Midlaw and small law salaries
Posted: Wed Feb 10, 2010 7:28 am
I know that most midlaw and small law salaries start off at 40-60k, but with time, do these lawyers get higher salaries?
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I personally know for some firms the $ is not right, its old or just completely off base (Ohio markets)vtoodler wrote:edgarderby, is infirmation a unbiased source?
The chart is ancient (the salary for the firms in MS is $30,000 below what it is now for entry level associates).edgarderby wrote:http://www.infirmation.com/shared/insider/payscale.tcl
Unbiased perhaps, but it hasn't been updated in ages. I see several firms that say 80k when I know for a fact they now pay 110k-125k.vtoodler wrote:edgarderby, is infirmation a unbiased source?
Cole S. Law wrote:There are quite a few firms around here that start associates at 75-100K. The common mistaken assumption is that these "midlaw" firms offer a carefree, low-stress lifestyle. The only difference between the lifestyle at these firms and the V 100 is the pay. Most are offshoots from the big boys and therefore expect the same from their underlings.
Small law is just as bad. Down on their luck winos who tripped at Wal Mart are notoriously difficult to meet with during regular business hours.
Are these friends in large metropolitan areas? What kind of grades did they have? I only ask because making <$45k 3 years out of law school just seems completely unreal. I was making $52k as a legal assistant at a small-mid law firm prior to starting LS (which is a TTT), and I would pretty upset to rejoin the workforce making less than I did before I went $200k in debt.reasonable_man wrote: However, as an aside, I do have friends that graduated from my TTT with me and have been out working since Summer 2008 and are STILL making less than 45k in small private practices.
these guys posted in feb 2010, so you probably won't get a responseAnonymous User wrote:Are these friends in large metropolitan areas? What kind of grades did they have? I only ask because making <$45k 3 years out of law school just seems completely unreal. I was making $52k as a legal assistant at a small-mid law firm prior to starting LS (which is a TTT), and I would pretty upset to rejoin the workforce making less than I did before I went $200k in debt.reasonable_man wrote: However, as an aside, I do have friends that graduated from my TTT with me and have been out working since Summer 2008 and are STILL making less than 45k in small private practices.
You worked in the field and find it hard to believe this? There are T1 grads earning NOTHING as they sit unemployed right now... Why would it shock you to learn that firms are also low balling employees because they can?? 45k is the low end, but it happens. These are typically Low T1,TT and TTT grads median and up.Anonymous User wrote:Are these friends in large metropolitan areas? What kind of grades did they have? I only ask because making <$45k 3 years out of law school just seems completely unreal. I was making $52k as a legal assistant at a small-mid law firm prior to starting LS (which is a TTT), and I would pretty upset to rejoin the workforce making less than I did before I went $200k in debt.reasonable_man wrote: However, as an aside, I do have friends that graduated from my TTT with me and have been out working since Summer 2008 and are STILL making less than 45k in small private practices.
I suppose, I guess I thought firms either hired at a decent price (at least $65k) or just didn't hire at all. I know at my old firm they slowed down on the hiring, but those they did hire still started at about $75k.reasonable_man wrote:You worked in the field and find it hard to believe this? There are T1 grads earning NOTHING as they sit unemployed right now... Why would it shock you to learn that firms are also low balling employees because they can?? 45k is the low end, but it happens. These are typically Low T1,TT and TTT grads median and up.Anonymous User wrote:Are these friends in large metropolitan areas? What kind of grades did they have? I only ask because making <$45k 3 years out of law school just seems completely unreal. I was making $52k as a legal assistant at a small-mid law firm prior to starting LS (which is a TTT), and I would pretty upset to rejoin the workforce making less than I did before I went $200k in debt.reasonable_man wrote: However, as an aside, I do have friends that graduated from my TTT with me and have been out working since Summer 2008 and are STILL making less than 45k in small private practices.
link?BeautifulSW wrote:Take a look in this month's ABA Journal. I think that the figures for the El Paso area are pretty accurate. Don't know about other areas, though.
Just link usBeautifulSW wrote:Just surf over to http://www.americanbar.org and look under "publications" then "Journal" then "current issue".