What do insurance defense partners make?

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Standard high volume car wrecks, slip and falls defense attys I have known lower in the high 100s-mid 200s. Then med mal, prof liability high 200s-400s. D&O, products liability, employment — 300s or more. Really depends on practice area, firm reputation with the ins company, how long they’ve been doing business, what the agreed rates are etc. More complex cases and class actions, pay more. You will see solos/small practices who do insurance defense and also major known firms. It’s such a broad area.

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Huge disparity. Anywhere between like 110k and 7 figures, depending on the type of work (insurance defense has become a very broad term), seniority, size of their book, and the firm they are with.

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At my old firm, my managing partner for my group made my annual salary biweekly

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Varies a lot. In my city for med mal defense I heard the highest paid partner makes in the 400’s but I was told at my firm nobody makes that lol

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🥜 🥜, unless you own the firm.

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I don’t think the clients really care. They want the work done at the rates they want. Firms find a way to deliver.

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Free insurance

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Actually no

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Depends if they have equity

It really does depend. The ID firm I worked for was super conservative. Shareholders’ draw was just $100k (so they claimed), but after year end, they would get 1-2x that in bonus form. Everyone was always fuzzy on the numbers so it could have been even more. The firm was reputable in the area and had a pretty big book of long-standing business.

Partners in my old firm firm were splitting an equity stake in a business that realized 55 million dollars last year and there are only 12 of them. They have different stakes ,of course, but they’re all making millions.

You can definitely make money if you stick it out. Most people don’t want to and I don’t really blame them. There are easier ways to make a living, but the economy was horrendous when I graduated so there really wasn’t much else I could do aside from go plaintiff side, which I didn’t want to do.

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