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Reply to "How much do big law partners make?"
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[quote=Anonymous][quote=Anonymous]Third year EP at an AmLaw 50 firm with a single-tier partnership. Service partner w no real book. 680k draw this year due to down profits, 732k draw last year. Our lowest end (firmwide, not just DC) is 560k and top are make 4-5M, but as other posters indicated, most partners stay floating between a 1-2M draw their whole careers, with big bonuses when they bring in a big client or big $.[/quote] This is extremely typical. And the hot lateral market and firm consolidation in recent years hasn't impacted it much (at least not in AmLaw 100 firms -- consolidation has had a much bigger impact on the 100-200 firms). There is a certain amount of client money floating around and this is about how it gets allocated. Most partners are also working 50+ hour weeks. Depending on practice, could be a lot of travel, too. IME, most partners really earn their income -- there are no windfalls.[/quote]
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