How does your comp structure work? Curious to see how my set up compares. PI side. Get a % on the fee that comes into the firm on cases I settle.

like
Posting as :
works at
You are currently posting as works at

30% net fees on work originated. 50% to split between myself and referring attorney. Up to 4% on work completed.

like

A few 5 figure, pre-suit cases on my docket (strong liability) to keep the cash flow.

Slightly more 6 figure matters, a bunch of low 7 figures, and a few 8 figures.

Depending on the amount of in-progress and near-resolution cases an associate is added to when they start here versus brand new cases that will obviously take longer to resolve, an attorney could clear 5-25k fees in their first year or so, or they could turn 100k if they’ll scoop a 25m verdict

I get a base salary, plus a percentage of the fee on every case I settle. The percentage is higher if I generate the case myself.

like

What is the percentage?

like

First year was a base + 5% of fees on settled cases, year 2 is 15% w no base. Year 3 will be 20% and after that my percentage is open to negotiation.

Related Posts

Hi sharks,
Please help me calculate my in hand offering, without any tax deductions. (I'll plan for investments accordingly)
Yoe: 1.7 yrs

Post Photo
like

How much % yearly hikes MasterCard give to its employees for average performance?

like

Anyone here from IT Distribution like Ingram Micro SYNNEX Arrow Electronics etc @

What's your total Comp: Salary/Bonus structure look like and area of the business that you work in (Sales Rep, Business Development, Product Management etc)?

like

Hi fishes, this is for my younger brother. If you have less than 4 years of experience and earn upwards of 18 (fixed) LPA, can you please share your tech stack ?

Also it will be great if you can put some light on what tech do you think will be in demand in next 5 years?



Ps: what do you think of a Java developer?

like

If we missed to submit timesheet for first fortnight still we will get salary or not? In Accenture

like

Hi All,
I have below offers. Could you please help me to choose best.

MasterCard : fixed(21L) + Variable(2.1L)
Mphasis: Fixed(25.5L) + Variable(1.3L)

Please suggest.

What's the salary range of a SAP FICO Consultant (5-7 yoe) at companies like Wallmart, Mercedes Benz, Autodesk? Can anyone please enlighten me?

like
like

What is the entry level salary expectation for data analyst in Mumbai please share your thought also...

Hi Fishes,
I have offers from below org. with almost same CTC-
Birlasoft
Atos
Wipro

Tech stack- ETL developer
Exp- 7 years
Immediate joiner

Kindly suggest which one is better?

like

Hi GL people ,
Are people who joined in this September are eligible for financial year increment that will happen in March 2023??
Thanks in advance .

like

I need help figuring out if I’m being underpaid. I’m working in real estate private equity and I focus on fund models and property valuations. I’m currently at base $80k and 20% bonus. On top of that I have 5 years experience and a masters in finance. I’m good at my job and receive positive reviews from everyone. I feel like I should be compensated better but the company says that’s what they think I’m worth. Any help or insights would be great!

like

Expected pay for an Investments Analyst in NY? (Large REIT, 1 YOE)

like

Hi guys,
What's the annual hike at band 601 in CB LOB. How much time it takes to get promoted to next level 602. How much will be the annual bonus at 601 level & percentage hike we will get at the time of promotion.

like

Hi, I have two years bond for two lakhs
Served 1 year 3 months yet.
No project
Found a job for 6 lpa
Current package is 4

How to break bond without paying much bond amount
How much shud i be paying if I have to
Should I wait for the hike ?
Do they really give you a hike after 18 months???

like

Hi,

What is the salary range of a Technical Writer with 5.6 years of experience?

Thanks in advance.

like

How much will be Gratuity ?
No. Of years served : 7

Post Photo
like
like

Hi folks,

I have 8.9 years of tech writing experience. How much CTC should I be expecting when I join a new company. My current CTC is 20L pa (18.75 (fixed) + 1.75 (variable)).

What is the common salary of a Java developer in Canada?

like

More Posts

I started doing the 90 min waking rule for when to drink coffee and I’m wondering if it’s all fluff, thoughts? I use to look forward to it.

like

Anyone here an EA for Meta willing to talk about their Salary & how many exec they support. I’m feeling super lowballed 😩

like

Hi All!
Anyone from the insurance industry based in Jakarta, Indonesia? Would be happy to connect/network over coffee

like
like

Hi folks,

Can you please suggest me one best wireless airpods?

like

If anybody is aware of global compliance process for international travel request, kindly help me with the timeline and while process?

I have already uploaded COC Application onto EPFO portal after verification from TCS compliance team and now status shows as waiting for employer’s approval.
Does anyone has idea how long more will it take to complete this and what are the next step?
My travel date is in the second week of November and other clearances are dependent on this check.

I have an old 2006 Camry that I am eventually looking to replace (it is currently worth 2k). Have always wanted to learn about cars and how to do stuff with it and would like to use this car as an opportunity to pick up a hobby. What resources can anyone suggest (books / videos etc) where I can do car-related stuff, from the simple to hopefully more complicated as I get better. Thanks

like

SD🐠🐟 How is everyone holding up? My Fiance and I are volunteering with Team Rubicon tomorrow!

