how much does an associate lawyer make in nyc

by Stefan Lynch 3 min read

Full Answer

How much does a lawyer make in New York?

How much does an Attorney make in New York, NY? Data source tooltip for average base salary. The average salary for a attorney is $106,314 per year in New York, NY. 337 salaries reported, updated at February 6, 2022. Is this useful?

How much do associate attorneys make?

The jobs requiring this skill have increase by 30.73% since 2018. Associate Attorneys with this skill earn +85.45% more than the average base salary, which is $78,714 per year.

Do attorneys make a lot of money?

Attorneys earn much less on average than what most people imagine they do. Even though top attorneys get high salaries, many attorneys earn a relatively low salary compared to other professional fields.

How do I find out the appropriate salary for an attorney?

To find out about the appropriate salary for an attorney, please visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.

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How much does a law associate make in NYC?

Salary Ranges for Law Associates in New York City, NY The salaries of Law Associates in New York City, NY range from $160,000 to $265,000 , with a median salary of $170,000 . The middle 50% of Law Associates makes between $170,000 and $185,000, with the top 75% making $265,000.

How much do associate lawyers make in Manhattan?

Associate Lawyer in New York City, NY Area SalariesJob TitleLocationSalaryDebevoise & Plimpton Associate Lawyer salaries - 8 salaries reportedNew York City, NY Area$284,756/yrCadwalader Wickersham Associate Lawyer salaries - 8 salaries reportedNew York City, NY Area$199,661/yr18 more rows•Dec 13, 2021

How much do first year law associates make in New York?

While ZipRecruiter is seeing salaries as high as $127,236 and as low as $24,679, the majority of First Year Associate Attorney salaries currently range between $43,874 (25th percentile) to $86,652 (75th percentile) with top earners (90th percentile) making $110,234 annually in New York City.

How much a lawyer makes in NYC?

The average salary for a lawyer is $58,675 per year in New York, NY. 20 salaries reported, updated at May 21, 2022.

How much do top NYC lawyers make?

The average salary for Highest Paid Lawyer Jobs in New York City, NY is $159,000*. Now you know the average salary for highest paid lawyers in New York City, NY is $159K.

What is the highest paying law firm?

#1. McDermott Will & Emery. SCORE 9.807. ... #2. Wachtell, Lipton, Rosen & Katz. SCORE 9.608. ... #3. Morgan, Lewis & Bockius LLP. SCORE 9.599. ... #4. Clifford Chance US LLP. SCORE 9.593. ... #5. Willkie Farr & Gallagher LLP. SCORE 9.570. ... #6. Akin Gump Strauss Hauer & Feld LLP. ... #7. Debevoise & Plimpton LLP. ... #8. Freshfields Bruckhaus Deringer LLP.More items...

How much do first year attorneys make in NYC?

In New York City, the initial rate for attorneys is a bit higher, at $168,632. Somewhat surprisingly, the first-year salary is even higher than that in California. In Los Angeles, new associates make nearly 14% higher than the national average, coming in at $171,581.

How much do associates at top law firms make?

It pegs 2019 median salaries as:Firms with 50 or fewer attorneys: ​$107,500​Firms with 51 to 100 attorneys: ​$122,000​Firms with 101 to 250 attorneys: ​$125,000​Firms with 251 to 500 attorneys: ​$170,000​Firms with 501 to 700 attorneys: ​$175,000​

What is the starting salary for a lawyer?

A newly qualified solicitor in a regional firm or smaller commercial practice may expect to earn around ÂŁ25,000 to ÂŁ40,000. Starting salaries for newly qualified solicitors in larger commercial firms and those in the City will be from ÂŁ58,000 to ÂŁ65,000, with the larger City firms paying ÂŁ80,000 or more.

What is the highest-paying job in NYC?

Highest-paying jobs in NYCChief executive. $252,880.Surgeon. $239,950.Oral and maxillofacial surgeon. $236,450.Anesthesiologist. $236,210.Obstetrician and gynecologist. $229,600.Dentist, specialty. $221,330.Psychiatrist. $216,570.Financial manager. $208,770.More items...

What type of lawyer makes the most money in NYC?

Medical Lawyers typically make the highest yearly salary. This type of lawyer provides their clients with a variety of legal advisement and services related to medical law.

How much do new lawyers make in NYC?

