Law Firm Partner Salary

Generous salaries abound for Law Firm Partners in the United States, with average pay above six figures ($170K) per year. Total cash compensation to Law Firm Partners bottoms out near $104K and approaches $406K on the high end; the biggest paychecks include approximately $73K from bonuses and almost $194K from profit sharing. Geographic location and career length each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, one-fourth are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by roughly one-half. The majority of Law Firm Partners claim high levels of job satisfaction. Male Law Firm Partners are more prevalent than women among those who took the survey — 67 percent of professionals. The numbers in this rundown were provided by PayScale's salary survey participants.
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$95,549 - $351,390
(Median)
$96K
$170K
$350K
MEDIAN: $169,552
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$140K$280K$420K
Salary
$95,549 - $351,390  
   
Bonus
$61.83 - $72,828  
Profit Sharing
$2,576 - $193,916  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$104,411 - $406,056  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 449

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Job Description for Law Firm Partner

A law firm partner is a joint owner of their firm and helps oversee its day-to-day operations. They directly supervise the firm’s legal and technical support teams, coordinate logistics for new cases, and manage budgets and vendor relationships. Other duties of a law firm partner include handling numerous cases simultaneously, interacting with lawyers within the firm to provide advice and guidance, managing payroll, and hiring clerks. These professionals also implement initiatives in the office to make sure that the office remains compliant with local, state, and federal regulations, as well as update staff on administrative issues as necessary.

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Law Firm Partner Tasks

  • Gather evidence to formulate defense or to initiate legal actions; evaluate findings and develop strategies and arguments for presentation of cases.
  • Analyze and interpret laws, rulings and regulations with probable case outcomes for individuals and businesses.
  • Represent clients in court or before government agencies, present and summarize cases to judges and juries.
  • Advise clients in business transactions, claim liablility, advisability of prosecuting or defending lawsuits or legal rights and obligations.
  • Select jurors, argue motions, meet with judges and question witnesses during the course of a trial.

Common Career Paths for Law Firm Partner


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Law Firm Partners may not see large compensation differences if they transition into an upper-level role such as Law Firm Managing Partner. Managing Partner, Law Firms on average make about as much as Law Firm Partners do. Law Firm Partners most often move into positions as Attorneys or General Counsels. Attorneys actually earn $113K less on average, however, and General Counsels earn $44K less per year than Law Firm Partners do.

Law Firm Partner Job Listings

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Survey takers who work as Law Firm Partners typically report just a few professional skills. Complex Litigation Case Management and Litigation Case Management are considered valuable skills and can increase employee pay by 18 percent and 16 percent, respectively.

Pay by Experience Level for Law Firm Partner

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Law Firm Partners, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Although individuals who have less than five years' experience earn $110K on average, people with five to 10 years benefit from a notably larger average of $156K. The average pay reported by folks with 10 to 20 years of experience is around $197K. Law Firm Partners with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $228K.

Related Job Salaries

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Experience Affects Law Firm Partner Salaries

Late-Career
up arrow 18%


National Average
$193,000

Mid-Career
up arrow 19%

Entry-Level
up arrow 43%

Skills That Affect Law Firm Partner Salaries


Litigation Case Management
up arrow 16%

National Average
$193,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
16%
10-19 years
50%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 49%
vision benefits Vision: 37% employee benefits None: 26%