Re: Pinkowski and associates lawyer
Posted by:
§
()
Date: April 16, 2008 07:31PM
ITRADE Wrote:
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> § Wrote:
> --------------------------------------------------
> -----
> > Note that I said "good" law firm. Local law
> firms
> > are farm league compared to the heavy hitters.
> > These are your Williams & Connolly, Akin Gump,
> > Latham & Watkins, Hogan & Hartson, Susman
> Godfrey,
> > Dickstein Shapiro, Shaw Pittman, Debevoise,
> > Skadden Arps, etc. caliber firms.
> >
> > Believe it or not, your 1st year "cream of the
> > crop" (meaning top 10% of class at tier-1
> schools
> > will command $300/hr. while most partners
> command
> > north of $750. Even a non-attorney case
> manager
> > bills out at $250/hr. these days.
> >
>
>
> Williams and Connolly, yes. Some of the DC firms
> like Shaw Pittman and Dickstein will put you in
> the $250 range. Clearly, the New York firms like
> Debevoise and Skadden will be close to $300 owing
> to the top heavy partnership basis.
>
> I just looked at my clients bills for the past
> month, and the rates are more or less what I
> argued. Of course, with salary bumps, I would
> expect them to go up. Friggin' crime to pay a
> first year $160,000 a year.....
Agreed. These first years are at $160k / yr. and climbing. The annual step-up is a minimum of $10k/yr. so a 7th year is firmly planted @ $230k, and that doesn't include the industry standard 25-40% target bonus. I've just encountered a first year Ivy league at a large LA-based firm who commanded $325/hr. to review e-discovery for privilege. Ridiculous. -§