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what's the 99th, 90th and 75th percentile for biglaw service partner earnings
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Date: August 25th, 2025 2:51 PM Author: Cordovan pervert (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211601) |
Date: August 25th, 2025 2:52 PM Author: swashbuckling sienna voyeur $2m; $1m; $750k
assuming you mean true non-equity partners not equity partners who primarily service other partners' books (they exist); also assuming we're keeping this to the V50 not some large insurance defense mill that calls itself "biglaw" |
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Date: August 25th, 2025 2:56 PM Author: sable shrine Sounds about right. (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211619) |
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Date: August 25th, 2025 3:01 PM Author: swashbuckling sienna voyeur Yeah, keeping in mind those figures are hiding some disparities and are meant to be an overall blend--e.g., the lit. service partner income distribution will be shifted lower than the trans. service partner income distribution. (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211633) |
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Date: August 25th, 2025 8:45 PM Author: sable shrine Not sure about that. The lit service partner can run larger teams for longer. (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49212373) |
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Date: August 26th, 2025 11:58 AM Author: swashbuckling sienna voyeur Transactional makes more money than lit in the V25. Broad brush statement but I think it bears out. Also the disparity has grown in past 10 years. (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49213515) |
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Date: August 25th, 2025 3:01 PM Author: Cordovan pervert v50, yes, but why exclude the highest earning service partners? (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211631) |
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Date: August 25th, 2025 3:02 PM Author: swashbuckling sienna voyeur Because if we start bringing in the lower half of the V100 you're going to get really messy (variable) data since it will include both shitigators on the one end making $125k and, to your point, guys on odd comp. arrangements getting 50% of their revenue and bringing in $5m on the other even as "non-equity" service partners. Comp. is much messier in the bottom half of the V100 let alone rest of the AmLaw 200. (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211637) |
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Date: August 25th, 2025 3:13 PM Author: Cordovan pervert i'm asking why we're excluding v50 service partners with equity (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211665) |
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Date: August 25th, 2025 3:20 PM Author: swashbuckling sienna voyeur Because that's a whole different ball of wax and it's much harder to define (looking from the outside) what an equity "service" partner is. They exist but there's no easy way in the data to say "oh, that's an equity partner but he's mostly servicing the rainmaker's book"--you would need to be deeply in the know at the firm. Also, becoming an equity partner but being allowed within the firm's institutional structure to still just mostly service is a total crapshoot that depends on good doses of luck, politics, and relationships in a way that can't be built into an analysis. I'm sure there are equity "service" partners who are making well into the high seven figures, to the ire of many in the partnership, because they sucked the right rainmaker dick all their career--it's especially easier to have done that 10/20 years ago when the standards for partnership were less stringent so you could get in while the going was still good and then ride the comp. increases that have happened. Or even now, in the V10, minimum equity will get you say in the neighborhood of $3m. Some of those new brass rings are going to people who have taken over books or generated and some are going to "good firm citizens" who played all the right cards and rely on the institutional clients but who the fuck knows the counts of A vs. B from the outside, so it's just harder to come up with a meaningful distribution. (And, to top all that off, non-equity service partners and the unicorn equity service partners are two totally different groups, apples to oranges, and when you merge the two together the "distribution" you'd get, even assuming you could get one, is going to be muddled and hard to be interpretively useful because you've mixed two disparate groups.) (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211679) |
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Date: August 25th, 2025 3:21 PM Author: Brass Stirring Puppy Market 180 (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211681) |
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Date: August 25th, 2025 8:42 PM Author: Cordovan pervert this isn't consistent with my experience (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49212371) |
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Date: August 26th, 2025 11:57 AM Author: swashbuckling sienna voyeur ok (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49213514) |
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Date: August 25th, 2025 2:58 PM Author: Brass Stirring Puppy Market While we are at it, what's the 50%, 25%, 10%? (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211622) |
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Date: August 25th, 2025 3:00 PM Author: swashbuckling sienna voyeur $600k, $500k, $400k
same assumptions as above |
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Date: August 25th, 2025 3:02 PM Author: Brass Stirring Puppy Market TY (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211636) |
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Date: August 25th, 2025 3:03 PM Author: swashbuckling sienna voyeur (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49211639) |
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Date: August 25th, 2025 9:32 PM Author: Razzle salmon bawdyhouse brethren How many actual equity partners are there in a typical Biglaw firm? (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49212434) |
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Date: August 25th, 2025 9:38 PM Author: Cordovan pervert lots ime (http://www.autoadmit.com/thread.php?thread_id=5766100&forum_id=2в#49212445) |