Partner compensation at elite lit boutiques? Forum
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Partner compensation at elite lit boutiques?
I originally limited this question to a single firm, but I hope to expand that conversation here. Elite lit boutiques often recruit associates by promising a better chance at making partner. But how does partnership at these boutiques actually stack up to partnership at a large Vault-ranked firm? Do any posters have information, data points, or anecdotes about partner compensation, especially junior partner compensation, at the elite lit boutiques (Susman Godfrey, Kellogg Hansen, Bartlit Beck, Keker Van Nest, Wilkinson Stekloff, MoloLamken, etc.)?
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- Posts: 432506
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Re: Partner compensation at elite lit boutiques?
Associate at one of named places -- it's highly variable, with some partners making comparable to major biglaw practices and some partners making the same as senior associates each year, with even more high variance (between people and over time) at places with a non-negligible plaintiff-side practice. Depends a lot on the business you bring in. I don't think any lit boutiques are lockstep. Average PPP won't tell you much about what you'd make because of the wild variance, but usually, PPP is in the 1mil-2mil range (which implies junior partners making quite a bit less than 1mil most years)