"Clients Won’t Pay For What Law Schools Churn Out"

[cellardweller]

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Just curious, are all the law firms in this study NLJ250 -type of law firms? (doing litigation, corporate law, large attorney composition, respectable salaries, etc) Or, does this study include those bunches of no-name shops doing insurance defense, personal injury, or divorce settlement?

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<p>The study considered all attorneys from both large and small firms. If you were only to look at BigLaw the average partner income is much greater. The average partner profit at top 100 NYC firms is around $1.5 M. The most profitable law firm per partner in the world is Cravath with average profits per partner of around $4M.</p>