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They pay market.
Coach
lol.
Heard it caps at 175k
Posting as a former LS associate. When I was there, market salary for first 3 years then black box. Beginning year 4, market or close to market if you consistently hit your hours but they’ve been known to advance your class year without giving you a raise if you miss hours so just missing it in one year can really knock you off market scale. That’s how they get ya, especially the more niche groups unlikely to ever hit hours. Base bonuses are tiered by hours with a big discretionary component. Highest billers will actually get above market bonuses, especially if you helped bring in business and are viewed as partner material, but most will fall well short of market the more senior you get. Also no difference in pay for NYC/NJ. Feel free to pm me with any questions.
Idk what it would be now but it was under $300k in 2020 before all of the raises. So I would guess it’s around $350-375k now
But bonuses is where they get you. It’s like 15k even for like 6th or 7th years
Curious about this, also heard it’s way below market.