5th year attorney at a boutique commercial kit firm. Billing 1600 a year, base is $124,800, billing at 400 an hour. Is this too low?? Is a 15% origination credit too low?

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Credit seems okay but your base is low

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Generally should be 1/3 of whatever you're billing depending on a lot of factors.

So let's say: 300/hr and your bill 1800 hrs. You billed $540k. A third of that is 180k. You'd top out at $180k.

Member's calculus also makes sense.

It is common for your base to be calculated at a third of your collections. I am a paralegal at a boutique in a HCOL city and make about the same salary.

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I love to hear paralegals making more than $90k a year but it’s also confusing because I’ve busted my ass to be a lawyer and I have more responsibilities than a paralegal <\3

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What do your bonuses look like? I'm 1600 billables, 3YOE with 140k base, billed out at $300/hr, commercial lit

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Correct

What city are you in?

Base seems low. Can you ask for a raise?

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