Tuesday, June 29, 2004

As a follow-up to the post here about summer associate salaries topping $2,500 per week: American Lawyer today released its annual ranking of the compensation of those lawyers at the top of the food chain — partners in the 100 top-grossing law firms. Equity partners at these firms rake in an average of $930,700, while non-equity partners struggle to make ends meet on $357,600. For comparison, see average law faculty salaries here, and “star” law faculty salaries here. Time to change the bromide to: those who can, do; those who can’t, are green with envy.