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What do you make as a BigLaw partner?
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Anonymous
| Trying to figure out whether I am underpaid, and all my lawyer friends left BigLaw long ago... what is the salary range in DC for BigLaw income partners with no book of their own? TIA. |
Anonymous
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way too broad of a question, so the answers will be equally broad. You have zero of your own business? what is your billing rate? what are your working revenues? what is the profit per equity partner at your firm?
all that said, I've seen as low as $200K and as high as $550K. |
Anonymous
| more than that ... lol |
Anonymous
Not true, with no book you would have a hard time getting into a seven figure salary. |
Anonymous
| you'd get way more than $200k and probably more than $550K though. Try $750K. That's only up to 350% higher than the prior poster, so right, I am really off base here. |
Anonymous
| If your work solely lives off other partners and particularly if you're a junior or non equity partner I wouldnt be surprised to see less than 500k |
Anonymous
| 350-700 |
Anonymous
| $700-750 for an income level partner with no business?? I don't know if I'd want the job or would avoid a firm that makes such poor business decisions. At any rate, look to bill 2000++ hours year after year to make those numbers work. |
Anonymous
| Your question is way too broad. It depends on the firm, the practice area, years of experience, and years you have been an income partner. But answer your question DH makes about 410 as second year income partner. That includes bonus. |
Anonymous
| I agree with some pp, non-equity partners are not making nearly as much bank as people may think. (I mean yes, it's a lot and you better believe they are working hard for it), but it's not in the millions unless the firm is dumb or they have a very unusual arrangement. |
Anonymous
| depends on the firm but from what I've seen (across several firms) it's $250-500. |
Anonymous
|
When DH was a non-equity partner, the most he made in a year with bonus was $450K. He became an equity partner 3 years ago and has made 580K, 870K and 990K (his base draw was in the 400's but he received very generous end-of-year bonuses) the last 3 years - but the last 2 years the cases where he was the lead atty (he didn't originally bring in the clients, but he developed the business, if that makes sense) were very active.
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Anonymous
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Better question is how many of them can have dinner with their kids each night? help out with the kids, fold laundry, make dinner, do the dishes, kiss the kids good night?
Oh wait we have a lot of money so I can play around all day with my lover and be the good little wife. |
Anonymous
| Wow pp, didn't take long to go there. Everyone balances options and makes choices. |
Anonymous
I think this is right. It's a wide range. If you want data more tailored to your situation (firm, class year, specialty etc.), you may want to speak confidentially with a recruiter. They know the salary information across firms better than anyone because their job is to place laterals. If you need a name, I highly recommend Dan Binstock at Garrison & Sisson. Straight shooter, nice guy. He'll likely help you get the info you want without pressuring you to switch firms. |