What big law firm pays the most? 1) Allen & Overy
Fast-forward to the present and Allen & Overy advised on 12% more deals than any other law firm globally last year, according to its Global Snapshot for 2021.
How much do the top 10% lawyers make? The same year, the BLS reported that the bottom 10% of lawyers earned under $54,910, while the top 10% earned over $208,000. To give you a better idea of your particular earning potential, here’s what to expect from a salary in your chosen field.
Why does Big law pay so well? One of the reasons why attorneys in Biglaw are paid so much money is because they are expected to work longer hours and during nights and weekends. One of the advantages of hiring a Biglaw firm is that exigent matters will be handled on short notice because attorneys are on call and are working longer hours.
Are big law associates rich? ‘ HENRYs are white-collar professionals who earn significant paychecks, but for a variety of reasons, be it a penchant for lavish spending or poor understanding of finances, are not wealthy and—here’s the real kicker—may never become wealthy.