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Reply to "How much do big law partners make?"
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[quote=Anonymous][quote=Anonymous]I find this all very interesting. My DH is a first year non-equity partner in a AmLaw 100 firm (lower 50) and he makes $460K base and then got a $125K bonus for an all in of $585K as his first year as a non-equity partner. So more than his last year as a senior associate/counsel but definitely low for a partner compared to some of the big AmLaw 100 firms. I think the rain maker in his group got a $7 million bonus last year but that is from winning a very large contingent case that year. I think the profits per partner in his firm are around $1.2 million (average obviously). Being a successful partner in a law firm just means you get more pie from the pie eating contest - it never ends. My DH billed around 2000 hours last year and all in was close to 3000 hours with non-billable/business development stuff. An average 40 hour work week person works 2080 hours. That means DH worked close to 900 more billable hours (which is not a 1:1 for hours actually worked) than a normal 9-5 employee. Basically he works all the time. [/quote] How old is your DH? Just trying to gage when - or at what age - someone gets to non-equity partner[/quote]
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