2nd year Biglaw 225 salary + 30k bonus

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Congrats!!

What is big law? What do you do at your job?

It is a reference to the largest and generally most prestigious law firms that pay in accordance with a market standard called the Cravath scale.

Firms have a variety of practice areas but they are usually corporate focused and higher ROI. Biglaw doesn't do much family law for example.

Personally, I do largely defense-side patent litigation

Biglaw is generally considered a very hard job. It has no set hours and you are generally expected to be on call. The day to day is more flexible but attorneys have a yearly billable requirement and usually for Biglaw it is around 2000 (this is hours spent actually proactively working on cliemt work, not total hours worked).

At associate level Biglaw starts with a total comp of around 230k and ends at 540k with essentially guaranteed and built in yearly raises on a public salary scale. The bonus to actually salary increases as you get more senior and you generally must hit the hours req to qualify for the bonus. Many top Biglaw firms have an average of 3m+/year comp for partner level attorneys

Biglaw comp is entirely in cash. No stock. No vesting schedule, etc

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Congrats. Big law is the way to go for attorneys who want to not be in house counsel

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