I’m preparing to renegotiate my employment terms. I’m a 8yr associate with trial experience and combined verdict/settlement north of $25mil. How much should I be asking for? Due to COVID, I took a huge ($30k) pay cut to leave my previous position.

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A higher percentage of your fees. Not sure of your current arrangement, but that is typically what I request.

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I'm the same as attorney 3, 7 going on 8 years, 95k, 3%, all prelit, caseload of about 250-275 cases

What state? 8 years, $25M, low 100s… let’s talk!

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California

Low 100s for an 8 yr experienced PI attorney is extremely low, esp if you’re in the LA market. Hopefully you get a substantial increase, I wouldnt disclose prior salary to recruiters but target 165k and up.

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I feel underpaid in the market but then I read this.
8th year, 175K, discretionary bonus, and 5 points on my cases.

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Ah ok, that’s a nice firm!!

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Sorry *an 8yr lawyer

Where do you go to find "Of Counsel" opportunities ?

I used to work at the firm as an associate, left on good terms and went back as of counsel, but a lot of firms seem to have of counsels now.

You bring in 25m in fees per year? That's incredible. You should be getting between 10-15% of fees to start.

In PI, it's my philosophy that it doesn't matter how many years you've worked. You can ask for better cases or a different percentage, but if you're bringing in 25m per year in fees you should be bringing in a lot with your percentage.

No, not 25m in fees per year. 25m+ in verdicts/settlements in the last 5 years.

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