Law Firm Partner Salary

Generous salaries abound for Law Firm Partners in the United States, with average pay above six figures ($168K) per year. With some bonuses approaching $73K and certain profit sharing proceeds approaching $184K, overall incomes of Law Firm Partners spread between $105K and $410K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by years of experience. There are more male Law Firm Partners than female among those who completed the questionnaire, making up 68 percent. Work is enjoyable for Law Firm Partners, who typically claim high levels of job satisfaction. Health benefits are not enjoyed by everyone in this line of work, and approximately one-fourth lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by just over a half. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$93,939 - $350,905

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Salary
$93,939 - $350,905  
   
Bonus
$58.72 - $72,513  
Profit Sharing
$3,211 - $183,831  
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).
)
$105,075 - $409,732  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 444
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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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As Law Firm Partners make advancements in their career path, their salaries may not change right away. For example, the higher-level Law Firm Managing Partner position pays around the same amount as the Law Firm Partner job on average. 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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Professional skills reported by Law Firm Partners are few in number. Complex Litigation Case Management and Litigation Case Management are considered valuable skills and can increase employee pay by 17 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 generally obtain higher compensation for more plentiful past experience. Annually raking in $112K, the average professional in this position sees a six-figure salary within the first five years. After working for 10 to 20 years, Law Firm Partners make a median salary of $197K. 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 $224K 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 15%

Entry-Level
up arrow 41%

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 80 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
15%
10-19 years
50%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 52%
vision benefits Vision: 40% employee benefits None: 24%
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