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

First off, how do they even know how many cases you will receive per quarter? Second, in order to make $25k on a 2.5% bonus structure, the “top attorney” would need to clear 1 million per quarter - using your average 1/3 contingency fee, that’s roughly 3 million in settlements per quarter, or 12 million in settlements per year. Sounds like bullshit to me, especially if it’s an associate.

What is the base salary and your personal generated bonus %?

likeuplifting

So different market but I think 32.5% on personally generated cases is major plus. I’m at 25% personal origination and would love that 7.5%. I also get nearly no additional compensation based on settled cases other than a discretionary bonus.

While I think my package in total and other perks is has been good for me for now, it really incentivizes you to spend half your workweek networking your butt off to originate cases. If you’ve got the personality type for it can be very lucrative.

I’m in California. I have been paid 5 percent on the low end and usually about 10 percent for my work done on my cases. My base as a new attorney was 85 and eventually was low six figures. I am currently at a firm that doesn’t believe in any bonuses now and barely pays me six figures (Woof need a new gig)

Seems low to me. Idk what stage in your career you are in, either. If it’s good experience, decent base pay, and you get some commercial policy cases, some surgical cases and not ALL smaller cases maybe give it a shot. You can always move if the money isn’t there. Remember. It’s a percent off the fees so on those small cases you’ll be getting a couple hundred bucks. Also you’re going to have to wait for the check to come in etc to get paid.

As far as the case load I guess it depends on your ability, experience, and current case status. Sounds like it’s volume. Curious about the quality.

like

I say why not. I think I saw 100k base pay. If you are getting policy limits and that many cases that’s not bad for now. It will give you tools to use in the future to either run your own show or make a jump to a new firm with that skill set.

like

I'm at $90k base with 3% commission, but caseload of 250-350 cases, works really well

like

My compensation in Colorado was 10% commissions (10% of attorney fees - 35/40%) which added up pretty nicely. 10% was junior level there. Some attorneys had 20/30%. I’d want to know if you had opportunity to switch to full commission and if so the rates offered

Similar to what I am getting. 100k base + 10% of gross recovery (essentially 25% of 40% fees).

Related Posts

What would an Econ phd with no corportate experience make in banking?

like

I have an offer for a senior technical accountant role in HCOL. The base is about 103K. But I'm required to work on-site basically every week day. Due to this, how much more % wise do you think I can reasonably try to negotiate for? Thanks!

like

I am having 4.5 YOE. Working as full stack developer having current pacakage 13.2 planning to switch now so how much pacakage should i expect and which all companies should I go for.

like

I'm a programs wildlife biologist meaning that I manage and do not conduct research. I work at a large well known non-profit in Louisiana and make 55k/year. Hoping to find others in this profession to compare with although I have not seen anyone from my field on this platform...

like

Could you help on TCS UK Onsite salary for C3A. Do we get part of indian salary also. Whether onsite salary depends on grade..

like

What would the in hand salary be for this compensation. Thanks in advance.

Post Photo
like

How does one tell their boss (owner of the company) that you are burnt out? The sheer volume of work is exhausting and I haven’t taken a true vacation as we are a small company so if something urgent comes to my email I feel like I must respond. I was given an additional title and more responsibilities last year as well but only a 3% raise for it.

like

I got an offer from Cigna are they typically open to negotiations on hourly pay? 👀👀👀👀 I just need like $3 more/hr… that’s it.

like

Has anyone have insight as to salary for a Sr. SIU investigator in the northeast with 20 plus years of personal lines and strong BI background experience.

like

At Big4 consulting with a TS/SCI - CI poly and 4 YOE. Skills include BI analytics and intelligence analysis. Currently at 85K, working 40hr weeks but I really just want more money and would be willing to work 50-55 to get it.

Where can I land a solid pay raise and what roles should I be looking for?

like

Hi all,
Recently gone through ICICI bank debt manager DSMG interview, HR told will provide non industry matching hike because my last switch was just 6 months ago. What should be the expected CTC? Currently working as collection manager at HDB financial services Ltd, CTC-5.1, Work exp-4.9Y.

Hi fishes,

I joined EY on 30th June of this year. And I got a VPB for 1 day. Am I eligible for hike as well?. If so, how much hike I will be getting.?

Thanks in advance.

like

Hi Team,

Below is my salary structure can you please tell what will my in hand salary monthly?

Post Photo
like
like

what is the yearly hike percentage in Ericsson..

like

What is salary for a Graduate Structural Engineer (1year) in Perth?

like

Got promoted from SC to M at boutique strategy consulting firm. Base salary $125K w/ 10% annual bonus if sales goal met. Is this fair?

like

Hi all,

What to choose from below:

LTI: 21.2 Fix + 10% variable (Role: Specialist: Software Engineer)
Infosys: 20.4 fix + 15% variable ( Role: Senior Consultant)

Experience: 8.3 Years
Skill set: SharePoint, O365, Power Platform

like

Anyone working in Sweden and know the salary range for a Business Analyst? Two years experience and thinking of changing job to another company?

like

More Posts

Moving to Nashville in December and just want to take a pulse. What are the best spots to get a feel for the city? Any favorite places I should check out? Thanks!

likeupliftingsmart

Can some one refer me for finance transformation role at Deloitte?

like

Hi everyone, I am locking for a job change . I have 8+ years of experience in hr generalist for 6 years and 2 years in knowledge management. My current package is 8.2 lakhs and expected is 12 - 15 lakhs, request you to please help me in fi ding a job in your organization

Hello fishes,

I need a referral in PWC for Salesforce Developer Role. I hve 2+ years of experience in Salesforce lightning Development. Please let me know if anyone can refer me. Thanks in advance.

like

Does anyone know of recruiting firms with a focus on Anti-money laundering? I’m foreign educated and newly admitted NY attorney with CAMS certification but living in Miami lol. I’m here, because my husband practices in SoFlo. Any recommendations? I don’t have any experience but have CAMS.

like

Can anyone recommend a powerlifting program? Goal is to up leg strength and maintain/aesthetic upper (don’t care for benching for max). Thanks!

