The average pay for a Law Firm Partner is $356 per hour.
The average pay for a Law Firm Partner is $181,124 per year.
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.
Read More...- Advise clients in business transactions, claim liability, 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.
- 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.
- Gather evidence to formulate defense or to initiate legal actions; evaluate findings and develop strategies and arguments for presentation of cases.
Common Career Paths for Law Firm Partner
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Law Firm Partners may not see large compensation differences if they transition into an upper-level role such as Law Firm Managing Partner. Managing Partner, Law Firms on average make about as much as Law Firm Partners do. Law Firm Partners most frequently become Attorneys and General Counsels even though median compensation is $122K lower and $51K lower, respectively.
Law Firm Partner Job Listings
Pay by Experience Level for Law Firm Partner
Pay by Experience for a Law Firm Partner has a positive trend. An entry-level Law Firm Partner with less than 5 years of experience can expect to earn an average total compensation of $115,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Law Firm Partner with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $166,000 based on 95 salaries. An experienced Law Firm Partner which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $204,000 based on 194 salaries. A Law Firm Partner with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $250,000 based on 128 salaries.
Pay Difference by Location
Surpassing the national average by 54 percent, Law Firm Partners in Houston receive some of the highest pay in the country. Law Firm Partners can also look forward to large paychecks in cities like Chicago (+45 percent), Seattle (+43 percent), New York (+35 percent), and Washington (+33 percent). Law Firm Partners in New Orleans earn salaries far below the national average by 34 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around 19 percent less in Cleveland and 15 percent less in Columbus, below-median salaries for those in this field.
Law Firm Partner Reviews
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Key Stats for Law Firm Partner
Gender
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Female
37 % |
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Male
63 % |
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Job Satisfaction
| Extremely satisfied |
Rated 5 out of 5 based on 142 votes. |
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