National law firm partner salaries

[Wizotto]

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

What geographical area? Roughly?

Berkshire and Oxfordshire area if that helps...

I would say around £60-65k+

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

which aspect of Law?

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.

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.

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.

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

£100-140K for salaried partners

Bottom equity £180k - top equity £320K

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

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.