Survey reports on the salaries of Washington lawyers
The Washingtonian magazine has released a salary survey issue, reporting on the salaries of all manner of professionals in the US capital, and including a section on lawyers and judges. comments powered by Disqus
Profits per partner at major Washington law firms
Hogan Lovells: $1.21 million.
WilmerHale: $1.16 million.
Williams & Connolly: $1.18 million.
Gibson Dunn & Crutcher: $1.91 million.
Legal recruiters estimate that certain key partners at these firms are making a lot more – in the order of $3 million to $4 million annually. If they decided to leave their firms, competing bids to recruit them could reach the $5-million-to-$10-million range.
First-year associates at top law firms
Associates at WilmerHale, Hogan Lovells, Covington & Burling, and Skadden, Arps, Slate, Meagher & Flom make around $160,000 before bonuses.
Summer Associates at top law firms
Summer Associates are taking home more than $3,000 a week.
The survey also reports on the kind of pay cuts taken by lawyers leaving private practice for the public sector, and the salaries of key public servants.