Law Firm Partner Salary

Generous salaries abound for Law Firm Partners in the United States, with average pay above six figures ($169K) per year. In the world of Law Firm Partners, overall income ranges from $104K near the bottom to $410K at the top; this can include more than $73K from bonuses and more than $185K from profit sharing in exceptional cases. Geography is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction is reported as high by the vast majority of workers. One-fourth of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and close to one-half claim dental coverage as well. The majority of Law Firm Partners (68 percent) who took the survey are men. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$95,429 - $351,535
(Median)
$95K
$170K
$350K
MEDIAN: $168,528
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
$95,429 - $351,535  
   
Bonus
$60.00 - $73,311  
Profit Sharing
$3,187 - $185,476  
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).
)
$104,138 - $410,197  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 448
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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 frequently become Attorneys and General Counsels even though median compensation is $111K lower and $43K lower, respectively.

Law Firm Partner Job Listings

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Typical Law Firm Partners report a focused set of job 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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. The average beginner in this position makes around $112K, but folks who have been around for five to 10 years see a markedly higher median salary of $162K. People with 10 to 20 years of experience make an average of about $196K in this role. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $225K on average.

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Experience Affects Law Firm Partner Salaries

Late-Career
up arrow 17%


National Average
$192,000

Mid-Career
up arrow 16%

Entry-Level
up arrow 42%

Skills That Affect Law Firm Partner Salaries


Litigation Case Management
up arrow 16%

National Average
$192,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.

Gender

Female
32 %
Male
68 %

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: 74% dental benefits Dental: 50%
vision benefits Vision: 39% employee benefits None: 25%
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