How much do partners at Toronto law firms make?
Asked by: Leonora Block | Last update: January 9, 2026Score: 4.5/5 (8 votes)
Partner salaries in Toronto, ON. The estimated total pay for a Partner is $261,299 per year in the Toronto On area, with an
How much do top lawyers in Toronto make?
Lawyer salaries in Toronto, ON
The estimated total pay for a Lawyer is $120,497 per year in the Toronto On area, with an average salary of $106,751 per year.
How much do partners make at top law firms?
The size and profitability of a law firm significantly impact partner salary, with equity partners at top firms enjoying impressive earnings that range anywhere from $3–$10 million—or for star partners, sometimes even more.
How much do people business partners make in Toronto?
The estimated total pay for a Hr Business Partner is $94,396 per year in the Toronto On area, with an average salary of $85,873 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
How much do top 1% lawyers make?
— How do we know how much do lawyers make? Well, according to the Bureau of Labor Statistics, the median salary for attorneys in the US is just over $125,000. The highest-paid lawyers (10% of the legal workforce) make over $208,000 However, the top 1% of attorneys make $500,000 or more per year.
Big Law's Big Paychecks: Partner Compensation, Explained
How to make $500,000 as a lawyer?
- Create an SEO for Lawyers Strategy.
- Build a Solid Law Firm Website.
- Write Engaging Attorney Content.
- Start a Lawyer PPC Campaign.
- Register Your Law Firm in Relevant Listings and Directories.
- Engage in Reputation Management for Lawyers.
Do lawyers make 200k a year?
The median starting salary is $215,000 in 11 cities and geographic areas. They are Austin, Texas; Boston; Chicago; Dallas; Houston; Los Angeles/Orange County, California; New York City; San Diego; San Francisco; Silicon Valley in California; and the Washington, D.C., area.
How much do Big 4 partners make per year?
Big 4 Partner Salary
A large part of partner compensation is tied to equity. For reference, however, you can expect to make somewhere between $250,000 and $5 million a year. It's a lot of money but it also takes roughly 13 to 17 years to get there!
Do law firm partners make millions?
In California, you can expect an average partner salary between $180,000 and $300,000, whereas in Texas, it can range from $150,000 to $250,000.
How much do new grad lawyers make in Toronto?
The estimated total pay for a First Year Attorney is $120,874 per year in the Toronto On area, with an average salary of $109,085 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
Is being a lawyer prestigious in Canada?
As in many other countries, lawyers in Canada are considered a prestigious, stable, and lucrative career. Lawyers are one of the most highly paid professions in the country, along with doctors, accountants, and engineers, with a yearly average of $126,595.
How much does Big Law pay in Toronto?
In the Toronto area, first-year lawyers at small firms are looking at salaries between $85,000 and $100,000 and wages of $110,000 to $130,000 are large firms. With five years of experience, the range is $120,000 to $140,000 at small firms and $195,000 to $215,000 at larger firms.
How much does a first year partner at McKinsey make?
A McKinsey associate principal salary sits at around $275-to-$350,000, while McKinsey partner salary prospects start between $375,000 and $450,000 at junior level, going up to $500-to-$700,000 for a senior partner with potential bonuses of over $500,000.
How much do BCG consultants make in Toronto?
Boston Consulting Group pay FAQs
The average salary for a Consultant is $84,144 per year (estimate) in Toronto, ON, which is 55% lower than the average Boston Consulting Group salary of $190,000 per year (estimate) for this job. The salary trajectory of a Consultant ranges between locations and employers.
What is the highest salary for a McKinsey partner?
McKinsey Associate Partner/Partner/Senior Partner salary 2023 (Partner-level) McKinsey Partners in the US may earn up to $777,000 annually. However, the below data should only be used for reference, as a Partner-level person at McKinsey in the US will likely make more than $1,000,000 annually.
Who are the 7 sister firms in Canada?
- Blake, Cassels & Graydon LLP;
- Davies Ward Phillips & Vineberg; LLP.
- Goodmans LLP;
- McCarthy Tétrault LLP;
- Osler, Hoskin & Harcourt LLP;
- Stikeman Elliott LLP; and.
- Torys LLP.
Is making partner at a law firm a big deal?
A: Becoming a partner in a law firm signifies a significant milestone in an attorney's career. It typically comes with increased authority, responsibility, and financial rewards. Partners have a say in firm decisions, share in the firm's profits, and often enjoy greater job security and prestige.
How much does an accountant partner make in Toronto?
An experienced Partner - Accounting Firm with 10-19 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$237,500 based on 8 salaries.
What kind of lawyer makes millions?
Patent Attorney Salary
Patent attorneys are the highest-paid type of lawyers, with an average salary of $185,351, ranging from $119,88 to $285,530. Various factors contribute to a patent attorney's average salary, including experience, firm, location, and subject matter expertise.
How to make 500k a year?
- Actor.
- Author.
- Accountant.
- Insurance agent.
- Investment banker.
- Professional athlete.
- Entrepreneur.
- Hedge fund manager.
Can being a lawyer make me a millionaire?
With the right combination of determination, strategic planning, and resilience, becoming a millionaire lawyer is an attainable goal. Pursue your career with ambition and the understanding that your financial success is deeply intertwined with your professional development and dedication to your specialty.