Fair point.Very, very difficult with a niche practice focused on international companies. I would probably bring in 95% trash.
Fair point.Very, very difficult with a niche practice focused on international companies. I would probably bring in 95% trash.
like your momVery, very difficult with a niche practice focused on international companies. I would probably bring in 95% trash.
LoL project engineers are making that much in heavy civil right now.lowest paid associate is $125k right now
good for themLoL project engineers are making that much in heavy civil right now.
Is law just that over saturated with talent right now?good for them
No, @legal eagle is the simply the Simon Legree of Texas supervisory partners.Is law just that over saturated with talent right now?
This is one of your references that missed me.No, @legal eagle is the simply the Simon Legree of Texas supervisory partners.
This is one of your references that missed me.
It's not that. Large, international law firms (1000+ attorneys) start associate attorneys between $185k - $200k, depending on market, firm size, etc. They usually don't see raises for 2-4 years (it's "tiered") or the raises are very small early on. For example, my brother is a first-year associate attorney at a large international law firm. He practices out of their New York City office. His base salary is $202.5k. His firm has a "lock step" salary system. His annual raise next year will increase his salary by $2.5k to $205k. As a third-year, it will increase by $10k to $215k. The bigger jump is as a fourth-year associate, which sees an increase to $240k. "Smaller" national firms or prominent regional law firms with hundreds of lawyers (usually 350+) vary on market; most start their associates out between $140k and $175k. Salary increases are similar.Is law just that over saturated with talent right now?
He's not a dough boy is he?It's not that. Large, international law firms (1000+ attorneys) start associate attorneys between $185k - $200k, depending on market, firm size, etc. They usually don't see raises for 2-4 years (it's "tiered") or the raises are very small early on. For example, my brother is a first-year associate attorney at a large international law firm. He practices out of their New York City office. His base salary is $202.5k. His firm has a "lock step" salary system. His annual raise next year will increase his salary by $2.5k to $205k. As a third-year, it will increase by $10k to $215k. The bigger jump is as a fourth-year associate, which sees an increase to $240k. "Smaller" national firms or prominent regional law firms with hundreds of lawyers (usually 350+) vary on market; most start their associates out between $140k and $175k. Salary increases are similar.
From there, pay is all over the place. As big as some of these law firms are, they represent a small percentage of lawyers in private practice (I think it's around 10%); suffice to say, most lawyers starting out do not work at large law firms. To put that in perspective, here is a 2021 survey from a prominent legal staffing agency:
View attachment 178748
The 25th percentile for first-year salaries is $61k, with the 95th at $134k.
no he's just friedHe's not a dough boy is he?
hell yeah sonbills and working today
edit: 59 pages of bills
gotta pump them year end numbers up
I had a $55k day the other day, just three clients hitting at once. We get a daily report from accounting.there was a $12k check in saturdays mail, that's good
i'm only one here at office
my partner has one longstanding insurance carrier client. he only handles their product and professional liability lines, though, so the rates aren't complete trash. they pay quarterly and send 20 checks at once lolI had a $55k day the other day, just three clients hitting at once. We get a daily report from accounting.
But then our insurance guys are doing dozens of cases at once and the company might pay 20 cases in one day![]()
I have a litigation guy on a case; he's senior to me by like 12 years.my partner has one longstanding insurance carrier client. he only handles their product and professional liability lines, though, so the rates aren't complete trash. they pay quarterly and send 20 checks at once lol