Anonymous wrote:
Anonymous wrote:First year partner at a large law firm. 315k base. Bonus probably in the $30k range.
That is really low, even for a first year non-equity partner in big law.
my firm is ranked (by vault) in the 50-60 range. we pay market to first years, but do not pay lockstep to associates.
i am technically an equity partner, but only 10% of my pay is equity. (in other words, my firm got rid of the nonequity tier, but essentially keep treating new partners as nonequity and make them contribute a capital contribution).
i jumped here from a "boutique" firm as a senior associate a couple years ago. until i made the move, i assumed all biglaw firms paid lockstep and that a partner at any biglaw firm would be in the mid-300s at the very least.
either way, it's plenty of money so i'm good with it.