% | Catholic University of America | 10 | 97 | 111 | Washington | DC |
94 | 10.00% | Albany Law School | 14 | 140 | 118 | Albany | NY |
95 | 9.77% | Syracuse University | 17 | 174 | 111 | Syracuse | NY |
96 | 9.48% | DePaul University | 22 | 232 | 118 | Chicago | IL |
97 | 9.47% | Nova Southeastern University–Shepard Broad College of Law | 18 | 190 | 151 | Fort Lauderdale | FL |
97 | 9.47% | University of Detroit Mercy School of Law | 18 | 190 | 151 | Detroit | MI |
99 | 9.45% | Florida International University | 12 | 127 | 90 | Miami | FL |
100 | 9.38% | Florida Coastal School of Law | 6 | 64 | 151 | Jacksonville | FL |
101 | 9.34% | Seattle University | 17 | 182 | 129 | Seattle | WA |
102 | 9.02% | Stetson University | 23 | 255 | 105 | Gulfport | FL |
103 | 9.02% | Pennsylvania State University Park | 11 | 122 | 60 | University Park | PA |
104 | 8.57% | University of Connecticut | 12 | 140 | 50 | Hartford | CT |
105 | 8.51% | University of Arizona (Rogers) | 8 | 94 | 47 | Tucson | AZ |
106 | 7.96% | University of South Carolina | 16 | 201 | 96 | Columbia | SC |
107 | 7.92% | Rutgers—Newark | 29 | 366 | 76 | Newark | NJ |
108 | 7.69% | Georgia State University | 15 | 195 | 76 | Atlanta | GA |
109 | 7.46% | University of Wyoming | 5 | 67 | 133 | Laramie | WY |
110 | 7.25% | University of Montana | 5 | 69 | 122 | Missoula | MT |
111 | 7.14% | Samford University (Cumberland) | 10 | 140 | 151 | Birmingham | AL |
111 | 7.14% | University of New Hampshire | 5 | 70 | 88 | Concord | NH |
113 | 6.82% | University of Memphis (Humphreys) | 6 | 88 | 141 | Memphis | TN |
114 | 6.78% | Indiana University—Indianapolis (McKinney) | 16 | 236 | 122 | Indianapolis | IN |
115 | 6.56% | University of Nebraska—Lincoln | 8 | 122 | 76 | Lincoln | NE |
116 | 6.49% | Regent University School of Law | 5 | 77 | 151 | Virginia Beach | VA |
117 | 6.47% | Lewis & Clark College (Northwestern) | 11 | 170 | 93 | Portland | OR |
118 | 6.45% | University of San Francisco | 8 | 124 | 151 | San Francisco | CA |
119 | 6.42% | Capital University Law School | 7 | 109 | 151 | Columbus | OH |
120 | 6.32% | Drake University | 6 | 95 | 105 | Des Moines | IA |
121 | 6.30% | Texas Tech University | 8 | 127 | 111 | Lubbock | TX |
122 | 6.25% | Michigan State University | 15 | 240 | 93 | East Lansing | MI |
123 | 5.93% | John Marshall Law School | 14 | 236 | 140 | Chicago | IL |
124 | 5.92% | South Texas College of Law | 17 | 287 | 151 | Houston | TX |
125 | 5.91% | University of Denver (Sturm) | 13 | 220 | 74 | Denver | CO |
126 | 5.33% | Loyola University New Orleans | 9 | 169 | 126 | New Orleans | LA |
127 | 5.26% | Ave Maria School of Law | 4 | 76 | 151 | Naples | FL |
127 | 5.26% | Texas Southern University–Thurgood Marshall | 11 | 209 | 151 | Houston | TX |
129 | 5.00% | Mercer University (George) | 6 | 120 | 126 | Macon | GA |
130 | 4.85% | Florida A&M University College of Law | 8 | 165 | 151 | Orlando | FL |
131 | 4.84% | University of Nevada—Las Vegas | 6 | 124 | 62 | Las Vegas | NV |
132 | 4.79% | SUNY Buffalo Law School | 7 | 146 | 99 | Buffalo | NY |
133 | 4.65% | Marquette University | 8 | 172 | 102 | Milwaukee | WI |
134 | 4.48% | University of North Dakota | 3 | 67 | 151 | Grand Forks | ND |
135 | 4.42% | Pace University | 8 | 181 | 136 | White Plains | NY |
136 | 4.35% | University of St. Thomas | 6 | 138 | 118 | Minneapolis | MN |
137 | 4.11% | Penn State Dickinson | 3 | 73 | 62 | Carlisle | PA |
138 | 4.03% | University of Oklahoma | 6 | 149 | 76 | Norman | OK |
139 | 4.00% | Belmont University College of Law | 4 | 100 | 151 | Nashville | TN |
140 | 3.95% | University of Akron | 6 | 152 | 141 | Akron | OH |
141 | 3.92% | New England Law— Boston | 6 | 153 | 151 | Boston | MA |
141 | 3.92% | University of South Dakota | 2 | 51 | 141 | Vermillion | SD |
143 | 3.86% | California Western School of Law | 8 | 207 | 151 | San Diego | CA |
144 | 3.85% | Gonzaga University | 4 | 104 | 118 | Spokane | WA |
144 | 3.85% | University of the District of Columbia | 3 | 78 | 151 | Washington | DC |
146 | 3.83% | Barry University | 7 | 183 | 151 | Orlando | FL |
147 | 3.57% | St. Mary’s University | 8 | 224 | 151 | San Antonio | TX |
