Law Firm Partner Salary

Law Firm Partners receive generous compensation in the United States — earning an average of $168K per year, their standard salaries shoot well into the six-figure range. With some bonuses approaching $73K and certain profit sharing proceeds approaching $185K, overall incomes of Law Firm Partners spread between $104K and $410K depending on individual performance. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Most people who answered the questionnaire are men; 69 percent of Law Firm Partners are male. Some workers in this field — about one in four — are not awarded benefits. Medical coverage is reported by a fair number and dental plans are enjoyed by half. Job satisfaction is high and work is enjoyable for most Law Firm Partners. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$95,275 - $349,993
(Median)
$95K
$170K
$350K
MEDIAN: $168,296
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
$95,275 - $349,993  
   
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).
)
$104,028 - $409,667  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 447
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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 transition into upper-level roles like Managing Partner, Law Firms, it's possible that they won't see a change in salary. Managing Partner, Law Firms earn the same amount as Law Firm Partners on average. Many Law Firm Partners choose to become Attorneys and General Counsels as their careers advance. However, folks in those positions report median salaries of $112K less and $43K less, respectively.

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 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. Six-figure salaries are not unusual for those just entering the occupation — survey respondents with less than five years' experience under their belts report receiving an average of $112K per year. On average, Law Firm Partners make $197K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $226K.

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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 82 votes.

Gender

Female
31 %
Male
69 %

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: 75% dental benefits Dental: 50%
vision benefits Vision: 39% employee benefits None: 25%
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