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What is the Starting Salary at Stanford Law School?

Published in Law School Salaries 2 mins read

The median starting salary for graduates of Stanford Law School with little or no experience is $147,000.

Understanding Starting Salaries for Law Graduates

Starting salaries in the legal field refer to the compensation earned by recent graduates entering the workforce, typically with limited prior professional experience. These figures often represent a median salary, which is the midpoint of all reported salaries, meaning half of the graduates earn more and half earn less. This median provides a robust indicator of typical earnings for new entrants from a particular institution.

Factors influencing a starting salary can include:

  • Type of employer: Large law firms generally offer higher salaries than public interest organizations or government roles.
  • Geographic location: Salaries can vary significantly by city or region due to differences in cost of living and market demand.
  • Specific practice area: Certain legal specialties may command higher compensation.

Stanford Law School's Median Starting Salary

Stanford Law School stands out for the earning potential of its graduates. For those just beginning their careers, the median salary is substantial. As legal professionals gain experience, their earning potential typically increases. For instance, Stanford Law graduates reach an average mid-career salary of $202,000.

Comparison with Other Top Law Schools

Graduates from other highly-ranked law schools also command impressive starting salaries, though Stanford often leads the pack in median earnings for new professionals. The following table highlights the median starting salaries for recent graduates from several top-tier law schools:

Law School Median Starting Salary (Recent Grads) Mid-Career Average Salary
Stanford Law School $147,000 $202,000
University of Chicago Law School $132,000 Not specified in reference
Harvard Law School $130,000 Not specified in reference

Note: The median starting salaries are for graduates with little or no experience, and the data for mid-career salaries is specific to Stanford Law School in the provided reference.

Key Takeaways

  • Stanford Law School graduates demonstrate strong earning potential right out of the gate, with a high median starting salary.
  • The legal job market for graduates of top-tier law schools is competitive, with significant compensation opportunities.
  • Salaries tend to increase substantially as legal professionals gain experience, as illustrated by the mid-career earnings for Stanford alumni.

For more information on legal salaries and top-earning law schools, you can refer to insights from reputable financial and educational publications like Forbes.