148 | 3.39% | University of Massachusetts–Dartmouth | 2 | 59 | 151 | North Dartmouth | MA |
149 | 3.33% | Southern University Law Center | 5 | 150 | 151 | Baton Rouge | LA |
150 | 3.23% | University of Toledo | 3 | 93 | 136 | Toledo | OH |
151 | 3.08% | University of Oregon | 4 | 130 | 88 | Eugene | OR |
152 | 3.06% | Washburn University | 3 | 98 | 107 | Topeka | KS |
153 | 3.05% | University of Baltimore | 5 | 164 | 126 | Baltimore | MD |
154 | 2.86% | Southwestern Law School | 6 | 210 | 151 | Los Angeles | CA |
155 | 2.65% | University of Arkansas—Little Rock (Bowen) | 3 | 113 | 151 | Little Rock | AR |
156 | 2.63% | University of Maine | 2 | 76 | 122 | Portland | ME |
157 | 2.59% | Northern Kentucky University | 3 | 116 | 151 | Highland Heights | KY |
158 | 2.34% | Quinnipiac University | 3 | 128 | 122 | Hamden | CT |
159 | 2.10% | Vermont Law School | 3 | 143 | 141 | South Royalton | VT |
160 | 2.09% | Mitchell Hamline | 7 | 335 | 141 | St. Paul | MN |
161 | 2.08% | Creighton University | 2 | 96 | 133 | Omaha | NE |
162 | 2.02% | Widener University Commonwealth | 2 | 99 | 151 | Harrisburg | PA |
163 | 2.00% | Ohio Northern University (Pettit) | 1 | 50 | 151 | Ada | OH |
164 | 1.94% | Chapman University (Fowler) | 3 | 155 | 111 | Orange | CA |
165 | 1.80% | Mississippi College School of Law | 2 | 111 | 151 | Jackson | MS |
166 | 1.69% | North Carolina Central University School of Law | 2 | 118 | 151 | Durham | NC |
167 | 1.65% | University of New Mexico | 2 | 121 | 99 | Albuquerque | NM |
168 | 1.61% | Golden Gate University School of Law | 2 | 124 | 151 | San Francisco | CA |
169 | 1.55% | University of the Pacific (McGeorge) | 2 | 129 | 151 | Sacramento | CA |
170 | 1.49% | Touro College–Jacob D. Fuchsberg Law Center | 2 | 134 | 151 | Central Islip | NY |
171 | 1.43% | Campbell University | 2 | 140 | 151 | Raleigh | NC |
171 | 1.43% | University of Dayton | 1 | 70 | 141 | Dayton | OH |
173 | 1.30% | Widener University Delaware | 2 | 154 | 151 | Wilmington | DE |
174 | 1.25% | Northern Illinois University College of Law | 1 | 80 | 151 | DeKalb | IL |
175 | 1.23% | Lincoln Memorial University | 1 | 81 | 151 | Knoxville | TN |
176 | 1.09% | University of Tulsa | 1 | 92 | 111 | Tulsa | OK |
177 | 1.02% | University of Idaho | 1 | 98 | 136 | Moscow | ID |
178 | 0.99% | Southern Illinois University Carbondale | 1 | 101 | 151 | Carbondale | IL |
179 | 0.93% | Elon University School of Law | 1 | 108 | 151 | Greensboro | NC |
179 | 0.93% | Willamette University (Collins) | 1 | 108 | 141 | Salem | OR |
181 | 0.84% | Atlanta’s John Marshall Law School | 1 | 119 | 151 | Atlanta | GA |
182 | 0.80% | Oklahoma City University | 1 | 125 | 151 | Oklahoma City | OK |
183 | 0.75% | Pontifical Catholic University of Puerto Rico, School of Law | 1 | 134 | 151 | Ponce | PR |
184 | 0.68% | CUNY | 1 | 147 | 107 | Long Island City | NY |
185 | 0.56% | University of Puerto Rico | 1 | 177 | 151 | San Juan | PR |
186 | 0.00% | Appalachian School of Law | 0 | 52 | 151 | Grundy | VA |
186 | 0.00% | Charleston School of Law | 0 | 217 | 151 | Charleston | SC |
186 | 0.00% | Faulkner University | 0 | 52 | 151 | Montgomery | AL |
186 | 0.00% | Inter American University School of Law | 0 | 183 | 151 | San Juan | PR |
186 | 0.00% | Liberty University School of Law | 0 | 57 | 151 | Lynchburg | VA |
186 | 0.00% | Roger Williams University School of Law | 0 | 142 | 151 | Bristol | RI |
186 | 0.00% | University of Hawaii—Manoa (Richardson) | 0 | 94 | 96 | Honolulu | HI |
186 | 0.00% | Western Michigan University (Cooley) | 0 | 317 | 151 | Lansing | MI |
186 | 0.00% | Western New England University | 0 | 88 | 151 | Springfield | MA |
186 | 0.00% | Western State College of Law at Argosy | 0 | 87 | 151 | Irvine | CA |
My alma mater, UChicago, tops the chart at #1 with an impressive 88% of the class of 2020 working in BigLaw.
The drop-off is pretty sharp as we make our way down the rankings, however. Only 18 law schools send at least half of their class into BigLaw jobs, and fewer than 40 schools send more than 25% of their class into BigLaw jobs.
1 Comment
This list is actually quite accurate. I know a lot of people who went to these schools and ended up at big law for a while.