Attorney Newshubb
Advertisement
  • Home
  • Attorney News
  • Law News
  • Attorneys Legal Law News
  • Contact us
No Result
View All Result
  • Home
  • Attorney News
  • Law News
  • Attorneys Legal Law News
  • Contact us
No Result
View All Result
Attorney Newshubb
No Result
View All Result
Home Law News

The Biglaw Firms With The Best Compensation (2022)

admin by admin
August 5, 2022
in Law News


What does it take to cultivate job satisfaction at a law firm? In a new report from BTI Consulting, associates pointed out exactly what they wanted from and valued in their work lives, and which firms were the best at committing to their overall happiness.

According to BTI, Biglaw associates are looking for these eight core activities from their firms when it comes to their overall professional happiness:

  • Commitment to helping associates in their career
  • Specific action to help develop a career path
  • Access to training they need
  • Good mentoring
  • Optimism about growing within their firm
  • High levels of job satisfaction
  • Being well paid
  • Having at least one partner watching out for them

After going evaluating 4,000 responses, BTI found that 147 Biglaw firms did the best job when it came to associate satisfaction. But which firms did the best in each category? Earlier this week, we covered the firms that were considered the best at helping associates in their careers and those with partners who have associates’ backs, as well as the firms that have helped associates build their careers and provided access to the training they want and need.

Today, we’re going to take a look at the thing that makes the world go ’round: money. Biglaw associates certainly enjoy being paid handsomely — and we here at Above the Law have tracked raises and bonuses for years — but there’s much more to compensation than just a dollar amount. Here’s what BTI evaluated:

Associates rely on a subjective formula to evaluate how well they are paid. This formula includes salary, bonus, competitive norms, hours of work expected, hybrid work policies, perceived control over working hours, treatment by partners, feedback, and the opportunity they see for themselves within the firm. Market rate salaries are minimum expectations.

That said, associates singled out 29 law firms that were able to offer a “winning comp combination,” but these eight firms were identified as the best of the best when it comes to all matters of compensation:

  • Baker Donelson
  • Choate
  • Debevoise & Plimpton
  • Faegre Drinker
  • Fenwick & West
  • Hunton Andrews Kurth
  • Katten
  • Milbank

Congratulations to each of these firms. When market money is just the baseline, providing associates with a better quality of life will get your firm a boost when it comes to overall “compensation.” Great work!

Associates Point to 29 Law Firms Where They Are Well Paid [BTI Consulting]


Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.





Source link

Tags: Above the Lawabovethelaw.comassociate salariesbiglawblawgBTI Consultingclerkshipsjudgeslaw clerkslaw firm newslaw firm rankingslaw firm salarieslaw schoolslawyer bloglegal bloglegal gossiplegal newslegal scandallegal tabloidMoneypartner salariesProfessional Happinessprofits per partner listRankings
Previous Post

The morning read for Friday, Aug. 5

Next Post

Florida governor suspends ‘woke’ elected prosecutor, citing pledges on transgender care, abortion

Next Post

Florida governor suspends 'woke' elected prosecutor, citing pledges on transgender care, abortion

Recommended

Judge Who Struck Down Affordable Care Act in 2018 Will Decide Latest Challenge to the Law

July 27, 2022

Two Johnston Tobey Baruch Partners Named to Lawdragon List of 500 Leading Plaintiff Financial Lawyers

August 4, 2022

Don't miss it

Attorneys Legal Law News

Are Online Casinos Legal in India?

August 9, 2022
Law News

Morning Docket: 08.09.22 – Above the LawAbove the Law

August 9, 2022
Attorney News

SEO for TikTok | 6 Steps for Lawyers to Stay on Top of Search

August 9, 2022
Attorney News

Manager of Key West Labor Staffing Companies Sentenced for Tax Crimes and Immigration Fraud

August 9, 2022
Attorney News

Bradley Adds Associate Whitney Wester to Houston Office

August 9, 2022
Attorney News

McGlinchey Attorney Adina Pollan Receives Florida Legal Recognitions

August 9, 2022

© 2022 Attorneys News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy.

Navigate Site

  • Home
  • Attorney News
  • Law News
  • Attorneys Legal Law News
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Attorney News
  • Law News
  • Attorneys Legal Law News
  • Contact us

© 2022 Attorneys News Hubb All rights reserved.