Average BigLaw Partner Compensation Soars Past $1M
By Justin Wise (December 15, 2020, 7:24 AM EST) -- Average compensation for those at the highest ranks of BigLaw has surpassed $1 million for the first time, and partners no longer expect the financial woes they feared when they braced for economic losses due to COVID-19, according to a new survey.
The findings, released Tuesday by legal search firm Major Lindsey & Africa, showed that the average income for U.S. partners was just over $1 million in 2019, marking a 10% increase from 2018 and a 20% jump since 2016.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!