What is the average salary of a partner lawyer in NYC?
Asked by: Mavis Cormier | Last update: December 18, 2025Score: 4.3/5 (10 votes)
The estimated total pay for a Lawyer Partner is $335,527 per year in the New York City Ny area, with an average salary of $178,440 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 lawyer partners make in NYC?
As of Jan 19, 2025, the average annual pay for a Law Firm Partner in New York City is $145,662 a year. Just in case you need a simple salary calculator, that works out to be approximately $70.03 an hour. This is the equivalent of $2,801/week or $12,138/month.
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Who is the highest paid lawyer in New York?
Topping the list is Blackstone chief legal officer John Finley, who received $22.2 million total compensation in 2022. Following just behind is KKR's Kathryn “Katie” King Sudol, who brought home $18.6 million in total compensation.
Do law partners make more money?
Average Partner Salary
Where the firm is based – Law firms based in areas with higher costs of living (California, Washington, etc.) will pay more than firms located in lower-cost areas, such as Alabama and Mississippi.
Big Law's Big Paychecks: Partner Compensation, Explained
What percent of lawyers make a partner?
“So, over time, roughly 30 percent have eventually made partner for this group. But that doesn't mean that on any given year, 30 percent of associates are going to make partner.” Zamsky estimates that half of associates hired by small firms eventually become partners. Their average salary might be $80,000 or $90,000.
What is the richest type of Lawyer?
- Patent attorney: $180,000.
- Intellectual property (IP) attorney: $162,000.
- Trial lawyer: $134,000.
- Tax attorney: $122,000.
- Corporate lawyer: $115,000.
- Medical lawyer: $113,000.
- Real estate lawyer: $98,000.
- Family lawyer: $93,000.
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 rich is the average lawyer?
In general, the five highest-paying states for lawyers are as follows: California ($201,530) Massachusetts ($196,230) New York ($188,900)
Is 700k a good salary?
Earning $700,000 a year would put your household in the top 1% nationwide — and well above the middle class — and in any state in the South or Midwest. But that still won't cut it in seven states. The Northeast dominates the rankings, with five of the 10 states with the highest 1% thresholds lying in this region.
Can lawyers make 300k a year?
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.
What is the biggest law firm in New York?
The latest ranking is based on New York offices of U.S-founded firms in 2023. The NYLJ 100 reported for the first time last year that Kirkland & Ellis, with its roots in Chicago, became the largest New York firm, surpassing Paul, Weiss, Rifkind, Wharton & Garrison and Davis Polk & Wardwell.
What do partners at law firms do?
A law firm partner is a lawyer who buys into a firm and generates revenue in exchange for a share of ownership and profits. As a partial owner, law firm partners are usually more involved with the business of running the law firm in addition to the day-to-day responsibilities of practicing law.
Do top lawyers make millions?
How Much Do Top Lawyers Make? According to ALM Global's 2023 Global 100 Ranked by Profits Per Equity Partner, Kirkland & Ellis LLP (the highest-paid lawyers in the United States) pays their equity partners a whopping $7.52 million per year.
How many millionaires are lawyers?
My math says 0.3%-0.35%. There are 4100 biglaw attorneys who rake in a million a year or more, which is 0.31% of all attorneys; the 100 highest paid GCs average $2.7 million per year, and there are easily just as many solo or small-firm attorneys who also make that much.
What percentage of lawyers make over 100k?
It offers a wealth of information about lawyer pay for attorneys who work for law firms. According to the survey, 30% of attorneys in the first five years of their career earn between $100,000-$149,999, and 29% make between $150,000-$199,999.
What branch of law pays the most?
As we have discussed earlier, corporate lawyers, tax attorneys, and intellectual property lawyers are among those who receive the highest salary. These fields require specialized knowledge and skills, but they are among the most financially rewarding.
What is the highest paying job in the world?
Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure. Irrespective of the company's size, a CEO handles all its day-to-day corporate affairs, manages resources and handles all managerial processes.
Are lawyers or bankers richer?
On Wall Street, Lawyers Make More Than Bankers Now - WSJ.
Who do most lawyers marry?
Many lawyers end up marrying other lawyers due to shared experiences and understanding of the profession's demands. However, successful relationships can occur between lawyers and partners in any profession, as long as there's mutual respect and understanding.
At what age do lawyers make partners?
The average age to make a partner in a law firm, investment bank, asset management firm, or private wealth management firm is around 35 to 38 years old. However, this can vary depending on the firm and the specific specialty. For example, it may take longer to make a partner in a large law firm than in a smaller firm.
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.