LEGAL SALARY DATAPOINTS Forum

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Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Wed Apr 12, 2017 2:44 pm

a) registered investment advisor
b) 3-4 years out of law school
c) low COL secondary-to-tertiary market
d) $170K range + discretionary bonus + participation in profits/incentive/carry + annual raises + good benefits (401K matching, health/dental/vision, vacation, no time entries, etc.)

synergy

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Re: LEGAL SALARY DATAPOINTS

Post by synergy » Mon Apr 17, 2017 10:30 am

Anonymous User wrote:a) registered investment advisor
b) 3-4 years out of law school
c) low COL secondary-to-tertiary market
d) $170K range + discretionary bonus + participation in profits/incentive/carry + annual raises + good benefits (401K matching, health/dental/vision, vacation, no time entries, etc.)
If you don't mind questions, what does your firm target for your bonus? Also, did you come from biglaw? If so, how long were you at the firm for before moving in-house?

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Mon Apr 17, 2017 10:51 am

synergy wrote:If you don't mind questions, what does your firm target for your bonus? Also, did you come from biglaw? If so, how long were you at the firm for before moving in-house?
Out of order: The simple answer is yes (not a major market); approximately 3 years in private practice; TBD, I would safely bet the under on 25% of base for the discretionary bonus to start.

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Tue Apr 18, 2017 5:10 pm

-Govt risk management/compliance/legal
-$80k (+ awesome govt benefits)
-Big market
-2nd year out of law school, passed the bar this year.

Note: no interest in traditional legal path, hence my current position.

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nunumaster

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Re: LEGAL SALARY DATAPOINTS

Post by nunumaster » Wed May 10, 2017 2:40 pm

Someone turn this into a spread sheet

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Danger Zone

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Re: LEGAL SALARY DATAPOINTS

Post by Danger Zone » Wed May 10, 2017 3:17 pm

nunumaster wrote:Someone turn this into a spread sheet
Thanks for volunteering
Last edited by Danger Zone on Sat Jan 27, 2018 3:00 pm, edited 1 time in total.

RedPurpleBlue

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Re: LEGAL SALARY DATAPOINTS

Post by RedPurpleBlue » Wed May 10, 2017 4:29 pm

Danger Zone wrote:
nunumaster wrote:Someone turn this into a spread sheet
Thanks for volunteering
This sounds like a sort of project I would like to do. If you whip up a template for me, I'll gladly enter all of the data.

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Re: LEGAL SALARY DATAPOINTS

Post by RedPurpleBlue » Thu May 11, 2017 8:30 pm

RedPurpleBlue wrote:
Danger Zone wrote:
nunumaster wrote:Someone turn this into a spread sheet
Thanks for volunteering
This sounds like a sort of project I would like to do. If you whip up a template for me, I'll gladly enter all of the data.
Alright, I've finished 8 pages so far. I'm going to stop for the day and resume when I get some free time over the weekend. Needs to be cleaned up a lot, but I'm just going to take this one step at a time.

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nunumaster

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Re: LEGAL SALARY DATAPOINTS

Post by nunumaster » Thu May 11, 2017 9:42 pm

RedPurpleBlue wrote:
Alright, I've finished 8 pages so far. I'm going to stop for the day and resume when I get some free time over the weekend. Needs to be cleaned up a lot, but I'm just going to take this one step at a time.
You, sir, are a gentleman and a scholar. Not the hero we deserve, but the hero we need.

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RedPurpleBlue

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Re: LEGAL SALARY DATAPOINTS

Post by RedPurpleBlue » Thu May 11, 2017 10:48 pm

nunumaster wrote:
You, sir, are a gentleman and a scholar. Not the hero we deserve, but the hero we need.
Do you have any suggestions regarding categories? Also, do you want all of the info on one sheet that you can sort by A-Z (and thus firm/gov't/etc. will group up) or do you want me to separate Firm/Gov't/Etc. into separate sheets? I could also do both. I don't really mind. I just want a product that's useful for everyone and convenient to use.

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Re: LEGAL SALARY DATAPOINTS

Post by RedPurpleBlue » Fri May 12, 2017 6:57 pm

nunumaster wrote:Someone turn this into a spread sheet

Here you go.

Let me know if you have any advice for improvements. If this can make it to the OP, I can edit as people post. Not a big fan of allowing others to edit on their own (trust issues, yo).

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Fri May 12, 2017 7:54 pm

a) FED GOVT-DOJ
b) 1 year
c) DC
d) GS 15-Step 2-$136,160- 4% 401k match of salary, pension, low cost healthcare/dental/vision plans, 13 days vacation the first 3 years then 20 days, comp time accrual through travel, no billable hours,9:30-6 hours when not on trial

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A. Nony Mouse

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Re: LEGAL SALARY DATAPOINTS

Post by A. Nony Mouse » Fri May 12, 2017 8:02 pm

Anonymous User wrote:a) FED GOVT-DOJ
b) 1 year
c) DC
d) GS 15-Step 2-$136,160- 4% 401k match of salary, pension, low cost healthcare/dental/vision plans, 13 days vacation the first 3 years then 20 days, comp time accrual through travel, no billable hours,9:30-6 hours when not on trial
Dang. What experience did you have before going to DOJ?

