Solos And Small Firm Lawyers: What's In Your Wallet?
Today, we are launching the ATL Solo and Small Firm Compensation Survey. Help us help you!
We have close to perfect information about Biglaw firm salaries, at least at the junior levels. There are probably very few ATL readers unfamiliar with the graph depicting the bimodal distribution of lawyer starting salaries, with its spread of salaries on the left centered at $50,000 and declining close to zero at around $100,000. And then there’s that sharply pointed other peak on the right, representing the “weird cultural collusion” among the top law firms that fixes first-year associates at $160,000:
Yet for the overwhelming majority of lawyers at law firms, this level of transparency about Biglaw compensation is practically irrelevant. Law firms employ employ three-quarters of all attorneys and 95 percent of them have 20 lawyers or fewer. And there is a real dearth of reliable, detailed information on compensation for this majority. Mindful of this gap, today we are launching the ATL Solo and Small Firm Compensation Survey. Both law students looking to join a small firm as well as practicing attorneys looking to benchmark their own compensation deserve more transparency in order to make smart career decisions.
How Transactional Lawyers Can Better Serve (And Maintain) Their Clients
If you work at a law firm employing 50 or fewer attorneys, please take this brief, completely confidential survey, so we can begin compiling some hard numbers on solo and small firm compensation.
And please pass the survey along to any of your friends at small firms; the more responses we receive, the more reliable and useful the survey findings will be.
Thanks in advance!
Sponsored
AI’s Impact On Law Firms Of Every Size
The Business Case For AI At Your Law Firm
Generative AI In Legal Work — What’s Fact And What’s Fiction?
How Transactional Lawyers Can Better Serve (And Maintain) Their Clients
Law Firms Now Have A Choice In Their Document Comparison Software
