I agree with the other two, but 300k is an exceptional pay package unless you're talking about VP level positions or very specific company
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salary schedules wrt experience, which tend to be fixed even for Nth year associates. Then look at their attrition (high due to up-or-out)
then compare to the percentage of people who land jobs at software companies that pay competitively (Google, FB, Amazon, etc.) and...
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...compare attrition rates, keeping in mind that people who lose the up-or-out system at law firms typically move to less lucrative roles...
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...whereas a lot of attrition in engineering roles is people moving into more lucrative roles.
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For reference, here's the salary schedule and bonus schedule for Cravath from last year: https://danluu.com/bimodal-compensation/ …pic.twitter.com/Ahh8xYB1hE
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It looks like you'd need 4 years at a place like Cravath, Skadden, etc., to hit $300k/yr. It's hard to get precise numbers for tech, but...
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I believe people have much better odds of getting or landing a $300k job at Google/FB/Amazon than surviving 4 years at Cravath/Skadden/etc
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