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I made equity partner in Biglaw in DC in the the mid 2000s. I was 8.5 years out of law school when I made equity. At the time, we were a single tier partner firm -- no non equity partners.
My first year pay was $450k. My third year pay was $650k. Adjusted for inflation, I'm seeing that those numbers today would be in the mid 700k range for Year One and just over $1 million for Year Three. I'm just curious how similarly situated partners would be paid today? Anyone care to share? |
It is all based on the firm and type of firm you are at. First year partner can be 450k to 3 million depending on firm. |
No firm pays a first year partner only eight years out of law school $3 million. None. |