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Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Fri May 12, 2017 8:57 pm

A. Nony Mouse wrote:
Anonymous User wrote:a) FED GOVT-DOJ
b) 1 year
c) DC
d) GS 15-Step 2-$136,160- 4% 401k match of salary, pension, low cost healthcare/dental/vision plans, 13 days vacation the first 3 years then 20 days, comp time accrual through travel, no billable hours,9:30-6 hours when not on trial
Dang. What experience did you have before going to DOJ?
State level prosecutor in large metropolitan city for approx. 4.75 years.

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A. Nony Mouse

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Re: LEGAL SALARY DATAPOINTS

Post by A. Nony Mouse » Fri May 12, 2017 9:08 pm

thanks. (I know that doesn't go as far as DC as in some places, but pretty nice.)

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checkers

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Re: LEGAL SALARY DATAPOINTS

Post by checkers » Fri May 12, 2017 9:20 pm

RedPurpleBlue wrote:
nunumaster wrote:Someone turn this into a spread sheet

Here you go.

Let me know if you have any advice for improvements. If this can make it to the OP, I can edit as people post. Not a big fan of allowing others to edit on their own (trust issues, yo).
Wow, great job. Thanks.

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Sat May 13, 2017 6:46 am

A. Nony Mouse wrote:thanks. (I know that doesn't go as far as DC as in some places, but pretty nice.)
Thanks Mouse.
I know I'll never be rich but I feel comfortable now compared to my state prosecutor salary (which was half what I'm making now).
Let's see of this administration tries to alter pay or benefits and if so I may have to rethink long term plans.

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Roy McAvoy

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Re: LEGAL SALARY DATAPOINTS

Post by Roy McAvoy » Sat May 13, 2017 12:04 pm

RedPurpleBlue wrote:
nunumaster wrote:Someone turn this into a spread sheet

Here you go.

Let me know if you have any advice for improvements. If this can make it to the OP, I can edit as people post. Not a big fan of allowing others to edit on their own (trust issues, yo).
Thanks! That is fantastic. The only suggestion I would have is to add the poster (if not anonymous) so it would be possible to look through their posts in case they have ever offered other insights regarding their job, benefits, etc.

RedPurpleBlue

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Re: LEGAL SALARY DATAPOINTS

Post by RedPurpleBlue » Sat May 13, 2017 12:31 pm

Roy McAvoy wrote: Thanks! That is fantastic. The only suggestion I would have is to add the poster (if not anonymous) so it would be possible to look through their posts in case they have ever offered other insights regarding their job, benefits, etc.
This is a good suggestion. If I implement this, it will be sometime next week, because I have a lot of work to do in the next few days. Try to be patient though, because I'll be PMing each user one by one to get their permission. I don't want to be attaching usernames and job/salary info to a document that the original poster has no control over without getting their permission to do so first. I'll make sure to post again when I've updated the sheet.

Thanks for the feedback!

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Roy McAvoy

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Re: LEGAL SALARY DATAPOINTS

Post by Roy McAvoy » Sat May 13, 2017 1:53 pm

RedPurpleBlue wrote:
Roy McAvoy wrote: Thanks! That is fantastic. The only suggestion I would have is to add the poster (if not anonymous) so it would be possible to look through their posts in case they have ever offered other insights regarding their job, benefits, etc.
This is a good suggestion. If I implement this, it will be sometime next week, because I have a lot of work to do in the next few days. Try to be patient though, because I'll be PMing each user one by one to get their permission. I don't want to be attaching usernames and job/salary info to a document that the original poster has no control over without getting their permission to do so first. I'll make sure to post again when I've updated the sheet.

Thanks for the feedback!
Absolutely, I definitely agree. Thanks again for doing this, I think we all appreciate it.

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dannyswo

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Re: LEGAL SALARY DATAPOINTS

Post by dannyswo » Mon May 15, 2017 10:01 am

RedPurpleBlue wrote:
nunumaster wrote:Someone turn this into a spread sheet

Here you go.

Let me know if you have any advice for improvements. If this can make it to the OP, I can edit as people post. Not a big fan of allowing others to edit on their own (trust issues, yo).
Hero.

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Anonymous User
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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Mon May 15, 2017 5:20 pm

a) fed govt
b) 3-4 years out of law school
c) secondary market
d) $120k + fed govt benefits (pension, TSP, insurance, etc)

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Mon May 15, 2017 5:37 pm

In house as underwriter of niche insurance products (quasi legal)
2-3 years out
NYC
Hours are generally 9-6 and rarely includes nights and weekends
$130-150k base with about 15% annual bonus
Health insurance and 401k but no match

Couldn't be happier. What a sweet gig compared to firm life.

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Sun May 21, 2017 9:33 pm

a) what kind of legal job/firm/office they work at -- boutique patent law firm
b) how long they've been working there -- 3rd year here
c) geographic area -- Southern CA
d) yearly salary -- $120k (this is on the high end of associate salaries for the number of years at the firm as far as I know; note with caution)
Bonuses ranged $4-5k

401k, full health and dental (no vision)
Quota: 1750 billed (not billable) hours but flexible on this as long as work quality is good

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Re: LEGAL SALARY DATAPOINTS

Post by Anonymous User » Fri May 26, 2017 12:23 pm

a) small business & entertainment firm
b) 1+ year
c) NYC
d) $70,000 + medical

Seriously? What are you waiting for?

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