Where do you like to go in person clothes shopping? Which stores? (I.e., ponce, Atlantic station, Lenox, etc.)

like

What is the potential contract rate or full time salary for a python full stack developer in Toronto ?

like

Currently preparing for a final round case interview at the director level for a CVS Health graduate summer internship. Any tips or things I should look out for/emphasize? First time making a final round. Thanks in advance.

like

Do VISA has 4 weeks work from anywhere policy? Do they have any flexible timings, I am going to join them in May but little skeptical about flexibility meanwhile I have got the offer from Mastercard so I am confused.

like

Do we get Salary when we are Serving in notice period in Infogain ?

Looking to improve general communication skills (especially around structuring narrative/ key messages), any books/courses that you would recommend?

like

What has been difficult for you in the endeavor to complete half your deen?

like

Anyone else experiencing burn out from calendars being un-realistically moved up? We used to start spring costing in may !

I was on costing calls with my Vendors until 3am negotiating costs and had to be up at 6 am for a call with Pakistan vendors. Only to then work a full day and have another late night call tonight … it doesn’t end. 🫣

like

Can a company from US hire a dev from India directly? On usa payroll?
Or would there be legal issues in doing so.

like
like

Additional Posts in Personal Injury Lawyers

I received a job offer from a PI firm (MVA and tractor trailer cases) in Houston, Texas; the bonus proposed was 2.5% of attorney’s fees for any cases settled each quarter. We are assigned 50 cases a quarter and the top attorney clears $25K each quarter. This is my first time working at a PI firm. Can anyone share any guidance? Is 2.5% industry standard? Is it realistic to settle/resolve that many cases? I am trying to learn more about this niche before I counter-offer and attempt to negotiate.

like

Bad faith lawyers out there- do you have success getting extracontractuals with blown policies that were achieved via technicalities or borderline deceptive set-ups? Do juries punish a carrier when their check is lost the mail due to a hurricane and a day late or some poor defense attorney accidentally left one line off of a release?

like

🍂November JOB THREAD!

Do you know of an opening or opportunity?

Share it in the comments below! Help another Fish. 🤝

like

What are good margins for PI associate attorneys; i.e., what should they make for the firm compared to what the firm would/ should pay them?

like

What’re the primary differences in PI when practicing in NJ v. NY? Benefits? Drawbacks? Which do you prefer?

likehelpful

What's your preference for plaintiff's side? Steady pay at approximately $120k with no bonuses, or a base salary of $70k plus a cut of what you close over a minimum threashold? Midwest-ish market. In both situations, you get a cut of what you bring in.

like

What time do you all go to bed/wake up? Told a colleague I went to bed around 1am every night and they just about gasped (as in that’s so late)…now I’m self conscious?

like

What kind of split does your firm give you for bringing in cases? Trying to negotiate with my firm for an increase. Currently, I get 15% plus my base salary.

like

Does anyone like ID work? Currently doing work at a PI/Medmal plaintiffs firm while in school and trying to figure out where I’ll be happiest post-grad. I LOVE it, but don’t know if ID will provide more security. For context, I had a, albeit, short career prior to law school and will 30 when I graduate in May. Comp and WLB are important given my later start.

like

I am a personal injury defense attorney and I’ve never done plaintiff’s work. I have a case where I suspect the plaintiff is malingering and exaggerating his injuries. The plaintiffs attorney has sent me multiple demands for $3 million dollars and basically begged me to respond with some offer. I’ve told him the truth - my client has no interest in trying to settle if his demand remains about twenty times higher than the actual worst case (for us) jury verdict. More in comments...

like

I know this is a broad question but how much should a 3 year PI attorney going into their 4th year make approx. I’m in Chicago, a range is fine too.

like

What metrics do you think are most important to measure for success of a Plaintiff’s firm? Obviously revenue, but what else is at the top of the list for you?

like

First PI case. Just got defendant’s discovery back. I asked for all policies to see any potential coverage and was just sent back the 2-page dec page. Is that normal? What is my response/objection to this?

like

Definitely going to be a noobie question!

My client's medical provider asked for his PIP ledger: how do I get that? Just send a LOR to the carrier and ask?

like

Any NY state plaintiffs lawyers regularly handle $25k policy MVA cases? Any tips for profitably handling these? Thanks!

like

Chicago attorneys: what is the base salary of a 3 year associate? What % of fee do they get on cases they bring in? Do they get paid any money on cases they’re working on but didn’t bring in? I know it varies, looking for info based on personal experience/knowledge.

like

Any Seattle/Tacoma PI attorneys out there? Thinking of making a move to PI from ID. Would love some insight on what a reasonable base / comp. Structure should be. 12 YOE.

like

I'm a 6th year attorney in NYC. Strictly defense work; started out with the City Law Dept, did a year and a half of med mal/construction, and for past year and a half have been at a well known defense firm working on high exposure construction accident cases. Contemplating taking a couple interviews at plaintiff's firms to see if there is a good fit. Does anyone have any advice on how approach discussions about compensation and what a market level comp package would or should look like?

like

I’ve done PI work my entire career for over 10 years. I’ve worked in state and federal courts and I’ve traveled around the country doing MDL work and bellwether trials. I’ve had a lot of success making the idiots I’ve worked for wealthy, but I’m still waiting for a moment where I enjoy what I’m doing. I feel stuck working in dysfunctional plaintiff firms/cultures. I hate this profession/career more and more each year. Has anybody been successful breaking off on their own in recent years? Advice?

like

Ethics Q: my client created fruaduant medical documents in order to try to recover extra benefits from her injury. My thought is to settle her case with insurance company for whatever nominal amount is offered ASAP. However, this might be lower than her case is actually worth despite the the fruad. I would rather end representation as soon as possible. Thoughts? California ethics apply.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal