In the spring of 2016, Major, Lindsey & Africa launched its 2016 Partner Compensation Survey. The Survey, which was sent to nearly 77,000 law firm partners in Am Law 200-, NLJ 350- and Global 100-size firms across the United States, was the fourth in a series of groundbreaking, biennial surveys begun in 2010. Our Partner Compensation Survey continues to be the most comprehensive effort ever undertaken to identify ranges of partner compensation, the criteria law firms use in determining partner compensation, and the satisfaction of law firm partners with their compensation and compensation systems.
This Report provides (i) an overview of the Survey, (ii) the demographic breakdown of the respondents to the Survey, (iii) selected highlights of compensation and other practice metrics as reported by the respondents, (iv) selected highlights of compensation satisfaction and overall satisfaction as reported by the respondents and (v) selected highlights of capital contributions, monthly draws, bonus pools and retirement plans as reported by the respondents.
This Survey was sponsored and developed by Major, Lindsey & Africa in association with ALM Legal Intelligence (ALI), a research arm of ALM Media, the publisher of The American Lawyer. The Survey consisted of 32 questions, with the results broken down into categories.