Entering 6th year of practice in corporate and commercial real estate. Just got notified of salary increase for 2023 is 5K. Midsized firm. Billable target 1800 hours. Been told I'm doing great, really appreciated, etc etc.

Not really pleased with this but also don't want to be ungrateful. Is an increase so minimal standard?

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5K yikes. I had this exact same experience last year. I switched firms.

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Compression like that is common for downmarket places that try to match close to biglaw for first years

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I would take some interviews. Never hurts.

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In mid law, yes. I would let supervisors know you are displeased and specify how they are fucking you value wise. Then look around. They can’t then say they are surprised when you bring them an offer above current pay.

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Take interviews. And seems like most firms are pushing the goal posts for higher salary increases to doing more than what the job entails (i.e. making the job your life, etc.)

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Not unheard of in mid law but yeah it's not that great. I would do some interviews to shop around and see what you can get, but I'd also keep expectations low of what mid law can really offer you on that end

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