BigLaw partner compensation in 2026 will likely continue growing modestly, with equity partners at top-tier firms earning $2-15M+ annually. Non-equity partners typically earn $500K-2M, while practice area and portable business significantly impact earnings potential.
Seattle's employment law market is dominated by regional powerhouses like Perkins Coie, Davis Wright Tremaine, and Lane Powell, with unique opportunities in tech employment law driven by Amazon, Microsoft, and Meta. The market offers strong growth potential but requires understanding of Washington's distinctive employment regulations.
Yes, salary negotiation is possible during lateral moves, though the flexibility varies significantly by firm size, market conditions, and your leverage. BigLaw firms typically have more rigid pay scales, while mid-market firms often offer greater negotiation room on base salary and bonus structures.
Legal recruiters typically charge law firms 25-33% of the placed candidate's first-year total compensation. Partner-level placements often command higher percentages due to complexity and revenue potential.
BigLaw associates handle sophisticated transactions and litigation with significant client responsibility, billing 1,900-2,400+ hours annually. Work varies dramatically by practice area, from M&A due diligence to complex commercial litigation, with clear advancement tracks to counsel and partnership.
Corporate associates handle M&A, securities, and general corporate work, with firms evaluating deal experience, drafting skills, and client management abilities. The current market strongly favors experienced corporate laterals, especially those with 3-7 years of experience.
Partner billable hours vary significantly by firm type and market, with Am Law 100 partners typically billing 2,000-2,400 hours annually. However, partners focus more on business development and client management than pure hour generation.
Evaluating an Am Law 100 lateral offer requires analyzing compensation against current Cravath scale benchmarks, assessing the firm's practice strength and culture, and weighing long-term career trajectory benefits against lifestyle trade-offs.
Moving from BigLaw to a quality employment boutique can be an excellent career move, especially given the robust demand for employment law expertise. While you'll likely take a short-term pay cut, the specialized experience and better work-life balance often lead to stronger long-term prospects.
Legal recruiters help attorneys navigate lateral moves by matching candidates with firm opportunities, providing market intelligence, and managing the interview process. They're typically paid by firms on successful placements, making their services free for candidates.
Non-equity partners receive fixed compensation and limited firm governance, while equity partners share in firm profits and have ownership stakes. The choice depends on your book of business, risk tolerance, and long-term career goals.
Silicon Valley litigation practices are experiencing strong demand, particularly in tech-adjacent disputes, employment litigation, and IP matters. Associates with 3-6 years of experience are well-positioned for moves to both elite tech boutiques and national firms with significant Bay Area presences.
Legal recruitment consultants are specialized headhunters who connect attorneys with law firms, handling everything from market intelligence to interview coaching. They're typically most valuable for lateral moves rather than entry-level positions.
Lateral partner placement fees are typically paid entirely by the hiring firm, not the candidate. These fees usually range from 25-33% of first-year compensation and don't directly reduce your package, though they may influence firm negotiations.
BigLaw partner compensation varies significantly by firm tier and partnership track. Most firms use a two-tier system with income equity partners earning $500K-$1.5M and full equity partners averaging $1.5M-$5M+ depending on origination and firm performance.