Hogan Lovells Non-Equity Partner Salary & Compensation Guide

Dear Hannah S.,

Understanding Hogan Lovells' Partnership Structure

Hogan Lovells operates a traditional two-tier partnership model common among Am Law 100 firms, with both non-equity (income) and equity partners. Non-equity partners at the firm typically receive a fixed salary plus performance-based bonuses, rather than profit distributions tied to firm ownership. This structure provides more predictable compensation while you develop the client relationships and business development skills needed for potential equity partnership consideration.

The firm's global platform—with significant presences in DC, London, and other major markets—generally supports competitive compensation packages that reflect both local market conditions and the firm's international reach.

Compensation Expectations and Market Position

Non-equity partner compensation at major Am Law 100 firms typically ranges from approximately $400,000 to $800,000 annually, though compensation varies significantly by firm, practice area, office location, and individual performance. *Compensation figures are estimates based on industry data and should not be considered guaranteed or specific to any particular firm.* Corporate transactional attorneys often fall toward the higher end of this range, particularly in major markets like DC.

Am Law 100 firms generally structure non-equity partner compensation to be competitive with market rates. Consider using a portable book calculator to assess how your current client relationships might translate to compensation discussions. Many firms increasingly weight business development potential heavily in non-equity partner compensation decisions.

DC market dynamics work in your favor—the region's robust corporate and regulatory practices create strong demand for experienced transactional attorneys. Financial services, healthcare, and government contracting work drive much of the transactional volume in the market.

Practice Area and Geographic Considerations

Your corporate transactional background positions you well for Hogan Lovells' key practice strengths. The firm has a public reputation for strong corporate, finance, and regulatory practices, particularly in DC where proximity to regulatory agencies creates significant client opportunities.

The London option presents interesting considerations—the firm's UK office handles substantial international transactions and has a strong reputation in the London market. However, compensation structures and partnership tracks can differ between US and UK offices, so I'd recommend clarifying which compensation framework would apply to your specific situation.

Recent industry reports suggest positive revenue growth trends at major law firms, creating expansion opportunities for lateral partners who can contribute to key practice areas. Your timing for a lateral move appears favorable given current market conditions.

Bar Admission and Practical Requirements

Regarding Colorado bar reciprocity for DC practice, you'll want to verify current requirements directly with the DC Bar, as admission rules change periodically. Many firms will support the bar admission process for lateral partners, though having admission in hand obviously strengthens your candidacy.

For partner-level positions, firms typically expect bar admission (or a clear timeline for admission) in the jurisdiction where you'll be practicing. The bar reciprocity checker can help you understand current requirements, though always confirm details directly with the relevant bar authority.

Partnership Track and Long-Term Trajectory

Hogan Lovells' pathway from non-equity to equity partnership typically involves demonstrating sustained business development success, client relationship management, and practice leadership. The timeline varies, but firms typically evaluate non-equity partners for equity consideration after several years, though timelines vary significantly depending on performance and firm needs.

The firm's international platform can be advantageous for business development—cross-border transactions and multi-jurisdictional regulatory matters often generate higher-value client relationships. Your corporate background should translate well to these opportunities.

Consider discussing partnership criteria explicitly during your interview process. Understanding the firm's specific expectations for business development, billing targets, and leadership responsibilities will help you evaluate whether the opportunity aligns with your career trajectory goals.