The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Biglaw salary over time
Poast new message in this thread
Date: May 20th, 2025 4:00 PM Author: .,.,...,..,.,.,:,,:,...,:::..,.,:,.,.:.,:.,:.::,. 2007 to 2015: 160k
2016 to 2017: 180k
2018 to 2020: 190k
2021: 205k
2022 to 2023: 215k
2024 to 2025: 225k
|
 |
Date: May 20th, 2025 4:02 PM Author: Drunkard Pre-2007 $125k (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948225) |
|
Date: May 20th, 2025 4:02 PM Author: ,,,..,,.......,,.... CR (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948227) |
|
Date: May 20th, 2025 4:17 PM Author: Nazca Redlines NCR. It was $145 for a time. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948284) |
|
Date: May 20th, 2025 7:17 PM Author: ~~(> ' ' )> (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948793) |
|
Date: May 20th, 2025 4:57 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; 97-2005 was 125k, Irell and Quinn went to 135 in 2005, big salary war was 2007 that culminated in NY to 160. The crazy thing is the WSGR led jump to 125k in 97. Before that white shoe NYC firms were under 100k. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948399) |
|
Date: May 20th, 2025 5:18 PM Author: cowgod ( ) lol @ Gen X (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948464) |
|
Date: May 20th, 2025 5:23 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; *leans into mic*
While they eventually had to develop/attach to a large book in the 2010s, Gen Xers in biglaw got a much easier path to partnership and got to be wizards of efficiency as juniors and mid levels as long as they could operate basic word processing software. I worked at two v10s in the 00s and both were lousy with Gen Xers in their late 30s/early 40s who never would’ve been recruited as associates by the standards the firm had in the 00s, were generally at best mediocre lawyers, and who have carved out comfy little spots as protected service partners for big swinging dick boomers. They were about the only lawyers at the firms being paid in rough proportion to their market value and productivity. |
|
Date: May 20th, 2025 4:02 PM Author: ,,,..,,.......,,.... what's the takeaway? (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948226) |
|
Date: May 20th, 2025 5:37 PM Author: Pierbattista Pizzaballa https://imgur.com/a/Z7LqCQR (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948532) |
|
Date: May 20th, 2025 8:41 PM Author: Nazca Redlines 180 (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949192) |
Date: May 20th, 2025 4:03 PM Author: indian rage in its purest form ((zurich is stained)) poop on my penis
not flame |
|
Date: May 20th, 2025 4:10 PM Author: ;,;.;,.,;,.,;,;,.; (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948246) |
|
Date: May 20th, 2025 4:10 PM Author: ;,;.;,.,;,.,;,;,.; Now do V50, V25, V10 PPP and RPL over the same period and get ready to laugh your ass off. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948245) |
|
Date: May 20th, 2025 4:25 PM Author: Kenneth Play (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948315) |
|
Date: May 20th, 2025 4:21 PM Author: Nazca Redlines $160 in 2007 is $250 in 2025, adjusting for inflation. So, current big law salaries are well below what they were, inflation adjusted, in the past. That's on top of a worse working environment, the partnership ladder getting pulled up, and wild revenue per lawyer and profit per partner figures. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948293) |
|
Date: May 20th, 2025 5:00 PM Author: disco fries (his own flesh as well as all space was still a cage) Nobody going into one of these firms had a reasonable shot of getting partner since about the class of 1993 (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948417) |
|