🌟 Things to Do Thursday 🌟
What's happening in Raleigh? Use this thread to share events, concerts, holiday markets, or anything else that's going on in the area this weekend!

like

Why did Droga lose ancestry?

like

Why would you work as a Creative at any Publicis agency?

like

SOS in Fulton Market. Does anyone have the ancient MagSafe Power charger for an old MacBook Pro (2013 era)? Can I borrow til 5?

like

Whenever I see a dog I smile

likeuplifting

I started Adderall and have been drinking a ton of water, over 120oz a day. My throat feels thick, not like an alrgic reaction almost like a strep throat feeling and my ears are popping. This started when I started my douse, anyone experience this or am I just sick

like

hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

like

Hi, I am looking to be referred into some top consulting firms. I am a Project Coordinator at Nielsen with 1 YOE. I have applied thru various job portals but the application does not seem to be viewed or going forward. Would be really helpful if my fellow fishes can refer me. I will be happy to discuss further on this and share my CV. Have a good day!

like

What is the salary range in Infosys for Oracle apps project management for 9 years of experience? Current CTC is 18 lacs

like

Anyone working in global pricing & market access (P&MA) consulting? New to the field and conscious which firms are top in their game

like

Better reputation in life sciences/pharma: LEK or ZS?

likefunny

Hi fishes
I am very intrested in data science career plz someone suggest me from where/how I can start

like

Binance bought FTX. Com. Wow this is next level chess move by CZ. Crazy how things are moving.

likehelpful

Additional Posts in Personal Injury Lawyers

Anyone work in personal injury department for Morgan and Morgan in Orlando or any other central Florida office? If so, what is pay/salary for a 4th year? What can I expect case load wise? Easy transition from defense to Plaintiff? Any thoughts/experiences would be appreciated.

like

Thoughts on purchasing leads?

like

I currently work at a small PI firm in Atlanta were EVERYTHING is settled presuit. If we’re unable to settle, then it’s referred to another firm for litigation. This whole process seems very atypical to me and the attorneys rarely touch a file until the first liability offer is received. The paralegals handle everything from intake to drafting the demands. The attorney briefly skims (does NOT read) the demand packages and signs. Is this ethical?? Anyone else work at a firm that is run this way??

like

What’s the learning curve making the move from ID to PI? 6th year at an ID firm and just got an offer from a good PI firm, but just nervous bc I’ve never been on the plaintiffs end before.

like

🎇What’s your biggest win from 2021?

Drop it below, let’s celebrate 🥳

like

What are good KPIs for personal injury support staff?

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

Has anyone ever dealt with Geico UM case where they insist that a release needs to be signed? Geico extended our client’s policy limits but wants him to sign a release. We offered to sign an acknowledgment of receipt of funds but Geico said without a release signed, they will not issue payment.

like

4th year at a mid size PI firm. Got pulled from litigating MVAs to help this solo we hired start a med Mal/nursing home practice. 1 year in and it looks like I’m two steps backwards in terms of getting paid because we’re a year or more out from a lot of the fees hitting. I respect the solo a lot, he’s a mentor, but I’ve got kids and I gotta get paid. Trying not to burn bridges, but I can’t wait years to get cut in. Advice?

like

What is the typical raise and bonus a year? Thank you

like

Hello All,
I am finishing up my second year of practice as a lawyer. I transitioned to plaintiffs pi work from a boutique commercial litigation firm. I like the work and not having to bill. The issue I am having is managing volume. I have about 150 active files some pre-lit and the rest are in litigation. Cases range in value from very small to low six figures. I also take the driver seat for the grunt work on the firms bigger cases which are at or near 7 figure value. I constantly feel (cont.)

like

I want to start my own PI firm. What should I know? What should I do? What should I read? Thanks!

like

I have a dumb question... I have my first jury trial coming up in a few months. It's a 3-day auto accident trial. I'm the plaintiff attorney. My question is, should I have my client present the entire three days, or am I okay to tell them that they're fine to leave after they testify?

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

Anyone read Reptile? Is it worth it? I’m making a move to plaintiffs work after 7 years in ID and am trying to learn more about plaintiffs strategy.

like

Thinking about starting my own plaintiff shop. What’s the best way to generate clients with a low marketing budget?

like

What do you guys send as gifts to referral sources for attorneys and/or former client referral sources?

*Assume in my jurisdiction there are no ethical issues associated with this

likehelpful

Anyone know a Connecticut or 2nd circuit case for this rule? I can’t find one to save my life. A defendant generally is liable for all harmful results that are the normal incidents of and within the increased risk caused by their negligent acts. If a defendant's negligence was a substantial factor in producing the plaintiff's injuries, the element of proximate cause has been satisfied and the defendant would not be relieved from liability for those injuries even though another force concurred..

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