Saw a few posts about the article that said lawyer pay has surpassed banking pay. It was mostly NYC centric. I was wondering what the situation is like in Toronto with our abysmal comp.
| +137 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 37 | 1d |
| +59 | PWP acquisition by Piper cancelled | 22 | 2m |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 6h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 3h |
| +18 | Normal for lateral process to go +2 months? | 4 | 1d |
| +17 | Lack of talent in IB! | 19 | 2m |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 13h |
| +15 | How standard is weekend work in IBD? | 6 | 2d |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Toronto is a socialist country so don't fret, finance is still on top for corporate job salaries. Someone should update me, but 2-3 years ago, 1st year law salary was like $100-140k all-in if I recall correctly.
lol to whichever salty law student gave me monkey crap, see for yourself below
https://www.zsa.ca/salary-guide/
https://www.theglobeandmail.com/business/article-canadas-top-law-firms-…
lol following
Unless you make partner you are far better off in banking then law when you account for the 3 years and ~100k in tuition for law school. Being partner allows you to incorporate and has huge tax incentives which changes the comp comparison completely. Yes you can own your own boutique in IB but the path to partnership is much less structured then it is in law.
Soluta nisi aut nemo. Non veniam qui recusandae perspiciatis veniam delectus. Aut est temporibus ipsa non corrupti fuga. Minus assumenda velit non quo quasi. Alias explicabo nostrum ex sunt.
Est quas porro nostrum perferendis sapiente ipsum sed. Quo non eligendi debitis et nisi libero itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...