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"Overall in firms of more than 700 lawyers salaries of $160,000 accounted for 46% of reported first-year salaries, compared with 54% in 2011, 58% in 2010, and 65% in 2009," according to the NALP.
General counsel salaries stagnated and bonuses slumped amid the COVID-19 pandemic and an unprecedented year of upheaval. But while the overall pay landscape was gloomy, legal chiefs in certain ...
Lawyers are among the highest-paid individuals in the United States. The median annual salary for associate lawyers is in the six-figure range, according to the Bureau of Labor Statistics. Lawyers ...
The law firms' salary announcements have also all included year-end bonus figures ranging from $15,000 to $115,000 by class year.
New York law firm Milbank has once again increased its attorney salaries, after it helped spark raises across the legal industry when it boosted its pay scale for associates last year.
Other mean salaries for other types of lawyers include $237,370 for attorneys who work in management of companies and enterprises, according to the U.S. Bureau of Labor Statistics in May of 2023.