In New York, however, “the $160,000 starting salary is almost universal,” Mr. Leipold noted. About 85 percent of firms in the city with at least 250 lawyers are paying that amount; about 90 percent of firms with 700 or more lawyers paid first-year hires that amount.

How much does an Associate Attorney in New York City, NY Area make?

The average salary for an Associate Attorney is $121,971 per year in New York City, NY Area. Salaries estimates are based on 14209 salaries submitt...

What is the highest salary for an Associate Attorney in New York City, NY Area?

The highest salary for an Associate Attorney in New York City, NY Area is $325,679 per year.

What is the lowest salary for an Associate Attorney in New York City, NY Area?

The lowest salary for an Associate Attorney in New York City, NY Area is $45,680 per year.

What is the an Associate Attorney career path and salary trajectory?

If you are thinking of becoming an Associate Attorney or planning the next step in your career, find details about the role, the career path and sa...

Most common benefits

The average salary for a attorney is $106,616 per year in New York, NY. 343 salaries reported, updated at February 17, 2022.

How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

Common questions about salaries for an Attorney

To find out about the appropriate salary for an attorney, please visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.

Most common benefits

The average salary for a associate attorney is $80,527 per year in the United States. 6.4k salaries reported, updated at February 21, 2022.

Best-paid skills and qualifications for Associate Attorneys

The jobs requiring this skill have increase by 30.73% since 2018. Associate Attorneys with this skill earn +85.45% more than the average base salary, which is $80,527 per year.

How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

Common questions about salaries for an Associate Attorney

If you’re unsure about what salary is appropriate for an associate attorney, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.

Biglaw Budget Template

Convert income into wealth. Budgeting may seem unnecessary when you're making hundreds of thousands of dollars a year, but unless you plan to continue doing so forever (or, even if you do), a simple budget will help maximize the transfer of your income into wealth.

Which other law firm markets pay the Cravath scale?

In the past, the Biglaw salary scale has been set out of the New York city offices of major firms like Jones Day, Skadden, etc. Initially, these starting salaries were not paid to associates working in “secondary” markets such as Los Angeles, Chicago or Houston.

What is the Biglaw bonus scale?

In addition to receiving standardized salaries across the industry, associates working in Biglaw can expect to receive the same annual bonuses and summer bonuses as their peers based on the market bonuses set by the leading firms.

How are Cravath bonuses set each year?

Typically, in late November or early December, a Biglaw firm will announce its year-end bonuses via a memo delivered to associates. In most years, the first firm to make the announcement is Cravath, Swaine & Moore LLP, but that isn’t always the case.

How much does an Entry Level Associate Attorney make in New York City, New York?

As of Jan 5, 2022, the average annual pay for an Entry Level Associate Attorney in New York City is $58,208 an year. Just in case you need a simple salary calculator, that works out to be approximately $27.98 an hour. This is the equivalent of $1,119/week or $4,851/month.

Recently searched Entry Level Associate Attorney Salaries in New York City, NY

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How much does a law associate make in a year?

In 2016, The New York Times reported that one of the nation’s largest firms — Cravath, Swaine & Moore — would raise the salary for their first-year law associates from $160,000 to $180,000. The National Association of Law Placement (NALP) confirms $160,000 as a highly common number for associates to average entering their first year with a firm a full two years earlier, in 2014.

How much does a first year law associate make?

According to salary and employee review website Glassdoor, the average annual gross income for first-year law associates is actually well over six figures, at $151,026. This is the national average, of course, so the numbers will vary wildly depending on the state and size of the firm in question.

How many hours do attorneys spend?

Making a long series of assumptions about the nature and means of an attorney’s work, they come up with the following: while an attorney may spend as many as 3,058 hours at work, they will likely “only” bill about 2,201 hours.

How much do lawyers make?

At major “Big Law” firms, first-year law associates can bring in well above $100,000. Just how much is the subject of many a conversation, as the salaries at differently sized firms will vary greatly. Geography plays a big part as well. Firms in small towns will likely not make as much as those in New York, California, or Florida.

Do first year associates make money?

All this goes to say that first-year law associates can stand to make quite a bit of money in their initial salary, but they will also be expected to make that much and more for their law firm. When it comes to salaries, nothing is a sure thing before the contract is signed. That said, there is at least one certainty for all new attorneys: hard work.

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