Here’s interesting information about the personal finances of Judge Sonia Sotomayor (2d Cir.), nominated last month to the U.S. Supreme Court. A tipster directed our attention to this post from the NYT’s Caucus blog, observing: “You can’t spend most of your professional life as a judge and get rich. Maybe Biglaw is the way to go.”
This excerpt hits the highlights:
[Judge Sotomayor] disclosed few assets other than her home in New York. After 17 years on the federal bench, Judge Sotomayor reported having just $31,985 in cash and no stocks, bonds or securities. She has a $381,775 mortgage on her home, valued at $1 million, and owes $15,000 in dentist bills and another $15,000 in credit card bills.
Fifteen grand in dentist’s bills? Well, she does have a nice smile.
In defense of Judge Sotomayor’s financial state, she’s a single woman, no kids, with a six-figure income ($179,500), high job security, and generous retirement benefits. For competing assessments of Her Honor’s finances, see TaxProf Blog.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
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