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Law Firm Partner Salary

Law Firm Partners enjoy a hefty income, with average pay passing six figures ($169K) annually in the United States. Total incomes of Law Firm Partners incorporate potential for, in a few cases, more than $72K from bonuses and close to $194K from profit sharing; these performance components cause packages to range between $104K and $405K. Location and tenure each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. The majority of Law Firm Partners (68 percent) who took the survey are men. Although one in four lack health benefits of any kind, a fair number do enjoy medical insurance, and about one-half get dental coverage, too. The data in this summary comes from the PayScale salary survey.
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$95,740 - $349,187
(Median)
$96K
$170K
$350K
MEDIAN: $168,757
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
$95,740 - $349,187  
   
Bonus
$59.60 - $72,160  
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).
)
$104,047 - $405,343  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 451
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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 tend not to experience significant pay changes as they move up the career ladder to roles like Law Firm Managing Partner. The two jobs pay about the same on average. Law Firm Partners most frequently advance into Attorney and General Counsel roles even though the median salaries are $112K lower and $44K lower, respectively.

Law Firm Partner Job Listings

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Law Firm Partners report a narrow range of specific 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.


Law Firm Partners with a lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $114K, but people who have been around for five to 10 years earn a noticeably bigger sum of $160K. On average, Law Firm Partners make $194K following one to two decades on the job. 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.

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Experience Affects Law Firm Partner Salaries

Late-Career
up arrow 18%


National Average
$193,000

Mid-Career
up arrow 17%

Entry-Level
up arrow 41%

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 95 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: 73% dental benefits Dental: 50%
vision benefits Vision: 39% employee benefits None: 26%
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