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<p>Is that just a word for first year of full time work out of Law school? </p>
<p>Based on what I’ve heard from D1, Palantir is supposed to be a great company to work for–interesting projects, yada yada. The money is almost icing on the cake. It’s a tough internship to land, though.</p>
<p>Does anyone know what Palantir starts at for full time developers? I’ve never been able to find out. Purely just a curiosity. </p>
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<p>Plastics. I have to think of that when I see these discussions. :)</p>
<p>The fact may be that the “money” is in programming, but if so, as always, it depends on programming what and for whom. </p>
<p>@ Oldfort
Last time I looked, IBs are still paying 80-85K annualized salary to their summer interns</p>
<p>Yup- that is what my d1 is getting paid this summer at JP Morgan, plus a stipend for housing and her flight to and from NY. </p>
<p>@alwaysamom
My future DIL is a 2nd year law student and this summer she will be making $3,100 a week working at a large law firm. No horrible hours and they will “wine and dine” these students who they hope will accept offers of full-time employment following graduation.</p>
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<p>Wow, and here I was thinking I was making good money. Good for her. </p>
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<p>No, these are summer positions for law students.</p>
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<p>No, the horrible hours come later. For years and years! </p>
<p>S1 had two summers of a fabulous internship and two summers of research. Was able to pay a good chunk of his college expenses and have a nest egg after he graduated. I can only hope S2 will be able to find something that pays half of that.</p>
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<p>This is pretty amazing to me. What does someone who makes an annualized salary of 182K during a summer internship make after graduating? Generally in engineering starting full time wages tend to be about 50% higher than internship wages, but I can’t believe that would be the case here. </p>
<p>Goldenpooch, Your son earned his tuition. Kathleen, that is great he got a job at Intel while in HS. That gives him a boost for future employment. </p>
<p>While the list is not complete, it does give one a way to measure earnings. I’d still encourage my child to to the best place for him, not just for the money. (Oh dear, that sounds like another familiar thread.)</p>
<p>I am now huddled in a corner of my office, crying … I have an incredibly difficult, high stress job … I am in charge of pretty much everything … and I don’t earn $35/hour (or even close). Sigh.</p>
<p>Kelsmom, your work out here is priceless… don’t know if that makes you feel better, but I seriously think you are our MVP!</p>
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<p>First year associate salaries for these individuals will be roughly the same as they earned during the 2L summer. Large firms pay these ridiculous salaries because they are expecting to keep these students once they’re able to actually practice and work very long hours for several years. Only about one in ten will ever make partner at the large NY firms. </p>
<p>Keep in mind that only a small percentage of law students ever get jobs like this. It was posted recently in the law forum that 50% of law grads in the U.S. do not find a job in law. </p>
<p>kelsmom, you must be an academic. My kid is taking up an academic internship this summer. Her pay is less than half of those listed in the article.</p>
<p>Yes, remember those “attorneys” who graduated from law school who are looking over documents in a cubicle while the other folks in the law firm partied and the underclass attorneys had the nerve to crash the party? Such attorneys DO exist and are MUCH more common than these “lottery winning” type attorneys with their Trump-esque salaries. Government attorneys in our state (which are the common jobs if you are VERY lucky) make under 6 figures in our state and we have a very high cost of living. Interns may much less. </p>
<p>You are expected to work crazy long hours if you work for a law firm, to justify your lofty salary and help pay the overhead of the posh offices for the firm. Don’t know so much about IB or software, but one guy we knew from LucasArts said the pressure was awful and for the crazy number of hours, the pay wasn’t worth it. Maybe these folks are on a different payscale than he was, but he had a hard time buying a decent car, much less having money to spend on a lovely ring.</p>
<p>100% of Stanford law students have a job upon graduation, and close to 100% of them have starting salary of 160K.</p>
<p>oldfort, that is amazing. een the lowest 10%?</p>
<p>I was told that the Dean would call in favors to make sure all graduates had a job. D1’s best friend is graduating from Stanford law this year.</p>
<p>S1 was making more money per hour than I ever did by the time he was 19. Sigh. OTOH, he is off the parental payroll!</p>