National law firm partner salaries

(12 Posts)
Wizotto Thu 27-Oct-16 16:12:38

Does anyone have any idea of the salary range for salaried partners at national law firms (can only find info on city law firms)? Thanks

DragonMamma Thu 27-Oct-16 17:32:53

What geographical area? Roughly?

Wizotto Thu 27-Oct-16 19:59:59

Berkshire and Oxfordshire area if that helps...

DragonMamma Fri 28-Oct-16 18:39:36

I would say around £60-65k+

DragonMamma Fri 28-Oct-16 18:40:26

Sorry, in terms of range, assuming salaried partner I would say that would go to around £120k

Ifailed Fri 28-Oct-16 18:40:37

which aspect of Law?

atticusclaw2 Fri 28-Oct-16 18:45:47

I am in the east midlands in a city.

My previous international law firm started salaried partners on about £80k (employment law)

My previous large regional law firm started salaried partners on 70k

DH's national starts salaried partners on £75k. Bottom equity are on £100.

atticusclaw2 Fri 28-Oct-16 18:50:07

I took a pay cut when I went from senior associate to partner.

Senior associate was £78k plus health care for whole family plus 8% pension contribution plus bonus if I hit my hours and fee target which was generally between 5% and 7%

Partner was £80k with no employment rights and no pension/benefits. Plus a whole lot more in terms of stress and crappy admin/politics.

SlipperyLizard Sat 29-Oct-16 20:13:52

I think it depends on the type of firm, I'd expect the addleshaws, DLA and eversheds type firms to start c £100k in the regions for salaried partner.

MillieMoodle Sat 29-Oct-16 20:18:52

Approx £60-65k for a salaried partner as a starting point, I would say.

HereIAm20 Tue 01-Nov-16 19:24:09

£100-140K for salaried partners

Bottom equity £180k - top equity £320K

Firm with £40m turnover and 30 equity partners over 4 offices

HereIAm20 Tue 01-Nov-16 19:26:19

As atticlus says above sometimes there are benefits at staying a Senior Associate over being a salaried partner, or salaried partner over bottom of lockstep equity due to other benefits such as pension payments and without the added expense of paying in capital or interest on a loan for capital contribution.

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