How much do partners in regional biglaw make?
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Date: July 2nd, 2024 8:08 AM Author: Evolved position on genital mutilation of children
Shockingly little in many cases. Perhaps $500k
Of course, if that flyover state is Illinois or Texas, then they make as much as East or West coast biglaw.
(http://www.autoadmit.com/thread.php?thread_id=5549004&forum_id=2#47800887) |
Date: July 2nd, 2024 8:26 AM
Author: ...,,..;...,,..,..,...,,,;..,
wtf is regional biglaw? the firms youre thinking about are mainly midlaw.
(http://www.autoadmit.com/thread.php?thread_id=5549004&forum_id=2#47800912) |
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Date: July 2nd, 2024 8:34 AM
Author: ...,,..;...,,..,..,...,,,;..,
impossible to generalize. if PPP is based on equity partners only and there's a bunch of non-equity partners who aren't counted, the PPP is going to be inflated. a firm like this could also have a handful of rainmakers who carry the firm and have very high draws, which bumps up the average PPP, even though the rank and file partners are making far less than the average
(http://www.autoadmit.com/thread.php?thread_id=5549004&forum_id=2#47800924) |
Date: July 2nd, 2024 8:35 AM Author: party at the party playin wit his nose now
i'm at what most would consider a midlaw firm (600-700 lawyers, full service, regional footprint) and i believe "income" partners make $300+. i'm in the bottom tier of equity and should make just under $500k this year depending on firm profits.
it's hard to generalize though. there are people here with $10 million books and "officially" they make like $1.5 or $2m in firm "share" payout, but they get these huge bonuses and are probably really making $3-4m/year.
(http://www.autoadmit.com/thread.php?thread_id=5549004&forum_id=2#47800927) |
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