LEGAL SALARY DATAPOINTS

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Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Sat Dec 10, 2016 3:07 pm

Anonymous User wrote:a) registered investment advisor
b) 3-4 years out of law school
c) secondary market
d) 120k + merit/performance based bonus (20k in 2016); firm covered health/dental/vision insurance; 401k matching; eventual equity and annual raises



What was your path to this job? which law school and did you start as a lawyer and then move? How do you like it?

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barkschool
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Re: LEGAL SALARY DATAPOINTS

Postby barkschool » Sat Dec 10, 2016 3:28 pm

Anonymous User wrote: eventual equity


oh baby

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Thu Dec 15, 2016 12:30 am

First year out of school
Small to mid-size market, small firm
Patent attorney
$80,000 plus benefits (healthcare, vision, dental, life, 401K matching)
Bonuses are discretionary, partner track also discretionary (there's no firm path)

Anonymous User
Posts: 275503
Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Thu Dec 15, 2016 7:08 pm

Anonymous User wrote:First year out of school
Small to mid-size market, small firm
Patent attorney
$80,000 plus benefits (healthcare, vision, dental, life, 401K matching)
Bonuses are discretionary, partner track also discretionary (there's no firm path)



Similar here.

1st year IP attorney (patent emphasis).
Small market in the South, decent size firm (small IP practice group though).
85k and benefits.
Bonus if meet hour min. (1700) and size of bonus depends on collections, hours worked, firm development, etc.

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Thu Dec 15, 2016 7:08 pm

EDIT: ugh, double posted because I'm a n00b

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Fri Dec 16, 2016 11:50 am

-Year out of law school

-Salary: $66,000, rises to ~$120,000 after 4 years

-BigFed (non-DOJ)

-Metropolitan area on east coast

-Gov't bennies (health insurance, IRA contribution, pension, travel paid, telework after two years)
Last edited by Anonymous User on Fri Dec 16, 2016 11:54 am, edited 3 times in total.

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Fri Dec 16, 2016 11:51 am

EDIT: double post from anon-above.

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ur_hero
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Re: LEGAL SALARY DATAPOINTS

Postby ur_hero » Fri Dec 16, 2016 8:46 pm

First year out (no 2L SA)
SF-Bay Area, Big Law
Corporate/M&A
$175k plus bonus.
2000+ Hours

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Mon Dec 19, 2016 12:41 pm

Anonymous User wrote:
Anonymous User wrote:a) registered investment advisor
b) 3-4 years out of law school
c) secondary market
d) 120k + merit/performance based bonus (20k in 2016); firm covered health/dental/vision insurance; 401k matching; eventual equity and annual raises



What was your path to this job? which law school and did you start as a lawyer and then move? How do you like it?

I'm a lawyer at the RIA. I went to a regional T1 in a major market and found the job on one of the major in-house job postings sites. I will never really enjoy or be passionate about transactional work, so in that regards it's "fine."

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Thu Dec 29, 2016 4:05 pm

Does anybody know if there's a thread similar to this but regarding hourly rates billed instead of income/etc.

I don't guess it necessarily matters, but would be interesting to see billable rates for different practice areas depending on experience level and market.

Anonymous User
Posts: 275503
Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Sun Jan 01, 2017 10:10 pm

a) ADA
b) started upon 2016 bar passage, graduated May 2016
c) Georgia (suburban ATL)
d) 62k, full benefits (dental/vision/retirement/medical)

8/830-5 every day, never working on weekends, chill office, I'm a 25 yr old with no law school loans or kids, so its not a bad living for me and my dog, esp since cost of living here isn't too bad comparatively to the rest of the country

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Wed Jan 11, 2017 7:56 pm

1) state government agency
2) 3rd year (c/o 2011)
3) rust belt city
4) $85k with great benefits

No stress 9-5 environment with lots of interesting work. I consider myself lucky.

Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Wed Jan 11, 2017 8:09 pm

Anonymous User wrote:Does anybody know if there's a thread similar to this but regarding hourly rates billed instead of income/etc.

I don't guess it necessarily matters, but would be interesting to see billable rates for different practice areas depending on experience level and market.


Third year in a tertiary market making above 160 (and well under 180, let alone 210), billable rates vary widely here (even within individual firms)... "big" law seems to go anywhere from $200s-700s/hour generally in this market, but its not a ladder, really more dependent on practice area than class year... with the vast majority billing at rates below and earning less money than a major market senior associate.

Anonymous User
Posts: 275503
Joined: Tue Aug 11, 2009 9:32 am

Re: LEGAL SALARY DATAPOINTS

Postby Anonymous User » Wed Jan 11, 2017 10:04 pm

Anonymous User wrote:Does anybody know if there's a thread similar to this but regarding hourly rates billed instead of income/etc.

I don't guess it necessarily matters, but would be interesting to see billable rates for different practice areas depending on experience level and market.



3rd year, very niche practice area / small firm, in a large market (but not NY), with clients all over the country. I made just shy of $200,000 in 2016 (with amazing benefits), and my hourly rate was $290, but has gone up to $320 for 2017.




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