Some “insurance defense” firms (and I put it in quotes because most firms don’t just represent insurers) have an egalitarian approach to partner compensation. It is based in part on what the individual partner bills every year, but also on the money he can leverage through pushing work down to associates and paralegals. Nobody makes more money just because their name is on the wall or they have been there for 30 years. You have to produce.

I am speaking only from my personal experience. Not all firms are like mine.

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Posted by LSUandAU

Key West, FL & Malibu (L.A.), CA

Member since Apr 2009

5081 posts

Posted on 12/27/23 at 7:05 pm to LaSalle

In-house corporate lawyers, in all practice areas, are collectively the highest paid group, receiving generous salaries, annual incentives/bonuses, company shares, generous benefits, etc. They don't have the billing and production hassles of the law firm lawyers...which is why many run to the corporate world.

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Posted by I20goon

about 7mi down a dirt road

Member since Aug 2013

13338 posts

Posted on 12/27/23 at 7:40 pm to LaSalle

Billboard.

They're stealing their client's settlements and laundering it through Harrahs

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Posted by natsoundup

Simpsonville, SC, Jupiter, FL,

Member since May 2013

367 posts

Posted on 12/27/23 at 7:42 pm to Slippy

..but you still have to live in that shithole

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Posted by Mushroom1968

Member since Jun 2023

1660 posts

Posted on 12/27/23 at 7:51 pm to LaSalle

I sometimes wished I could have been a criminal defense attorney. I want to be able to build a case, yell in the courtroom, yell “OBJECT” get fussed at by judges, and high five my client when found innocent

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Posted by Giantkiller

the internet.

Member since Sep 2007

20672 posts

Posted on 12/27/23 at 7:54 pm to DownSouthCrawfish

quote:
You gotta respect Gordon’s billboards. He has zero shame.

Oh the Bible quotes are the lowest, most disgustingly vile thing I’ve ever seen a lawyer do. It’s laughable but equally sad. he walks around town like he’s some kind of prestigious legal magnate. It’s so gross.

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Posted by zippyputt

Member since Jul 2005

5824 posts

Posted on 12/27/23 at 9:39 pm to LaSalle

LINK

ABA article about salaries.

This post was edited on 12/27/23 at 10:21 pm

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Posted by SalE

At the beach

Member since Jan 2020

2452 posts

Posted on 12/27/23 at 9:42 pm to LaSalle

In BR...maybe a lawyer that owns the billboards...

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Posted by Obtuse1

Westside Bodymore Yo

Member since Sep 2016

26143 posts

Posted on 12/27/23 at 10:25 pm to TigerGman

quote:
Define "good money"

Phelps and Jones Walker are second 100 law firms I don't know their PPEP off hand but you can guess the average partner comp is over $1 million.

Some of the Am Law second 100 have profit per equity partner higher than some of the Am Law 100 so it might well be higher than $1 million average but figure around $700k on the very low end of the averages for all the firms in the Am Law 200.

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