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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a 3rd year equity partner at a top firm.  I made $1.6 mill last year.[/quote]

Can't be a DC based firm  Right?  They're not paying that to third year partners.[/quote]

It's not DC based.  But has a large DC office.[/quote]

Maybe Latham, Kirkland, Skadden, or Quinn.[/quote]

I posted earlier and said that people were undershooting this -- this number sounds in the right ballpark to me and is right for the firms the Quoted poster mentioned -- as well as some others like Cleary, Simpson, Gibson, etc who have DC offices.

I appreciate what some others said about how sometimes the salary progression is not what people might imagine -- I do think that's true for some firms.   But the very top firms really are operating in a different sphere and are compensating junior equity partners very well and much more than 700k.   That's not true of the DC based firms like Covington, A&P, Akin Gump, etc  but they don't pay top of the market.  It's as simple as that.  
[/quote]

All true, except there's a bit of an apples/oranges comparison goin on.  Most of these firms either have two-tiered partnerships where partners start as non-equity or they promote far fewer partners to equity than the DC firms.  Kirkland, for example, has at least twice as many non-equity partners as equity.  I have a hunch that the "third year equity partner" here, who posted that s/he made $1.6 milion, has been out of law school several years longer than a typical third year equity partner at a DC-based firm.[/quote]

PP equity partner here. I graduated in 2004.[/quote]

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