Anyone doing first party insurance coverage work willing to share their salary. Rising 3rd year at a large firm with 1,950 minimum. Just had my annual review and was told I’m getting a 30% raise. My gut says that I was drastically underpaid last year and they don’t want me to realize that and leave but my ego would like to believe I was just that much of a rockstar.

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This happened to me once and it turns out it was because they gave me an additional year of service credit so I went up to the next year's scale. In your situation they are almost certainly underpaying you and grooming you to be a partner. They're going to try to convince you that you're better off with them for less money than you can make in Big Law. Just go into it with eyes wide open.

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Why would you leave because you were underpaid last year if it has been resolved going forward?

Never said I was leaving, I was just curious.

Hard to answer without knowing your geographic location. Look up a salary calculator.

I do think it's a great sign you're getting a market adjustment. Seems they're trying to do the right thing. Now you have to make sure they didn't just do the bare minimum and adjust you to the bottom of the range.

SF insurance coverage associate at a midsized. In my 3rd year I made something like $140k base. Ain’t much money in coverage..

What is an SF attorney?

2nd year partner. Chicago. 3rd and 1st party coverage (carrier not policyholder). $195,000 base. Coverage is the poorman’s commercial lit. I wish I hadn’t conflicted myself out off the insurance recovery groups by taking this gig as a young associate. Womp.

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