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[quote=Anonymous][quote=Anonymous]Back in the day, staff attorneys made $22 an hour. I'd be interested to know what these 20-30 hour a week staff attorney jobs make now. I doubt they make $120k. [/quote]

My firm bills out staff attorneys at ~$400-$500 an hour. I have no idea what their salaries are. Let’s assume they bill 1500 hours a year. Applying the 1/3 rule (1/3 overhead; 1/3 profits to firm; 1/3 salary) my guess would be a fair salary is $225k.[/quote]

I think you're delusional if you think the firm is going to share the same 1/3 with staff attorneys that they share with profit and non-profit partners.

We have some kind of e-diligence group in our firm, and they bill out in that same rate (300-500) and i know nothing about them except that the firm thinks they are a highly profitable cash cow. Meaning, the firm makes as much or more per hour off those attorneys than it makes per hour off your typical associate. If they're not making as much off these lawyers as first years, teh firm isn't going to put the effort into running this program.

If the firm is making $250/hour off a typical 1st year associate (billing at $750/hr), then the math has to work that they're making at least $250/hr on the staff attorneys. For the staff attorneys billing $400k, i'm sure the firm needs at least $100 for overhead (compared to $250 overhead for associates), leaving $50/hour for the attorney. At 1500 a year, that's $75k.  [/quote]

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