Date: May 20th, 2025 5:18 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; I don’t have hard data to back this up, but my clear memory is that by 2007 they knew they were overhiring and were blatantly looking at half of each class of juniors as expendable and likely to be gone in three years, and then ITE happened and pulled that timeline in significantly. The other consequence of ITE is that the firms realized 1) that they paid no penalty with clients or schools/students for the layoffs, and 2) partners with large books were all that mattered to maintaining overall firm health/financials. So the last 15 years has effectively been a war among firms for books at least as large as the 30th largest book they currently have, and every other expense including other partners’ draws should be subservient to the goal of poaching as many big books as possible. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948463) |
|
Date: May 20th, 2025 5:24 PM Author: tarrifs Only the top 1% in biglaw makes more money on an inflation adjusted basis, and they make way, way more. The bottom 99% makes less. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948479) |
|
Date: May 20th, 2025 5:24 PM Author: cowgod ( ) Inflation is nuts imo. And the pay doesn’t go up as fast bc “number seems too high imo.” This forces Losers to job hop constantly in order to pay rent (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948480) |
|
Date: May 20th, 2025 5:25 PM Author: OldHLSDude $26K in MFH when I started. $17-18K in Boston. $15K +/- in midwest. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948483) |
|
Date: May 20th, 2025 5:28 PM Author: disco fries (his own flesh as well as all space was still a cage) Where did it all go? What was rent back then? $400? (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948496) |
|
Date: May 20th, 2025 5:31 PM Author: OldHLSDude Not sure about NYC. I was paying $230/mo during law school for 2 br/1 bath half of two family. A starter house in a nice Boston suburb was $50-60K. This house was $60K. I made an offer for $57K which was rejected.https://www.zillow.com/homedetails/84-Jason-St-Arlington-MA-02476/56401754_zpid/
|
|
Date: May 20th, 2025 5:40 PM Author: disco fries (his own flesh as well as all space was still a cage) So 3 years’ salary. Still expensive relative to pay. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948548) |
|
Date: May 20th, 2025 7:53 PM Author: Charles Tyrwhitt Dad Makes sense. Boston was surprisingly affordable in the 70s. A gritty city with nice suburbs. My parents are the same age as you and bought a similar house in a similar upmarket Baltimore neighborhood for just about $57k. Sold it a few years back for 850k. The same house in Boston is probably $1.8M
The *real* real estate story is how the country went from having uniform housing prices across almost all comparable metro areas nationally to a sharply divided two tier American real estate market with some metros being substantially more expensive than others. I do know for a fact you could buy a pleasant house with sea view in coastal Orange County CA for 50-70k in the 1970s and those are all starting at $1.8M now and going up. |
|
Date: May 20th, 2025 8:22 PM Author: OldHLSDude Yes, in the mid 70s a modest home in a no-name Boston suburb was $35K. We ended up buying a tiny house in Lexington for $50K. $1M now. Some metro areas are insanely expensive. Our old undistinguished Palo Alto house is $5.8M according to Zillow. I remember being recruited in 1969 by a company in San Diego. One of their selling points was that San Diego housing prices were below the national average. Argh! (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949057) |
|
Date: May 20th, 2025 5:27 PM Author: Pierbattista Pizzaballa Now do in real dollars (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948494) |
|
Date: May 20th, 2025 5:35 PM Author: Pierbattista Pizzaballa LMFAO, HOLY SHIT:
https://imgur.com/a/Z7LqCQR |
|
Date: May 20th, 2025 7:56 PM Author: but at what cost i'm gay (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948942) |
|
Date: May 20th, 2025 5:36 PM Author: female penis Most people in biglaw last 3-5 years, pay off their $300k in school debt, and leave.
The small proportion who stay beyond year 5 will never make equity partner. Life can still be objectively “good” for them while it lasts but as long as they lack a book it is always precarious—they’re always at risk of being pushed out even with the rise of permanent nonequity positions.
