Single Office Firm Matches Salary Scale
More good news.
Choate Hall seems to always find its way on those “great places to work for” lists. Perhaps it’s the one-office outlook that places all the value on the people working right next door. Or maybe staying close to less of a pressure cooker market. Though it might also be a willingness to pay at the top of the Biglaw scale despite staying a tad smaller than its competition.
Hanging out in the high second hundred of the Am Law 200, Choate only boasts around $274,746,000 in revenue, but that’s a deceiving figure. The one-office firm also nets $3,243,000 in profits per partner and has a revenue per lawyer figure north of $1.6 million. Those are numbers the upper crust of the Am Law 50 would take.
We don’t have a memo for Choate, but tipsters have reported a full match of the new scale.
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(UPDATE: We’ve now received word that the scale goes up to $375K. We’ve updated the table accordingly)
Comp Year | Annual Base Pay |
2020 | $205,000 |
2019 | $215,000 |
2018 | $240,000 |
2017 | $275,000 |
2016 | $305,000 |
2015 | $330,000 |
2014 | $350,000 |
2013 | $365,000 |
2012 | $375,000 |
Congrats to all.
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.