Celebrating 10 years! 2007-2017

NYC Plaintiff Firm Compensation

What is reasonable to expect at one of the big plaintiff fir loser1204/06/17
Am I missing something? You are going from needing help fili mrtor04/06/17
I was in tax, but didn't like it. Like I said, the complaint loser1204/06/17
Can someone provide insight? You can ask me questions and/or loser1204/06/17
I received a job offer for $60K from a mid size plaintiff PI associatex04/06/17
What %age of judgments won is standard? Thanks. loser1204/07/17
I don't think you are going to be able to get a straight ans lolasaurusrex04/08/17
Thanks. I actually meant if you keep a percentage of the jud loser1204/08/17
Ohhhhh my mistake. Arrangement I have at work is anywhere fr lolasaurusrex04/09/17
Got it, and how can i circumvent a lack of experience? I hav loser1204/09/17
You quit and got severance? That seems unusual. retard04/10/17
loser12 (Apr 6, 2017 - 4:29 pm)

What is reasonable to expect at one of the big plaintiff firms? I'm only able to find paralegal salaries, which are around 60k. They say compensation up to 300k by year 3, which seems about as trustworthy as a publisher's clearing house letter. The info I'm finding for similar firms varies between 40-100k starting + a percentage of winnings. Obviously, that's a huge discrepancy. I just want to know how to handle negotiations. Thanks.

Also, thanks for directing me to resources to help with filing a complaint. I wound up getting a mutually favorable settlement. I was accused of laziness. The truth is I did not think those resources would be available online.

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mrtor (Apr 6, 2017 - 4:36 pm)

Am I missing something? You are going from needing help filing a complaint to expecting a six figure offer from an elite NYC plaintiff's firm? The dots are not connecting.

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loser12 (Apr 6, 2017 - 5:10 pm)

I was in tax, but didn't like it. Like I said, the complaint was not for work or profit and I had no experience in that area of law. That said, it seems like my cup of tea. i'm from the midwest originally. My family doesn't have access to lawyers. It's completely unrelated to my experience professionally. I couldn't ask for help because it technically violated my employment agreement.

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loser12 (Apr 6, 2017 - 5:16 pm)

Can someone provide insight? You can ask me questions and/or launch ad hominem attacks afterwards.

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associatex (Apr 6, 2017 - 10:27 pm)

I received a job offer for $60K from a mid size plaintiff PI firm back in 2006-2007. Not sure if its better now, but generally they arent going to pay big $$ if you lack experience.

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loser12 (Apr 7, 2017 - 9:08 pm)

What %age of judgments won is standard? Thanks.

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lolasaurusrex (Apr 8, 2017 - 2:50 am)

I don't think you are going to be able to get a straight answer on this without more information on what the firms you are looking into specilize in. For instance in my neck of the woods in med mal cases 90% of all verdicts are defense verdicts. You are considered elite if you win 20-25% of the time. Of course, the only way firms make money in med mals here is only by taking on the most egregious cases with significant damages and by their very nature the vast majority settle well before trial or before jury deliberations at the latest. On the other extreme you have automobile mills where I'd wager that the success rate is over 90% for a jury verdict on liability but what both sides are fighting over is damages.

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loser12 (Apr 8, 2017 - 4:33 pm)

Thanks. I actually meant if you keep a percentage of the judgments won as part of your salary. Based off what you said, keeping 20% of attorney's fees is not worth very much. It would also be poor business to let those egregious cases be controlled exclusively by an inexperienced lawyer so it's likelier I'd have bad cases. No?

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lolasaurusrex (Apr 9, 2017 - 2:40 am)

Ohhhhh my mistake. Arrangement I have at work is anywhere from 10-25% dependent on the value of the case I bring in. I'm in a small firm though but if I'm bringing in a complex case I'm sure as hell not being primarily responsible for it. Also even if I didn't originate a case if it's a large case or something i did the majority of the work on I'll be thrown a bone. Basically if the firm has a good year then I'm doing pretty well -- if not well I'm sticking basically with what my salary is.

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loser12 (Apr 9, 2017 - 5:10 pm)

Got it, and how can i circumvent a lack of experience? I have experience in another area of law, but hated the lack of client contact and my workplace was abusive (name calling, once had a paper weight give me a black eye). I was nervous about filing a complaint, and figured I'd find something new more quickly. I don't want to say I left because it was abusive because unless they knew specifics, it's a big red flag. I also had to sign a non-disclosure to get any sort of severance. I'm less careful about it now because it was more an ultimatum than an agreement and they violated the agreement, but it's still not great to talk about.

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retard (Apr 10, 2017 - 9:26 am)

You quit and got severance? That seems unusual.

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