Managing Attorney Salary
Job Description for Managing Attorney
Managing attorneys are the backbone of any law firm and oversee all office operations. Their basic duty is to coordinate and operate the firm as a business while maintaining and promoting relationships with clients and associates. They are also responsible for budgeting expenses and advising fellow associates, clients, and firm volunteers. Other responsibilities include recruiting, training, mentoring, hiring, case review/assignment, and creating an efficient, well-structured team, all while ensuring the firm is in full compliance with all local, state, and federal regulations. The managing attorney may still carry their own case load, but their primary focus is that of a manager which acts as the firm’s representative.Read More...
A managing attorney must have strong written and verbal communication skills, as well as exceptional mathematical skills to efficiently manage the legal firm and increase its profits. They must have strong leadership skills and the ability to motivate, persuade, and influence others. They must also have excellent problem-solving skills and the ability to delegate and prioritize duties with a strong attention to detail.
Managing attorneys must be neat, organized, professional, and driven to succeed. They must have a strong work ethic with an inherent understanding of their ethical duties. These attorneys generally have a four-year Bachelor's degree, as well as a degree from an accredited law school and at least ten years of experience as a practicing attorney. A background in business is highly recommended.
Managing Attorney Tasks
- Gather evidence to formulate defense or to initiate legal actions; evaluate findings and develop strategies and arguments for presentation of cases.
- Represent clients in court or before government agencies, present and summarize cases to judges and juries.
- Analyze and interpret laws, rulings and regulations with probable case outcomes for individuals and businesses.
- Assure services are in compliance with professional standards, state and federal regulatory requirements.
- Advise clients in business transactions, claim liablility, advisability of prosecuting or defending lawsuits or legal rights and obligations.
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Pay by Experience Level for Managing Attorney
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Managing Attorneys. Folks with fewer than five years of experience earn around $95K on average, but respondents who have racked up five to 10 years benefit from a six-figure median of $117K. Managing Attorneys with one to two decades of relevant experience report an average salary of approximately $141K. Managing Attorneys with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $154K.