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Concerneddad is correct that firms will generally pay all hires the same amount.
The problem is that the top firms will usually get most of their grads from the top 10-15 law schools.
To the extent they go outside this group, it is usually only from a small handful of strong local problems, and they go signficantly less deep into those pools. Generally, you'll need to be in the top 10%-15% at a top-tier program, and outside of the top 100 or so programs, you'll have a very difficult time getting into those firm jobs at all. So there is a tiered system in that sense.
The original post is very valid, that most grads will start out making much less than the 100K numbers you hear about. $40,000 is much more realistic, and many grads will not even get that. I know bright law grads that were making 30K out of school.
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