Skilled trial atty new to PI after practicing as partner in PP and in-house job for past 20 years. A small PI firm in area w/average COA asked me to come join the firm--handling major/high potential files and helping with firm mgt. They offered $185k as base for 1st year but the commission is only 5% on fees over $1M. Good chance I hit $1M threshold first year but even if I hit it out of the park with $2M that will only result in additional $50k. Seems real low. Any advice would be appreciated.

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I’m in a HCOL area so maybe it’s hard to compare but I’ve been in PI 8 years and I make substantially more than that. And my responsibilities don’t include helping manage the firm. That base is too low for your participation on the fees not to start until after 1M. It should be every case.

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That’s what I thought, but having no had real means to compare . . . so I appreciate your insight very much! Any advice on what my counter offer on fee participation % should be? The PI Firm appears to really want me to come on board.

Meant to say average cost of living/COL.

I'm in LCOL and it's 10% over the 1 million mark

I countered with 5% up to $1M and 15% over $1M

I think your counter offer was more than fair and was definitey going to be what I would have suggested. That is a really low pay for that area and your YOE. I hope they accepted your counter offer OP.

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