Commissions form a big slice (nearly one-fourth) of total compensation for Law Firm Partners. The median income in this area hovers around $204K. Incomes of Law Firm Partners vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $101K cause paychecks to spread between $112K on the low end and $450K on the high end. Geographic location is the biggest factor affecting pay for this group, followed by career length. There are more male Law Firm Partners than female among those who completed the questionnaire, making up 65 percent. While some workers in this profession — about one in four — do not have any health coverage, a strong majority do receive medical benefits and more than half have dental insurance. Job satisfaction for Law Firm Partners is high. The numbers in this rundown were provided by PayScale's salary survey participants.
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$101,482 - $373,101
$100K
$180K
$370K
MEDIAN: $181,799
10%
50%
90%

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$252.10 - $432.38
$380
MEDIAN: $381.00
50%

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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$150K$300K$450K
Salary
$101,482 - $373,101  
   
Bonus
$2,936 - $100,535  
Profit Sharing
$0.00 - $98,916  
Commission
$55,000  
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).
)
$112,247 - $449,892  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 364
National Hourly Rate 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$150$300$450
Hourly Rate
$381.70  
   
Overtime
$125.00  
National Annualized 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$150K$300K$450K
Bonus
$2,936 - $100,535  
   
Commission
$55,000  
Profit Sharing
$0.00 - $98,916  
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).
)
$112,247 - $449,892  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 6

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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.
  • Represent clients in court or before government agencies, present and summarize cases to judges and juries.
  • 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.

Common Career Paths for Law Firm Partner


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Law Firm Partners' salaries tend to stay somewhat constant even when they advance into higher-level positions like Law Firm Managing Partner. On average, Managing Partner, Law Firms get paid about the same as Law Firm Partners do. Law Firm Partners most often move into Attorney or General Counsel roles. However, the former pays $123K less on average, and the latter pays $52K less.

Law Firm Partner Job Listings

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Pay by Experience Level for Law Firm Partner

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


Experience seems to be a major factor in determining the incomes of Law Firm Partners. Individuals who have worked for fewer than five years report earning $125K on average, a generous six-figure sum for those just starting out. Law Firm Partners see a median salary of $202K after reaching one to two decades on the job. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $250K.

Pay Difference by Location

National Average: $203,741

Larger city markers indicate a job is popular in that location.

Law Firm Partners in New York, Philadelphia, and Washington — all eastern cities in the United States — make more than the national average for those in this profession. They also represent the three highest-paid locations for Law Firm Partners in this country. Law Firm Partners in New Orleans report much lower salaries than the rest of the country — 34 percent below the national average — proving that residence is a major factor in overall pay. Cleveland and Columbus are a couple other places where companies are known to pay below the median — salaries are 19 percent lower and 15 percent lower, respectively.

Related Job Salaries

Key Stats for Law Firm Partner

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 65 votes.
1-4 years
3%
5-9 years
14%
10-19 years
48%
20 years or more
35%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Law Firm Partner Salaries


National Average
$204,000


Mid-Career
up arrow 17%

Entry-Level
up arrow 39%

Skills That Affect Law Firm Partner Salaries

Real Estate
up arrow 77%

Mergers and Acquisitions
up arrow 41%

Intellectual Property (IP)
up arrow 18%


Strategic Marketing
up arrow 8%

National Average
$204,000

Litigation Case Management
up arrow 33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 65 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
3%
5-9 years
14%
10-19 years
48%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 57%
vision benefits
Vision: 47%
dental benefits
None: 24%
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