Most of the nation’s lawyers work in small law practices, where compensation is neither as standardized nor as transparent as in the more rarified Biglaw universe.
Now, in partnership with our friends at iManage, we are pleased to present the results of our 2024 Solo & Small Firm Compensation Survey.
We heard from more than 750 lawyers, whose responses have been aggregated and segmented by demographic, including position, firm size, practice area, geographic region, year of law school graduation, and gender.
Download it for their insights on topics including:
- Total annual compensation
- Target bonus (as a percentage of base pay)
- Actual bonus received
- Average raise
- Percentage of total compensation based on collections
- Percentage of total compensation based on origination fees
- Percentage of firm revenue derived from their book of business
Whether you are looking to benchmark your current pay, considering joining a small firm, or launching your own practice, this report should prove a useful resource.
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