Partner Compensation

2022 Partner Compensation Survey - Major, Lindsey & Africa

The 2022 Partner Compensation Survey showed that over the past two years, average partner compensation increased by 15%. Pay for U.S. law firm partners now ...

Cutting Partner Compensation Becomes Routine in Big Law

Cutting partner compensation becomes routine in big law. Some firms are making sharper pay cuts of partners, helping them pay their top performers.

How Much Do Partners Make at Law Firms? - Clio

Corporate partners had the highest average total compensation at $1,488,000, while Labor & Employment partners reported the lowest at $653,000.

How much does a first year partner make? : r/biglaw - Reddit

I know equity partners that make $400k a year and others at the same firm that make $1.2M. Our firm has a compensation committee that decides ...

Law Firm Partner Compensation- What You Need to Know - Decusoft

Law firm partner compensation is dependent on a number of factors including the type of law firm, billing approach, and the origination of the client.

How to Properly Compensate Managing Partners

When it comes to compensation, firms have several options, including providing a stipend for managing partner activities, a percentage of the firm's profits or ...

Partner Compensation Systems in Professional Service Firms

Big 4 Partner Salary - Firm Salaries for PwC, Deloitte, KPMG, & EY

We're going to give you some hard numbers below. The average across all partners will land right around $650k – $850k each year.

Law Firm Compensation for Lateral Partners - Detailed Overview

This is typically a fixed amount per period and is determined by the partner's anticipated annual compensation. The lower the draw as a percentage of forecasted ...

Average Partner Pay 'Surges' in Both Equity and Nonequity Tiers

Average pay for Am Law 200 partners, including equity and nonequity, has eclipsed $1.4 million, according to the latest partner compensation ...

Evolving Approaches to Partner Compensation - Fairfax Associates

Firms at all levels of profitability are responding by adapting their approach to partner compensation from both an offensive (growth) and defensive (retention ...

How to Compensate Partners to Keep Your Firm on Track

Partner compensation is an important strategic decision for an advisory firm. How owners are compensated can have the single biggest impact on the financials ...

Top 6 Reasons Why Your Partner Compensation Isn't Higher

A general rule of thumb is that the closer these two metrics are, the less profits equity partners will earn from the firm's platform.

How Do Law Firm Partners Get Paid? - LawRank

Partner salaries can vary widely depending on a number of factors, not least of which is the compensation structure their firm uses. Traditional ...

Beyond Eat-What-You-Kill: Determining Partner Compensation

Beyond Eat-What-You-Kill: Determining Partner Compensation ... Make sure your partner-compensation system encourages behavior that advances, not undermines, your ...

Breaking Open The Black Box Of Partner Compensation

As sharers of company profits, equity partners have seen their average compensation rise as net profits continue to soar. The average equity ...

The First in a Series of Partner Compensation Structures

This is the 2nd article in a series of 7 discussing the different kinds of partnership compensation structures that law firms tend to adopt. In Part 1 we ...

Law firms cut compensation for some partners, freeing up cash for ...

Law firms are cutting compensation for some partners because of reduced productivity or impending retirements, a contrast from more collegial days.

2024 Partner Compensation Survey

The results are in! Our 2024 Partner Compensation Survey Report offers insights into the partner compensation trends within law firms.

2020 Partner Compensation Survey

Partnership Tenure and Partnership Status. As in previous MLA Partner Compensation Surveys, when sorted by Partnership Tenure, average compensation climbs ...