I’ve heard recruiters say senior associates can become “too expensive” for the market. Is that actually true? I'm getting worried about how long it's going to find a new role now.

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

If you are shooting for Cravath-scale salary, you get too expensive after 7th year. Around 8th year is when law firms will funnel Associates out of lockstep and actually make you take a significant pay cut to stay around. Even if made partner, you may take a pay cut.

smart

So much of that is very practice, firm, and position dependent.

If firms are looking for lateral associates in the 2-7 year range, and you are more senior, you may be dinged as a candidate because your anticipated salary expectations will likely be over the budget they allocated for the position.

That certainly applies to market paying firms/larger firms in general (there are other seniority related considerations that I won’t touch on).

It may not apply to smaller or medium sized outfits.

You have to look at which recruiters are saying it. Those that focus on Big Law or market paying boutique often say this partially because it’s true and partially because it’s a sales tactic to push their coveted “no moves” unicorns to test the waters.

I would be more concerned if a more general recruiter who has a good handle on a specific market was saying that.

Related Posts

like

How can i get my entire relocation allowance, as I would be shifting from Pune to Banglore and company is offering me 1.5Lac for relocation.
They are asking for the bill.

like

I’m have a new theory about why juniors always feel like idiots and wanted to see if anyone else thinks this makes sense. I’m a third year, and am the most junior person all of my teams (generally me, a senior or two, and a partner or two), and I always feel like I’m messing something up. Is this just because I never get to work with other juniors and don’t see the mistakes they make, and that it’s relatively normal? And FWIW I went to HYS and I’ve had a clerkship so it’s not like I’m not smart

like

I’m debating to join Locke Lord Dallas in transactional. I’m looking to stay at the firm long term and would appreciate any information y’all have. Please be as candid as possible.

like

Hi

How to get resume shortlisted for product companies as I am trying for years now 😞?

like

Audit > FDD > t15 MBA > BB IB

Thoughts?

like

When, if ever, do you add “Esq.” to your name outside of work?

I’m currently in a minor dispute with a company over a credit card overcharge and am wondering if I should have added “Esq.” to my signature in my complaint email lol.

likefunny

Best way to approach networking with MBB if I am planning to apply for roles in Jan 2024 (1 year from now). Do people start with their school alum and get referred to partners?

like

Candid thoughts on the Ogilvy LA office?

Getting an opportunity to move from ZS Associates India to IQVIA UK. Can’t compare the pay because they are quite far apart (ZS pays much more than IQVIA). Thoughts on moving from ZS to IQVIA in the long run?

like

FAANG is now MAMAA (Meta, Apple, Microsoft, Amazon and Alphabet)…Whoa Mama! As if there weren’t enough acronyms in our lives. Happy Friday All!!!

funnylike

Planning to file tax return in India. What are the considerations? I used to upload firm 16, add investments and file it until last year before I moved here. Anything else I need to think about?

like

Looking to do a department change. Does anyone have experience in Pathology? I have an interview as a pathology assistant. What can one expect working in that environment? Is it fast-paced? I attached is the description…

Post Photo
like

Hi, I’m interviewing for Laboratory supervisor positions at ARUP in the Salt Lake City, UT area. I have less than 2 years supervisor experience and I would like to negotiate if I get any offers. What are other people experiences/ salaries in same positions? Thanks!

like

Book recommendations, fishies? Looking for something light, but intellectually engaging—a satire, maybe? Or anything really engrossing! Please help ya chiefy, thank youuuu🤗😘

like

Anyone have insight on working at Altman and Vilandrie?

like

When employees get to know their annual increment in BOA and from which month it will start calculating as per revised ctc??

like

Lot of fear in the market right now (understandably so). The situation in Ukraine is awful and the potential consequences are scary to think about.

There are some who want to sell in fear of their investments falling further. Do not do this. Hold and continue to buy more. Continue your 401k contributions, and add whatever you can afford after every paycheck into your brokerage. Those who sold the covid crash were often late buying back in.

This is the dip you're worried about.

Post Photo
likehelpful

Additional Posts in Law

How do you wind down after a rough day?

like

Anyone suiting up for the office?

I’m in Chicago, and I feel like I’ve been seeing a lot more suits in the loop.

like

Shout out to @nonequitypartner. We see you. Keep up the good work, and pls fix, thx.

likefunnysmart

Anyone here work in litigation for a few years after law school, and then leave to clerk for a federal judge for 2 years? If so, did you have any difficulty finding a job at a law firm for after the clerkship is over / did this set back your career progression law firm-wise at all?

like

Alston & Bird LLP Does anyone have any insight into associate pay, bonuses, min billable hours, and general work/life balance at Alston & Bird LLP? (DC Office)

like

Well I learned my lesson. Never work with Wells Fargo. Any good banks I should switch to?

like

California 🐟 does your vacation payout when you leave your job get taxed at regular wage, or bonus, levels? Does your employer have discretion to choose?

like

Advice Request: Started my career litigating. Switched to niche transactions (so about half and half at this point). Halfway through a year long sabbatical and reevaluating what I want to do (left before jumping to Senior associate). I’d like to get into litigation again in a practice group I don’t have experience in. Any suggestions on how to do this? How to approach firms and partners etc? Past 2 firms on my resume are top 30.

like

Anyone at Pryor Cashman have intel on firm culture, work/life balance, and comp?

like

Transactional junior associate in biglaw. Working for a dedicated practice group rather than in an associate pool. For the past few months, I’ve been loaned to another practice group for a good chunk of time. While the people are decent and the hours aren’t terrible, I detest the work and don’t see a future in this new practice. My main partner says it should end in the next month, but I don’t expect that to happen. Is it a terrible idea to ask to be taken off?

like

Anyone know anything about Kauffman borgees or Traub Lieberman? Reputations, working there, etc?

like

How long did you have to wait from last round interview until offer? (Public sector)

like

How are 1st year litigation associates dealing with WFH? I’ve been having terrible anxiety/panic attacks, and pretty sure my billables wont exceed 110 for April. I’ve been super stressed about it and don’t know how to move on to May with the proper mindset to make up for as much time missed as possible. CA courts are still closed, and I’m worried I won’t be able to exceed (or even meet) my May goal after April.

like

Workout before (4:30 am) or after (6:30ish) work?

like

Is it okay to ask the recruiter if the salary quoted for the position offered to me is the cap or if there is room to negotiate? Not wanting to risk the offer going away so maybe best to not ask/negotiate?

like

Hi new here. Idk what my value is and if I’m getting paid an amount that reflects my hard work. I am a paralegal for a small law firm (family and immigration) w only 1 attorney. I have about 20 files or more in my rotation at a time. I work on various types of cases at once. Some are simple, others are extensive. I feel like it’s very unstructured and one of the managers micromanages. It’s like every man for himself. Take home pay is $50k. I am working on my bachelors deg. Do I get paid enough?

like

Tips on discussing reimbursement for travel expenses during the “interview” process? I was invited to travel to a different state to discuss joining a firm. Should I even bring up the topic of expenses , or just pay my own way?

like

How long is acceptable to ask to decide on an offer, especially when another place you really want to work at is moving a bit slower? I know this question has been asked before but I feel like 2022 has been its own beast in the legal market and would appreciate any advice. Thank you!

like

I am a federal government attorney (DOJ) with 2.5 years of litigation and bankruptcy experience. I want to break into tech companies/finance and apply for jobs @ Google, Robinhood, etc. Does anyone have any connections I can leverage?

funnylike

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