Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Big law - salaries "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are in a V100 firm and bring in between $3-4 million a year how much would you expect to be paid? [/quote] DH has been with a V20 firm for five years since graduating from Stanford with a J.D. / Ph.D. combo. Started as an associate based in San Francisco making $250K base + $50K bonus, billing about 2000 hours per year. By year 3, DH was offered a non-equity partnership position making about $475K base + $190K bonus but with billing down to about 1500 hours on much higher profile clients. At year 5, DH is now an equity partner with a substantial book of business and has relocated with his firm to D.C. The buy-in to equity, relocation expenses, and country club skip-the-line membership to Congressional was waived as part of his prior year bonus and we’re now looking at an anticipated total compensation of about $1.8M in 2025. His billable hours are down to about 1200 this year, but he’s also bringing in nearly $9M, mostly IP law representation for high-end corporate clients in AI and tech. Hope this helps, OP![/quote] It does not help. We know you are lying because of the reference to the Congressional membership. No biglaw firm has that kind of pull. And "buy in equity" is an odd phrase. That can't be waived. It is a partnership and you have to have put in the right amount of capital or it screws up the taxes for all of the partners. Now could a bonus cover capital? It could but really doubtful the bonus would have been high enough. Also 1200 hours can't be done anywhere. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics