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.
Private equity funds focusing on emerging companies create significant lateral opportunities for corporate attorneys. These funds drive demand for specialized legal services in M&A, securities, and regulatory compliance as their portfolio companies scale.
Labor and employment partners typically need $1-3M in portable business for lateral moves, though requirements vary significantly by market and firm tier. Strong client relationships and specialized expertise can sometimes offset lower book numbers.
Technology-adjacent practices, employment law, and privacy/data security lead 2026 lateral demand, with significant regional variations. High-growth markets like Charlotte and Seattle offer unique opportunities beyond traditional BigLaw strongholds.
Moore & Van Allen is Charlotte's premier regional firm, particularly strong in banking, financial services, and corporate law due to its proximity to Bank of America and Wells Fargo headquarters. The firm dominates the local market in commercial real estate and maintains solid litigation capabilities.
Patent litigation associates handle document review, prior art research, claim construction briefing, expert witness coordination, and trial preparation. The work is highly technical and substantive, with better work-life balance than M&A but intense periods during trials and key deadlines.
Law firm partnership offers significant financial rewards through equity participation and profit sharing, plus professional autonomy, business development opportunities, and long-term wealth building potential. However, partners also assume substantial business risks and client responsibility.
Equity partnership means owning a stake in the firm with voting rights and profit-sharing, while non-equity partners receive salary/bonus without ownership. Equity partners typically earn significantly more but face greater financial risk and responsibility.
Wyoming's employment law market is limited but stable, driven primarily by energy sector needs and general business litigation. Most sophisticated work flows to larger Colorado or Utah firms, making it better suited for attorneys seeking smaller practice environments.
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.
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.
Securities litigation offers strong compensation and steady demand, particularly at elite firms and boutiques. The practice combines complex financial analysis with high-stakes litigation, making it an attractive specialty for experienced commercial litigators.
Fenwick & West is a premier Silicon Valley technology law firm known for venture capital, IPOs, and emerging company representation. They're particularly strong in tech transactions, employment law for tech companies, and intellectual property matters.