BCG Attorney Search’s new report, Elite Law Firm Partners Earning $25M+: Top Rainmaker Compensation Analysis 2024, pulls back the curtain on the stratospheric earnings of Big Law’s most powerful rainmakers.
Read the full report to explore more:
Elite Law Firm Partners Earning $25M+: Top Rainmaker Compensation Analysis 2024
Key Highlights:
- Top partners at firms like Simpson Thacher, Kirkland & Ellis, and Latham & Watkins now clear $25M–$30M annually.
- Elite status requires $15M+ in annual originations and massive portable client books.
- New York dominates, but California, Chicago, and emerging markets like Texas and Florida are catching up.
- Big pay comes from a mix of base comp, bonuses, equity, and long-term incentives.
- Private equity/M&A partners lead the pack, followed by corporate finance, high-stakes litigation, and IP.
Bottom line: The competition for elite rainmakers is fierce, with firms offering multi-year guarantees, signing bonuses, and equity stakes to land top talent.
Read the full report to explore more:
Elite Law Firm Partners Earning $25M+: Top Rainmaker Compensation Analysis 2024
