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Started By
Message
re: First Year Attorney Starting Salary?
Posted on 9/28/17 at 11:15 pm to boosiebadazz
Posted on 9/28/17 at 11:15 pm to boosiebadazz
quote:
And you have no leverage or recourse because the insurance company can always pull the account and find another firm.
People say Plaintiff work is stressful, the insurance civil defense world is extremely stressful to me. I'll stick with personal injury and criminal defense work.
0
Posted on 9/28/17 at 11:33 pm to boosiebadazz
You could always work for the state. Your entry salary would be 42k. However, if you’re not dead set on practicing, you could start around 55-75k because you’d ask for a 6.5g assessment. The 6.5 justifies a higher salary because you have an exceptional “qualification”. Obviously the baseline for an attorney is a law degree which nets you 42k. But, if you just want to supervise people, that law degree becomes an exceptional possession that will allow you to move into the 50th-75th percentile for pay.
There was a study done for LDH where it indicated an attorney that started their careeer in legal would earn <$250k over the course of their career instead of working as a manager anywhere else in the agency. Personally, I think the differential is likely greater...just consider entry level attorney at 42k v mid point mgr1a @60k....then multiply that starting differential times 20 Years.
There was a study done for LDH where it indicated an attorney that started their careeer in legal would earn <$250k over the course of their career instead of working as a manager anywhere else in the agency. Personally, I think the differential is likely greater...just consider entry level attorney at 42k v mid point mgr1a @60k....then multiply that starting differential times 20 Years.
Posted on 9/28/17 at 11:43 pm to Gnarkill
Younger bro makes about 30k coaching youth soccer with his j.d. and florida bar certification. Gonna take a while to cover loans at this rate.
Posted on 9/29/17 at 8:38 am to Gnarkill
There's a lot of people in this thread that have no idea what they are talking about.
Posted on 9/29/17 at 9:59 am to Murtown
quote:
There's a lot of people in this thread that have no idea what they are talking about.
Please enlighten us with your wisdom.
Posted on 9/29/17 at 10:03 am to Murtown
Yes, please enlighten us. I'm billing $250 an hour over here for these OT posts so you better make it worth my time capiche?
This post was edited on 9/29/17 at 10:04 am
Posted on 9/29/17 at 10:31 am to LoveThatMoney
quote:
No big law firm requires only 1900 billable. I declare shenanigans. You might not get fired billing 1900 hours, particularly if you're a specialist, but 2000 is the minimum they expect, and really, they expect you to do what they give you, which runs up against 2200 and 2300 hours. I know people who routinely bill 2700 plus hours. A few who have done 3000.
Eh, I know a couple that are 1850 or 1900 and pretty much mean it. A lot of it depends on your office I think. If it's stocked with dudes billing 2300, you're in a tight spot. Especially for relatively small offices for big Amlaw firms with only a handful of associates, I don't think it's that uncommon.
Posted on 9/29/17 at 10:34 am to LSUTigersVCURams
quote:
Yes, please enlighten us. I'm billing $250 an hour over here for these OT posts so you better make it worth my time capiche?
eh
This post was edited on 9/29/17 at 10:35 am
Posted on 9/29/17 at 10:48 am to Pettifogger
quote:
I know a couple that are 1850 or 1900
1900 is what I've seen to be the average for most small/mid sized firms in the South Louisiana area (absent a few exceptions in the NOLA area).
Posted on 9/29/17 at 10:50 am to FearTheFish
quote:
1900 is what I've seen to be the average for most small/mid sized firms in the South Louisiana area (absent a few exceptions in the NOLA area).
Yeah, 1800-1900 for transactional work, about 2000-2100 for casualty
Posted on 9/29/17 at 11:06 am to Jim Smith
this is all so subjective.
