Most lawyers come out of law school with a massive amount of student loan debt. I know my wife and I did.
So, when you get your year-end bonus – or you’ve got a good chunk of cash saved up from your salary – should you invest that money or pay down the principal on your law school loans?
First kudos to you for thinking of it that way. We’ve all heard the stories of lawyers who spent their bonus on a super-fancy vacation or car. Don’t be that guy.