Am I being aggressive in asking for a $10k raise? I’m at an elite boutique, entering my third year at the firm (5th as an attorney period). My total comp is $125k. The firm made about $4.5M this year - we have 3 senior attorneys, and I’m now the only associate. They’ve expressed to me several times they don’t want me to leave for another role solely for the money as they’ve had a hard time replacing associates (and one left). I produced about 500k in realized revenue this year.

likefunnyhelpful
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So many of you are focused on whether OP’s firm is actually elite. 🙄, such a classic attorney move. Answer OP’s original question and save your prestige obsession for another thread.

OP, for what it’s worth, I think your pay is low but justified based on your collected revenue.

Sounds like you have decent wlb. However, I’d consider looking for another job if you want a significant bump ($10k is not a significant bump).

likesmarthelpful

Agree 100%

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OP be VERY careful about the numbers supplied by responses to this post. I noticed that no one included the geographic region in which they live. Very few people remember that your salary is based (in part) on your market and this bowl appears to have a large number of attorneys from HCOL areas like NYC and California. That is going to dramatically skew the numbers and respondents typically forget that their reality isn't everyone's.

To get a true answer, I'd encourage you to update your post to include your location and do your own market research to help you understand what the salaries are like in YOUR market. That will give you useful data points to help you understand if your ask is reasonable and you'll be able to present this data to your firm's leadership when you make your case.

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Location isn’t relevant since we know OP’s collections. Using the rough 1/3 of collections for comp is applicable regardless of geographic region.

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Can'thurt to ask. Furthermore, it looks like you are worth it considering the revenue you brought in and the firm seems keen to retain talent !

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Unless you are in a VLCOL area, I believe you are underpaid. Criminally underpaid if you’re in a HCOL+ area.

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Go for it. I asked for a $40k raise as a second year and got it within 2 hours.

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