Honestly about 98% of it depends on your inherent intelligence, and your ability to interact with people. If you are the guy who can make friends with people even as your leading them to the gas chamber, and you are quick on your feet with a commendable work product (ie you should have gone to law school). you can bill 2250, work 1450, and make about $115k.
if you are the guy who eats lunch alone, and can't express your thoughts well on paper, you will need to work 2400, bill 1900, and make $67K
Honestly about 98% of it depends on your inherent intelligence, and your ability to interact with people. If you are the guy who can make friends with people even as your leading them to the gas chamber, and you are quick on your feet with a commendable work product (ie you should have gone to law school). you can bill 2250, work 1450, and make about $115k.
if you are the guy who eats lunch alone, and can't express your thoughts well on paper, you will need to work 2400, bill 1900, and make $67K
Posted on 9/29/17 at 11:07 am to nolaks
quote:The ethics board would like a word.
you can bill 2250, work 1450
Posted on 9/29/17 at 11:10 am to nolaks
quote:
Honestly about 98% of it depends on your inherent intelligence, and your ability to interact with people. If you are the guy who can make friends with people even as your leading them to the gas chamber, and you are quick on your feet with a commendable work product (ie you should have gone to law school). you can bill 2250, work 1450, and make about $115k.
This is quite possibly the worst advice I have read in this thread.
Posted on 9/29/17 at 11:27 am to nolaks
quote:
you can bill 2250, work 1450, and make about $115k.
You work for Bendini, Lambert, and Locke?
Posted on 9/29/17 at 12:08 pm to Pettifogger
quote:
Eh, I know a couple that are 1850 or 1900 and pretty much mean it. A lot of it depends on your office I think. If it's stocked with dudes billing 2300, you're in a tight spot. Especially for relatively small offices for big Amlaw firms with only a handful of associates, I don't think it's that uncommon
You're either flat wrong, don't understand what I mean by Big Law, or are dealing with people in small satellite offices who are specialists (like Employment Benefits attorneys or REIT lawyers).
AmLaw 200 is not Big Law. Adams and Reese and Baker Donelson and those types are quality firms (I've worked for both), they are not big law.
Vinson and Elkins, Latham Watkins, Kirkland and Ellis, etc. are big law. And unless you're a specialist, they don't expect 1900 hours. They expect 2000. And if you're good, they'll load you up with work to pump your hours up because they want to groom you for partner. If you suck, they'll slowly blackball you until you find somewhere else to go. You can bill 1900 at these places and maybe not get fired. Less than that and you'll be on thin ice. But you sure won't make partner. Most people I know who have made partner at these firms have billed 2300 plus every year they've worked.
ETA: and if you haven't made partner by year 10, most of these places force you out. If they like you, they may help you find an in house gig at a client.
This post was edited on 9/29/17 at 12:12 pm
Posted on 9/29/17 at 12:10 pm to LoveThatMoney
quote:
Most people I know who have made partner at these firms have billed 2300 plus every year they've worked.
I'd rather jump off a bridge
Posted on 9/29/17 at 12:17 pm to NIH
Nola BR is prob around 50-65 outside of the few big ones.
Posted on 9/29/17 at 12:27 pm to nolaks
quote:
Honestly about 98% of it depends on your inherent intelligence, and your ability to interact with people. If you are the guy who can make friends with people even as your leading them to the gas chamber, and you are quick on your feet with a commendable work product (ie you should have gone to law school). you can bill 2250, work 1450, and make about $115k.
if you are the guy who eats lunch alone, and can't express your thoughts well on paper, you will need to work 2400, bill 1900, and make $67K
You seem like someone who is easily influenced. And this is too litigation focused.
Plenty of awkward dorks do well in law. It's like people ignore that half the legal work in this country is transactional. And honestly, in litigation I see plenty of non-salesman lawyers who do well too.
Posted on 9/29/17 at 12:32 pm to nolaks
quote:
you can bill 2250, work 1450
Paging Mr. Plattsmier.
Posted on 9/29/17 at 12:45 pm to Pettifogger
quote:
It's like people ignore that half the legal work in this country is transactional.
I'd say much more than that - probably a 70-30 split (70% being transactional).
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