Hogan Lovells non-equity partners typically earn approximately $400K-$800K annually, varying by office, practice area, and performance. The firm's international platform and strong market position generally support competitive compensation packages.
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.
Fund finance focuses on subscription facilities and capital call lending to private equity/hedge funds, while traditional banking covers broader commercial lending. Fund finance typically offers higher compensation and more deal velocity, though both practices share core lending documentation skills.
Financial services associates in Charlotte typically earn 15-25% less than NYC counterparts, but with 40%+ lower cost of living. Strong demand from major banks and growing fintech sector creates competitive opportunities.
Private credit service partners represent borrowers and lenders in direct lending transactions outside traditional banking. This rapidly growing practice area offers strong compensation but demands deep technical skills and significant client development.
In-house attorneys routinely sign interrogatories and discovery responses as part of their role, but should understand the professional liability implications and implement proper review procedures. This responsibility comes with the territory of being corporate counsel.
Charlotte's finance legal market is dominated by both national firms and regional powerhouses, driven by Bank of America and Wells Fargo headquarters. The market offers excellent training opportunities with 15-25% lower salaries than NYC but significantly lower living costs.
Bankruptcy and restructuring associates handle a mix of transactional and litigation work, from due diligence and document drafting to court filings and creditor negotiations. The practice combines corporate finance skills with specialized bankruptcy law knowledge.
Investment management and funds law is experiencing robust growth driven by record private equity activity, new regulatory frameworks, and expanding alternative investment strategies. Demand is particularly strong in major financial centers and firms are actively recruiting experienced practitioners.
The litigation-to-transactional switch is challenging but achievable, especially for mid-level associates with strong analytical skills. Success depends on timing, market positioning, and willingness to potentially step back in seniority initially.
Fund finance offers strong lateral opportunities for associates with banking experience, featuring high demand, competitive compensation, and diverse exit paths. The practice combines subscription credit facilities, NAV lending, and hybrid capital structures in a growing market driven by private equity expansion.
Charlotte offers one of the strongest regional banking markets in the US, anchored by Bank of America and Wells Fargo headquarters. While salaries run 15-25% below major markets, the sophisticated deal flow and lower cost of living create compelling opportunities for banking attorneys.
Most lateral partners receive some form of income protection, though the structure varies significantly by firm size, market, and individual circumstances. Guaranteed draws are common but typically decrease over time as partners are expected to build their client base and contributions.
Non-equity partners typically earn fixed salaries ranging from approximately $300K-$800K plus bonuses, while equity partners receive profit distributions that can vary significantly based on firm performance and individual contributions.