Work in NYC. $5 million plus in origination. Feed other offices as well. Midsize national firm. 150 lawyers. Any good estimates on what comp should be?

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

Depending on rates, at least $1m but not over $2m. Everything else depends on specifics.

likesmart

What’s the net profit (after salary, overhead etc) on that $5M?

We have a partner at our firm that has about $5M but gives out 20% discounts on his rate and runs at about a net $300,000 loss each year.

like

What are you upset about? The partner’s comp or the discounted rates?

likeuplifting

What’s the Firm’s total revenue? How long has 5 been your number? Where do you rank for originators at the firm?

like

I'd guess, assuming you are collecting all of the billables, $1.3 to $1.7 range depending on actual overhead. My overhead is low, and I still do not rake more than about 35%

like

Total origination is 5 million. My billables (which are primarily on my book) are about 600k.

Do you manage all of that $5M and how much of that is your collections?

If you’re managing all of it, I assume your collections are all from that $5M too? How much of the $5M is your personal collections?

Related Posts

Anyone go from SaaS / licensing sales to services (strategy & implementation) sales?

I'm thinking of moving from large cap tech to large cap consultancy firm to help build the resume and round out my experience. I enjoy and do well in licensing, but I'm fairly young in my career (<6 years) and received a great offer to make the move.

Big fan of the org and team I'll be joining as well.

Thanks!!

TC ~$300K

likehelpful

I’m in-house at a small company (60 people), started right out of law school about 5 years ago. We had a legal team of 5 then. Everyone has left and we just hired a new GC. I went from $70k to $100k a little over a year ago. I am expecting an offer from a firm doing business law work but think this might be an opportunity to go to my current employer and ask for a significant raise, with new offer in hand. Any thoughts or advice going into this?

like

Promoted to SSE with 25% hike and VP as 9% . I had received ACE award in Q3 . I have also maintained utilization report 100% still I got less VP. Can I ask manager to revisit the component

like

my last package was 4.8 how much I can expect in EY GDS having 5 year experience???

Please help

AlixPartners I am expecting an offer for VP in financial crime/compliance and risk. I need to give them my compensation expectation. Currently working in Bank with 7+ YOE including 6 yrs in Big4 non-MBA (Masters in Finance). What is the total comp (base+bonus) that I can ask for? What is the general sign on bonus? Thanks in advance

like

Does anyone know the salary rage in dallas for a staff 1 in forensics? Specifically IFCS or I&C

like

Do New Business roles pay higher than traditional account roles?

like

Am I crazy? Currently interviewing at LEK, Oliver Wyman, and Deloitte strat for (essentially) entry level positions after working in biz dev at Microsoft for under a year. I’d basically be trading my WLB for away for the same salary I make here, but I feel like I’ll learn way more in consulting and be a more well rounded person. My friends say I’m crazy, need a reality check…

like

What is the salary of an industry principal in Infosys bpm

like

got offer in wipro nd adp which one to join and both pays same salary.please suggest

like

What's the salary for a SA at KPMG London?

like

Is 16.5 LPA for a data scientist with 6.5 years of experience less? Current band 7A.

like

Anyone suggest how is the variable payout in Congnizant?

like

How is the EY Chennai office?
I am planning to move to Chennai EY from Pune INFOSYS.

Any rough idea on the cost of living in Chennai for a bachelor?

Offered CTC by EY 11lpa + performance bonus of 10%.

like

Hi,

What role I can expect for 6.8yoe developer??

like

What is the expectation of bonus and increment this year. Share your views and thoughts

UBS If I had to move within the company to a different location , how does it work? For example if I move from low cost of living area to high cost of living area does the company re-evaluate the base salary within USA? Or do they come back and mention its your family requirement since your partner is located and you are moving ?Suggestions or experiences any !

like

Does salary negotiation happens during internal transfer? If someone has experienced it can you tell a little about it. What is the hike that can be expected?

like

How much, on average, should a UX designer make as a mid-level and as a senior in Canada?
Then how much does a UX team lead or manager make?

like

More Posts

I just want to say to the Indian managers / SMs etc. stop taking everything so seriously and stressing people out on your teams. I have had managers who put initiative work so high in importance that it stresses me out about client work. Chill out and stop emailing on weekends. Hang out with your families! Doesn’t mean don’t work hard but chill the heck out people. Clearly this is just a job that doesn’t pay you well enough in the first place why are you stressing other people out too?!

likefunnysmart

What is the general consensus on online I/O psychology programs? I’m looking to pivot into HC consulting and am strongly considering USC’s online MAPP or Harvard Extension School’s I/O Psychology graduate program.

like

Hello,

I have done my cyber security certificate CISSP with 9+ yrs exp can anyone tell me how can I move in to that role and how much salary I can expect l.
Thanks in advance !

like

Hi folks need your suggestion here it would help me i guess . I have been working as manual tester for 3.5 years. I tried learning coding and felt difficult so gave up on that. Right now i feel i should switch to a customer facing role because i think it's a good fit for me and also it seems quite interesting and engaging. Have on offer in hand with a better company for the role customer support specialist L3 . Should I take up this offer ? Or i can stay in Manual Testing my whole life ?

like

Which better State Street or jp Morgan for work life balance & professional growth

like

I've officially made it - got a parking spot

like

36F in Houston, Tx. New to the area and looking for friends.

like

Whats the salary for a senior compliance officer in miami at an investment firm?

like

Does anyone have a fair idea what the salary range for a Director of Acquisitions in San Diego would be?

like

What are the best neighborhoods to live in Denver?

Girlfriend and I are in our mid-Twenties. My office is in CBD and she will be working in Arvada. We are looking for places to rent and make roughly 200k combined.

like

Recently relocated to USA. Looking for a job in Private equity Accounting in California as Fund Accountant Manager. Any leads and also, how much salary should I expect?

What is it like to work in a core immigration role at infosys Bpm.

like

Hi Folks. I am a single and planning to move to Seattle. Need some recommendation if 130k is good enough to live comfortably in Seattle.

funnylike

Anyone else get ruined by the metro delay this morning?

like

I’ve never worked at a firm, only public interest and have no idea how to do billable hours.

like

Hi Sharks,

I have received offers from
Nagarro - - salary 30 lpa
Seimens gamesa - - Salary 32 Lpa
Delloite - - Salary 33 Lpa
Which one is better in term of WLB and learning, my exp is 9 years. Please suggest

like

Can please share to get job offer letter from any canada company for project development profile. Please suggest.

Current- no visa
In india
More than 5 years experience.

like

How much money should I have if I get to Canada for job search through express entry PR?

How often do temporary "might-become-permanent" type jobs (at small/mid size firms) actually become permanent?

like

New to this....best place to buy a Rolex submariner for under 9k online. Also, really like the look of the Rolex explorer II, but have always wanted a sub. Any thoughts or recommendations on submariner or explorer II?

funny

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