For the attorneys: salary for counsel at BigLaw?

Anonymous
250 to 350 is my experience.
Anonymous
Anonymous wrote:

Bump on this topic -- so would asking for $350K for an attorney with specialized experience (let's say a particular regulatory field) and 10+ years of experience be too optimistic for going in as counsel, with a firm looking to expand in that area and needing someone with the expertise?

A former colleague of mine got $400K with 3 years less overall experience but she went to one of the highest paying firms so I am not sure her pay is typical.


Would that be $350K salary (not including bonus)? If that includes bonus, think about negotiating a guaranteed bonus for a period of years (2 or 3 if you can get it). If the "firm is looking to expand in that area" that sounds like the book of business might not be solid and your billable may need time to get to the level which would support that salary.

My general understanding is that a "counsel" has no more job security that a non-equity partner, but I could be wrong. I left big law long ago, now work in house. (And from this thread my inhouse job & salary is sounding better and better to me).











No book of business -- would be coming from a government agency. This would be a new area of service for existing clients of a large international firm, at least to start
Anonymous
Anonymous wrote:
Anonymous wrote:when I die I will ask for a lawer and a bank manager to be at my bedside
That way I will at least die like jesus
Inbetween 2 crooks




Hey at least we lawyers know how to spell, and it's not "lawer."


How do you know that the PP didn't intend to use the word "liar"??!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:when I die I will ask for a lawer and a bank manager to be at my bedside
That way I will at least die like jesus
Inbetween 2 crooks



Make sure you get a good lawyer like Jesus who can negotiate your resurrection in three days. That, my dear, is why we get the big bucks.


Funny!


Of course, he turned to a member of the tribe!
Anonymous
Slightly different question: If you are a government lawyer or wanting to make a change from in-house, who are the most knowledgable recruiters out there who can assess the lawyer's marketability as a counsel and may know the right fit at particular firms that re recruiting or expanding in a particular area.
Anonymous
I have a slightly different approach to the original question: Leaving business generation aside for the moment, what % of the billables a counsel generates him or herself should he or she expect to receive in salary? I think that is a way of making the question applicable across different firms and practice areas.
Anonymous
I am leaving govt agency for a counsel position in biglaw. Specialized area. Had a few offers all around 300.
Anonymous
Aaaaannnnddddd you are also the one who is posting about social climbing?!?!
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