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Reply to "Biglaw - twelfth-year associate??"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What would someone like that make? $400K base + bonus?[/quote] 550 base and 450-500 bonus.[/quote] I find this hard to believe. Probably more like $415,000 base and bonus potential of no more than $150,000.[/quote] If I was a 8+ year associate I would definitely try to cap myself at around 600k total as that is about 1.8 mil revenue, pretty easy to generate at a top firm. To put that in context the GS pay scale tops out at 180k, SESs cap out at 220k working 50+ hours, DC corporate executives at the VP level will rarely make over 400k, surgeons make 500-700k, and financial regulators top out at 275k. If you are in a niche big law practice, 600k is great. [b]Take the rest of the time to build client base[/b] and lateral to junior partner or senior in-house role. DC biglaw employees are insanely rich by all local metrics.[/quote] If they had the ability to build a client base, they would be a partner not a 12th year associate [/quote]
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