Celebrating 10 years! 2007-2017

ID salaries roughly 4 years in (NYC)

What's an acceptable number? I was offered 85K and I think prestiiigiousone02/10/17
Size of the firm? Also, do you have a defined billable hour goorange88802/10/17
The firm that offered 85K is regional, roughly 30 attys in N prestiiigiousone02/10/17
That's really low t3success02/10/17
How many years experience do you have and are you bringing a jd4hire02/10/17
I know someone with the same amount of experience and accept trollfeeder02/10/17
at 4 yrs experience? any way you can give me a hint to the prestiiigiousone02/10/17
Bump - I want to know what this 110K ID firm is...can I give prestiiigiousone02/15/17
It is a captive firm of a major insurance carrier. trollfeeder02/15/17
Ok honestly that doesn't help much. E-mail me please at tri prestiiigiousone02/16/17
I know people in smaller cities with less experience in ID m bucwild02/10/17
What would it be on the plaintiffs' side? physicssezno02/10/17
85k w/ 4 years experience for 2200 billables would be bad in flharfh02/10/17
it'd be nice to find some specific info on billable hour req prestiiigiousone02/10/17
It'd be nice if it was. Unfortunately, the nature of the ind mrtor02/13/17
Contact a local recruiter. They can likely tell you salary i bucwild02/13/17
Many of these firms have about 30, 40, 50, 60 attorneys. No prestiiigiousone02/16/17
Wilson Elser pays more than 80K in NYC. Starting rate back i associatex02/22/17
I did ID in flyover country for many years. In my 5th year, tcpaul02/11/17
The cost of living is probably 3-4X that of flyover country. orgdonor02/16/17
prestiiigiousone (Feb 10, 2017 - 10:10 am)

What's an acceptable number? I was offered 85K and I think it's a bit low. The job would be mostly general liability. Good firm culture, apparently no specific billing requirement but was told average for associates is roughly 2200/year. Am worried about that number (current firm is 2000 and I'm struggling to meet that).

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goorange888 (Feb 10, 2017 - 11:11 am)

Size of the firm? Also, do you have a defined billable hour requirement?

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prestiiigiousone (Feb 10, 2017 - 11:14 am)

The firm that offered 85K is regional, roughly 30 attys in NYC office. about 60 more in scattered regional offices. See above for billable hours.

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t3success (Feb 10, 2017 - 11:12 am)

That's really low

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jd4hire (Feb 10, 2017 - 11:41 am)

How many years experience do you have and are you bringing any revenue streams? For my region, 85 is not bad for ID for or less years for decent firms. I know of ID firms that offer 45 to start and are paying less than 70k after 5 years.

I have no basis to judge in NYC and my region's cost of living is substantially less than NYC.

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trollfeeder (Feb 10, 2017 - 11:49 am)

I know someone with the same amount of experience and accepted a position at an id firm that does business in ny/nj metro area. He accepted a salary of $110k. I would say anything with 6 digits would be reasonable.

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prestiiigiousone (Feb 10, 2017 - 11:51 am)

at 4 yrs experience? any way you can give me a hint to the firm? sounds like somewhere I need to look

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prestiiigiousone (Feb 15, 2017 - 1:39 pm)

Bump - I want to know what this 110K ID firm is...can I give you an e-mail?

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trollfeeder (Feb 15, 2017 - 8:16 pm)

It is a captive firm of a major insurance carrier.

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prestiiigiousone (Feb 16, 2017 - 1:42 pm)

Ok honestly that doesn't help much. E-mail me please at tripper559@gmail.com

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bucwild (Feb 10, 2017 - 1:11 pm)

I know people in smaller cities with less experience in ID making more than that. That's awful.

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physicssezno (Feb 10, 2017 - 1:52 pm)

What would it be on the plaintiffs' side?

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flharfh (Feb 10, 2017 - 3:38 pm)

85k w/ 4 years experience for 2200 billables would be bad in flyover, let alone NYC in my opinion.

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prestiiigiousone (Feb 10, 2017 - 4:18 pm)

it'd be nice to find some specific info on billable hour requirements and salaries for NYC firms before I interview for them. Why isn't this info more public?

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mrtor (Feb 13, 2017 - 10:05 am)

It'd be nice if it was. Unfortunately, the nature of the industry obstructs the release of such information. Most law firms are small enough that current employees fear they can be identified by their employer if they publicly post their salary information. I'm surprised more former employees don't disseminate that data, but I suppose many don't want to risk burning bridges simply to give others an idea of the pay range.

Your best bet is develop a close enough friendship with attorneys at several area firms that you can discuss pay. There are ways to bring it up without awkwardly asking the attorney to disclose his or her own salary. Ask their opinion on the going rate. That opinion will likely factor in their own salary along with information they've obtained from others.

In the end, the area rates are often trivial. At this stage in your career, the bargaining strength of the parties will play a significant role in the tug of war that results in your offer. If you're valuable and the firm needs you, you may come out with a bigger number. If you're just another warm body with a JD in a firm that is used to turn over, you will likely receive a smaller number.

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bucwild (Feb 13, 2017 - 12:19 pm)

Contact a local recruiter. They can likely tell you salary information for firms that size, if not that very firm. They are a great best resource for finding out the market salary for smaller firms.

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prestiiigiousone (Feb 16, 2017 - 1:47 pm)

Many of these firms have about 30, 40, 50, 60 attorneys. Nobody would be "found out" if they anonymously released their salary, and they could do it after leaving the firm anyway, since so many job hop after a couple years. Would really help to have this data public. I know Wilson Elser is roughly 80K for a couple years in.

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associatex (Feb 22, 2017 - 2:20 am)

Wilson Elser pays more than 80K in NYC. Starting rate back in 2013 was $92K for GL and about $ 96K for other practice groups. Of course, you work like a dog for them since 2200 is the min you need to bill just to keep your job. On average, if you want to qualify for the bonus $$, you need to be at around 2600-2800/year. Thats a lot of weekends!!

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tcpaul (Feb 11, 2017 - 9:31 am)

I did ID in flyover country for many years. In my 5th year, I was making over $100k. I can't imagine trying to live in NYC and pay off loans on $85k.

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orgdonor (Feb 16, 2017 - 12:42 am)

The cost of living is probably 3-4X that of flyover country. After four years I wouldn't take less than $150k. Why bother? Rent is what? $3-4000/month. Plus city and state taxes. Restaurants and eating out always is $100/day.

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