Biglaw in the last 20 years has become a giant pyramid scheme, that’s it. As someone else noted above, the top 1% (I’ll be generous and say 5-10%) of biglaw is getting very, very rich. For everyone else, it’s materially worse now vs 20 years ago. |
|
Date: May 20th, 2025 5:37 PM Author: Pierbattista Pizzaballa https://imgur.com/a/Z7LqCQR (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948534) |
|
Date: May 20th, 2025 5:39 PM Author: female penis Right. Which corresponds with biglaw equity partnerships no longer seeing associates as the future equity partners of the firm. They’re billing units to squeeze as much profit from as possible until they quit. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948543) |
|
Date: May 20th, 2025 5:42 PM Author: Pierbattista Pizzaballa I dunno, most of the people I know who made it five years at an V50 and wanted to be partners made partner or at least counsel, even if they had to lateral once or twice. None of them are rainmakers. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948552) |
|
Date: May 20th, 2025 5:45 PM Author: female penis Counsel is very different from partner so I’d separate the one outcome from the other immediately. If you start in a V25 (I’m not even sure I’d say V50 these days) you’ll likely make “partner” somewhere but you can end up making less than you did as an associate and living a pretty shitty existence. People don’t realize how rough it gets in the lower ranks of amlaw or in the regional firm milieu. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948562) |
|
Date: May 20th, 2025 5:59 PM Author: tarrifs You can make $2mm+ with no book and middling intelligence if you're willing to grind it out (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948592) |
|
Date: May 20th, 2025 8:11 PM Author: theranchman and yet, for every actually unconnected one that does, 1000 115+ IQ, type-A strivers that feed solely of materialism, social status and external validation choose not to
wonder why |
|
Date: May 20th, 2025 8:14 PM Author: tarrifs Not in it to win it imo (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949025) |
|
Date: May 20th, 2025 8:31 PM Author: female penis This is a very rare outcome though good for him. Firms aren't paying people $2m with no book, even in the V10, unless they've otherwise done something significant in their life that can generate business (in which case they'll eventually build a book). (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949098) |
|
Date: May 20th, 2025 8:49 PM Author: tarrifs On what are you basing that assertion (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949273) |
|
Date: May 20th, 2025 8:50 PM Author: female penis Deep and extensive experience and market knowledge. And common sense. Again, I'm not saying it's impossible, you can, on rare occasion, if the stars align and you're well liked and the politics work out, grind your way into equity and technically be a "service" partner still (although in those cases they're usually servicing institutional clients of the firm a/o they're viewed as the heir apparent for when the rainmaker retires to take over the book). But it's very rare. And like a nonequity partner it's precarious. Book is the only thing that gives you stability. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949286) |
|
Date: May 20th, 2025 9:09 PM Author: tarrifs I don't think you know what you're talking about (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949432) |
|
Date: May 20th, 2025 9:21 PM Author: female penis I definitely do. If there's something you'd like to talk more about I'm happy to. I can't imagine you're genuinely claiming it's common or typical to get to be a $2m equity (or senior non-equity) partner with no book. Or if you're just looking to be a fag in a subthread then we can stop and go our ways whatever you want. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949476) |
|
Date: May 20th, 2025 9:46 PM Author: tarrifs Maybe if you said $3mm, but there are lots of service partners making $2mm (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949571) |
|
Date: May 20th, 2025 9:49 PM Author: NeilArmstrong In V50, how many? 2-3 per firm? 150 in the entire country? (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949578) |
|
Date: May 20th, 2025 9:57 PM Author: female penis There are not lots of those people. Those days are over. There were more equity service partners like you're describing (maybe they were making $1m instead of $2m) 10 years ago than there are now. Firms rely on permanent non-equity / of counsel to act as service partners in that capacity. If you get equity, especially with where PPP is now and given how most firms are on some version of eat what you kill, you are expected to generate business, constantly, not just service existing clients.
Like I said there are exceptions. If you're some super skilled superstar who does long-term good work for major institutional clients, even if you don't have a book, you can sometimes grind your way into equity especially if you threaten to leave. Even then part of your promotion will be your perceived capacity in the future to generate business even as you maintain the institutional relationships. I've also seen it happen where the person is a lieutenant for a BSD rainmaker who goes to bat for them. But these are atypical situations bro. Partnerships are cheap as fuck and they do not want to pay $2m a year simply to service matters when they can get that same work done for $500k a year. |
|
Date: May 20th, 2025 10:09 PM Author: tarrifs That has not been my experience, either the stinginess with equity or the ability to find someone to do the work for $500k. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949616) |
|
Date: May 20th, 2025 10:11 PM Author: female penis Your experience is uncommon. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949626) |
|
Date: May 20th, 2025 11:19 PM Author: tarrifs Are you a recruiter or what (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949792) |
|
Date: May 20th, 2025 10:10 PM Author: Pierbattista Pizzaballa But it can happen if one of your firms client’s is like, JNJ or XOM. Those clients can feed a dozen partners. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949619) |
|
Date: May 20th, 2025 10:13 PM Author: female penis Yeah for sure and that was the typical path for it to happen e.g., Apollo is your institutional client, "hell, someone has to make equity, let's make it Nick, he works for Apollo a lot." But the attitude has changed significantly over the past decade because of the factors I outline above--primarily the availability of permanent non-equity who will happily take 700k to do the same work day in day out and the insane rise in profitability which has increased the equity floor so much that partnerships are reticent to give it out especially to people who aren't going to generate their own organic business to feed the partnership. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949631) |
|
Date: May 20th, 2025 6:44 PM Author: Kenneth Play i was totally with you until the last sentence - why is it worse now? seems like salaries are a lot higher? just easier to get pushed out, and maybe it's not that much higher after inflation? (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948695) |
|
Date: May 20th, 2025 8:30 PM Author: female penis I could have phrased that point better. If you are in the "I'm here for 3-5 years to get the notch on my resume, pay my loans, then get the fuck out" crowd, then there is arguably no better time than now to be in biglaw. But if you're coming into biglaw with the idea of making a lifelong career of it, especially by becoming a partner, I'd argue it's much worse now than it was 20 years ago. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949095) |
|
Date: May 20th, 2025 7:33 PM Author: CapTTTainFalcon what do these people do after they're pushed out?
