If I know how many attorneys there are at my firm, how many equity partners there are, the hourly rate associates and partners bill at, and the yearly billable requirement is it possible to estimate how much an equity partner would take home on average? Or are there too many other factors? I’m just curious. Our firm is super open about how much everyone makes (from associate to C and B partners) but idk how to figure out equity.

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Probably not. You would need to know so many other variables - firm overhead (salaries of all staff, rent, insurance, retirement contributions, equipment, etc), is the equity partner responsible for covering salaries for his or her assistant, paralegal, etc., is there an origination component, billing/receivable requirements, other metrics that trigger bonuses (department performance, associate billing). Each firm does it differently, so based on the known factors you’ve mentioned, I don’t think you can. Maybe ballpark it, but that’s probably based more in industry data and geography.

There are Big Law firms in the metro areas around me where associates can make more than equity partners if the equity partner’s book underperforms.

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I know amount collected too

Agree with the comment above. Very probably too many variables for you to assess from outside. If money matters to you though, and we all have to live, makes sense to do what you can (reasonably and ethically) to make a good hunch. You should want to know where you are headed, financially speaking. Payroll is the top expense. Rent is a distant second. Pay attention and you will continue to improve your fix on the estimates.

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What's a C and B partner? Glorified senior associate is my guess but I'm curious.

C partners are basically senior associates who can bill at a partner rate and B partners are all other non-equity partners. We have like just a few A and C partners but over 100 B partners.

Equity would be everything left over after the other expenses. After salaries, real estate is typically the second largest expense for large firms.

I’m curious, OP. Why do you want to know the equity partners’ take?

Just for curiosity sake is all. I know an equity partner at a different firm and just wanted to know how mine compares. No real reason.

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