What is the long term earning potential for a small firm probate/estate planning attorney? I.e. even as a 10-20 year attorney, are you still making under $150k? I’m considering a switch and know the initial paycut will hurt, but I’m curious how much of that money I will pick back up long term.

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

Can you add trustee work or conservatorship work to your mix? I think you can earn more depending on the bill rate for your area. But i also think that is why a lot of estate attorneys go solo... so they don’t pay half their revenue to the firm. You could also think about getting an LLM in tax and transitioning to a larger firm.

That’s helpful. I’m in the process of applying for a tax LLM program but I’m not sure I want to go back to a larger firm.

Related Posts

How much in average are your assignments ?

like

Has anyone received band progression mail ?

like

Iam 5 month pregnant , thinking to get release from project due to health issue and taking maternity leave from april 1st, at this situation can I be in bench for 3 months and go in maternity leave ? Will this affect my job in Accenture? Will the organization allow to be in bench for 3 months? If iam in bench during maternity leave will i get variable pay

like

Almost thirty and I still have acne. I feel so unprofessional and embarrassed.

like

Does anyone have an idea of the salary range for personal assistants in the U.S.? I'm willing to relocate for the right amount

Hi All,

I was initially interviewed for gurgaon location in IBM but after salary discusion they told me this is for ahmedabad location.
What should i do ?

like

How do you stay productive despite mental health struggles? What motivates you and keeps you going?

like

Healthcare folks: if you could go to any Publicis Health agency, where and why?

like

All-in rate for a music video?

What is ADD. TAX component in Mastercard salary slip, it's my first month and this salary includes the signin bonus..
Mastercard

like

Curious how other marketing teams like to share resources internally. I'm considering creating a centralized hub where departments can access news, branding information, logos, premade materials and basic templates like letterheads. I'd also like to be able to give specific users access to specific things (ie I don't want everyone to have the logo vector).

Any suggestions or thoughts? Know any software for this? My instinct is just to build a website or page with logins, but open to options!

like

For Oracle referrals , please DM

like

Does anyone have any information about retention rate for interns at bulge brackets? Do they usually intend on hiring interns or is it pretty much just dependent on how well you perform in the program to get an offer back? I’ve heard varying opinions but would appreciate any professional thoughts

like

What is the onboarding process for KPMG. I have my joining next week but haven't received any information related to onboarding yet.

like

Anybody with approved H1B but not stamped due to no on-site opportunity? Any ideas what should be the next step ? Can I apply for deloitte US job directly? Or look for jobs outside using the same visa approval?

like
like

Is there any need for automation in CMAAS/FAAS?

like
like

whats avg ctc for a product manager with 20 yrs exp in nokia (India). any ball park figure, please share

Additional Posts in Small Law / Solos

Any contract family law attorneys in Kentucky?

like

Has anyone received an SBA 7a loan recently? My lender is telling me I need to use the funds within 3 months, which sounds crazy and on the SBA website says I can have funds for revolving credit. So I want to switch lenders. Can someone refer me to another SBA lender that you’ve liked that’s not placing crazy restrictions. Thanks!

like

How do you balance wanting to be the “go to” person who gets it all done, no matter what, and feeling like you are taken advantage of because of that?

like

Anyone use a recruiter to find an associate? Having a hard time finding someone.

like

Any of you manage WFH / telecommute more than 50% of the time? When I was an associate, you hardly saw the principal/owner. Now that I’m 7 months into partnership, I just started a set up for WFH myself. It’s basic right now, but once fully set up, I don’t see a need to go to the office other than client meetings. But in my area of law (domestic relations/family), even in a pandemic, people love to just stop by. So that’s one of my concerns if I transition to WFH.

like

Anyone have experience closing down a solo transactional practice to pursue other opportunities? Where did you find what steps to follow?

like

Do you give/get a bonus at the end of the year AND on your yearly review/hire date? So essentially two bonuses a year? Or just one bonus a year?

Many efforts to get into big law have been to no avail mainly because I only have LLM from Emory Law and my other law degrees are foreign. I have decided to start my own law firm and I aim to make it as international as possible, thus making my supposed academic disadvantage my strength. I am considering corporate, M&A, entertainment and sports as areas of practice. Please advise accordingly. Thank you!

like

I’m early into my career, thinking of leaving a midsize med mal firm to open a solo practice in business law but don’t have a ton experience in that area. Is this insane?

like

Advice for Of Counsel roles? I am of counsel at a firm where I can set my own rate and keep a percentage of collections, which varies slightly depending on whether the client is one I generated or not. I’m finding that a lot of my work is for firm clients where the lawyer negotiated a flat fee (and the hours worked are less, due to efficiency etc). What is the right way for me to be compensated in this scenario?

like

Anyone ever use “solo practice university”? Are the classes actually helpful? Is there a value here? Thanks.

like

I’ve now reached the point in my career where I have the experience, a good client base, and consistent referral sources that I’m ready to leave the small firm I’m with and start my own practice. My preference would be to find a partner and form a partnership because I’d like to have someone to bounce ideas off of and for some social interaction, but if I can’t find the right partner, then I’ll do it alone. Any advice on branching off to start my own firm - whether it be solo or with a partner?

like

I’m a 3rd year insurance defense attorney in a small town. So far this year through June I’ve billed $110,000 and collected $95,000. I expect the second half of the year to be about the same. My salary is $53,000, with potentially bonus at the end of the year (totally the discretion of the partners). Benefits are fine but nothing special. Am I being undercompensated? I enjoy where I live, the work I do, and the low cost of living, but it’s hard to build up savings on my current salary.

like

Boutique transactional practice. Firm is growing post-COVID. Things are at risk of falling through the cracks. I need an easy way to track matters for status reports with colleagues in the firm without remaking the wheel.

Currently using Clio, which has its limitations for this purpose. I know colleagues that just use an excel spreadsheet.

Suggestions?

like

I’m a litigator at a medium-sized civil firm in Florida. Started my career in criminal and miss the content dearly. Any Florida lawyers looking for a consultant to draft motions/briefs on any criminal cases? If so, let me know!

like

How do you define success as a solo/small law firm attorney? Other than the baseline of keeping the firm going, I’m struggling with my view of this. I’d love to hear others mindset/thoughts.

like

Hi, I am a solo attorney and want to do per diem work for another office (PI). What’s the fair hourly rate to charge? NY metro area

like

Any suggestions for an organizational/organization expert, coach, or someone that helps with getting firms organized? We need to be more efficient and have better systems in place.

Brief problem: We feel that we (partners) are unorganized, and as a result our staff is following the same disorganized structure and we’re not getting as much work/tasks completed as we should.

I need someone to help whip us into shape.

like

I started a solo criminal defense practice last November. I am considering taking contract in a totally different area of law (nursing home defense) to help ease the pressure of not having a full client load. How much do contract attorneys make? Any other considerations other than salary and timelines that I should be thinking about?

like

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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