Compensation—All Partners: Partner Pay Rises, Unevenly
Average compensationall partners rose by 3 percent in 2012, compared to 1.9 percent in 2011. Sixty-two firms posted increases, compared to 72 the previous year. Because this metric takes both equity and nonequity types of partners into account, we consider it the most complete assessment of partner pay at Am Law 100 firms.
Bracewell & Giuliani had the biggest increase, 33.6 percent. Twelve other firms posted growth rates of more than 10 percent. Three firms posted double-digit declines. Fried, Frank, Harris, Shriver & Jacobson had the sharpest, 17.2 percent.
Figures are rounded to the nearest $5,000. For more details, including our criteria for distinguishing between equity and nonequity partners, see A Guide to Our Methodology.
*Vereins differ structurally from other Am Law 100 firms, especially in regard to profit sharing.
1 Includes lawyers from a Tokyo joint venture who were not included in 2011.
2 Fulbright & Jaworski will join with Norton Rose in June of 2013 to form the Norton Rose Fulbright verein.
3 Fiscal year ends on March 31. Results are projected in order to meet The Am Law 100’s publication deadline.
4 Baker & Daniels joined with Faegre & Benson to form Faegre Baker Daniels in January 2012, so there is no year-over-year comparison.
5 Equity partners are fully participating equity partners only.
6 SNR Denton joined with Fraser Milner Casgrain and Salans in March 2013, creating the Dentons verein. Results are for the legacy operation only.
Purchase the electronic version of the 2013 Am Law 100 ranking from ALM Legal Intelligence by visiting www.almlegalintel.com or by calling 1-888-770-5647.
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