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Originally Posted by Schneed10
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No question. NYC and DC are the lawyer capitals of the country. NYC tends to set prices for the rest of the country, in terms of when salaries increase. Salaries have skyrocketed lately. 10 years ago, starting salary was around $85k in DC.
So, it's possible that my world-view is skewed when it comes to this. About half the people I know fall into the mid-30s, 2 kids, household income over $250k (lawyers, IT, investment banking) category. All of them can afford the increase, but only a few would I categorize as affluent, and none would I describe as "rich" or "wealthy".