I’m a 2016 grad making $120k in a small to mid-size regional firm. I’m based in Nashville. My firm’s management is trying to survey other small to mid-size regional firms to get a feel for where the comp is now, especially in light of the big law increases that are making headlines, and to see just how far below market we may have fallen. Any additional data points from smaller regional firms (especially if you have a presence in Nashville or across the SE) would be appreciated! TIA

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Fwiw, to enjoy the same standard of living in New York as you do in Nashville, you would need to make $430,000. Looked at in reverse, the $200,000 that biglaw firms are paying people in NY is worth $74,000 in Nashville.

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Nerdwallet compared only Manhattan while for some reason grouping Nashville with Murfreesboro Tennessee (an entirely separate and far cheaper city in Tennessee). https://www.bestplaces.net/cost-of-living/new-york-ny/nashville-davidson-tn/200000

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I know someone at a large regional firm (not am law 200) in Nashville making 165 - 2019 grad

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SA1 no, I don’t know the lockstep scale.

A couple details that would be helpful: how many attorneys? Is your firm AMLaw 200? Billing rates? Are they planning to pay at market or below? 120k for a 5th year is definitely below market. I’d say you should be making at least 150k, if not more.

Make sure they are comparing all of the data points: bonuses, health insurance, 401(k) match, etc.

What practice areas?

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