teach high school latin? |
|
Date: May 20th, 2025 7:36 PM Author: blow off some steam get raped (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948860) |
|
Date: May 20th, 2025 8:28 PM Author: female penis (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949086) |
|
Date: May 20th, 2025 8:33 PM Author: but at what cost (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949106) |
|
Date: May 20th, 2025 9:47 PM Author: NeilArmstrong So assuming the wash outs are there for 3-5 years, they must be clearing at least $350k at say 30. What do they do then? $350k isn’t enough to live on in a tier 1 city. Assume they take a pay cut to move in house, F500 or mid-law? What’s the outcome? Seems like a waste. Not like you enjoyed your time in big law? (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949573) |
|
Date: May 20th, 2025 10:07 PM Author: Pierbattista Pizzaballa You marry someone making $100k+ and you live in the suburbs. You rarely work weekends and you raise kids. I coach little league.
If I’m ever tight on money my big law partner friends will buy me lunch (after rescheduling four times). |
|
Date: May 20th, 2025 10:17 PM Author: female penis The business-oriented ones go in-house or they go way down vault / amlaw and try to become partner / of counsel at a firm with more sane hours and expectations. You'll get a few gunners who go the PI / start their own firm route. The public interest fags will leverage the biglaw time to go to government or their favorite save the whales NGO. Lots of Mrs. degrees for the female associates who just exit the workforce. You'll get a few burnouts who do something entirely different, open a cake shop or become a car dealer, some crazy shit like that. That's the typical span. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949640) |
|
Date: May 20th, 2025 10:17 PM Author: female penis Also kickboxing underworld. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949643) |
|
Date: May 20th, 2025 10:55 PM Author: Wang Hernandez I’m making it on 400k in a tier 1 city, what’s up
Supporting a family of 4 by myself right now. |
|
Date: May 20th, 2025 10:09 PM Author: Gefilte Fish Vindaloo kickboxing underworld (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949615) |
|
Date: May 20th, 2025 7:19 PM Author: Noah Tannebaum My buddy works at Emanuel something in NYC. He’s making like half a milli moving commas. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48948800) |
|
Date: May 20th, 2025 8:11 PM Author: indian rage in its purest form ((zurich is stained)) is he in their divorce law group? our very own Are Reptile is an alum of that practice group.
most biglaw firms have a family law practice but Quinn Emanuel's is unparalleled. it's up there with Skadden's asbestos defense practice. |
|
Date: May 20th, 2025 8:34 PM Author: female penis https://www.skadden.com/professionals/r/rakoczy-mark-e (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949112) |
|
Date: May 20th, 2025 10:08 PM Author: Pierbattista Pizzaballa That’s about as Alpha Chicago lawyer as it gets (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949612) |
|
Date: May 21st, 2025 12:01 AM Author: disco fries (his own flesh as well as all space was still a cage) Dude is mid-70s, looks great, but probably psychopathic and has 4 ex wives. (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949866) |
|
Date: May 20th, 2025 10:17 PM Author: Noah Tannebaum He works on the Elon side of things (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949641) |
|
Date: May 20th, 2025 10:52 PM Author: Wang Hernandez I worked on a 200 million dollar divorce estate dispute not flame (http://www.autoadmit.com/thread.php?thread_id=5727948&forum_id=2],#48949745) |