How much do partners make? The average at larger firms tops $1M, survey finds
Image from Shutterstock.com.
Partners in the nation’s top 200 law firms earned an average of $1.054 million in 2019, an increase of 10% from 2018, according to a survey released Tuesday.
Average compensation for equity partners was $1.39 million compared to $432,000 for nonequity partners, according to the survey by legal search firm Major, Lindsey & Africa.
The survey, available here, used an online questionnaire hosted by legal market data company Acritas. A press release summarizes the findings.
Although female partners earned less than male partners and minority partners earned less than white partners, the pay gap is narrowing, the survey found.