What Are the Highest-Paying Law Firms?

by Albert Howard
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What Are the Highest-Paying Law Firms?

When it comes to finding a job that pays well, many people think of careers in the law. In fact, according to the National Association for Law Placement (NALP), lawyers are one of the highest-paid professionals in the United States. But which law firms pay the most? Keystone Law Firm will be discussing the highest paying law firms.

Allen & Overy

Allen & Overy is an international law firm that was founded in London in 1930 by George Allen and Thomas Overy. Today, Allen & Overy is one of the largest law firms in the world, with a turnover of over £1.6 billion and a headcount of over 5,000 lawyers and staff in 46 offices worldwide. The firm provides a full range of legal services to companies, financial institutions and governments.

The firm has a strong focus on corporate work, with a dedicated team of over 1,500 lawyers advising on M&A, capital markets, banking, private equity and tax. Other key practice areas include dispute resolution, competition law, EU law, public international law and regulatory investigations.

The highest-paid Allen & Overy employees are the firm’s partners, who earn an average of $667,000 annually. The firm’s lawyers are also amongst the highest-paid in the world, with an average salary of over $200,000 for counsel, over 175,000 for senior associates, over 100,000 for associates, and the lowest-paid employees being the junior managers who earn slightly below $50,000 annually.

Cahill Gordon & Reindel LLP

Cahill Gordon & Reindel LLP is an international law firm headquartered in New York City. The firm has offices in Washington, D.C. and London. Cahill Gordon & Reindel LLP represents a wide range of clients, including Fortune 500 companies, major financial institutions, and leading law firms. The firm’s practice areas include banking and finance, capital markets, mergers and acquisitions, private equity, venture capital, litigation, antitrust, white-collar crime, intellectual property, product liability, and real estate.

The average salary for associates at the firm is over $200,000, while the lowest-paid employees are the junior managers who earn slightly below $50,000 annually.

Clifford Chance

Clifford Chance is an international law firm with offices across Europe, Asia, the Middle East and Latin America. The company provides a full range of legal services to clients in the corporate, finance, dispute resolution and regulatory sectors.

Clifford Chance is one of the highest-paying law firms in the world, with an average salary of over $170,000 for associates and the lowest-paid employees are the paralegals who earn slightly above &45,000. Some of the firm’s key practice areas include corporate law, finance, dispute resolution, and regulatory work. 

Clifford Chance is known for attracting some of the brightest legal minds in the industry, and for offering its employees excellent professional development opportunities. The firm also provides a generous benefits package, which includes a retirement plan, health insurance, and a bonus program.

Debevoise & Plimpton LLP 

Debevoise & Plimpton LLP is an international law firm headquartered in New York City. The firm has offices in  New York City, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong, and Shanghai. The firm provides a full range of legal services to clients around the world. The firm’s practice areas include corporate law, mergers and acquisitions, private equity, investment management, tax, litigation, and white-collar crime.

The average salary for associates at the firm is slightly below $170,000 while the lowest-paid employees are legal assistants who earn slightly below $60,000 annually. In addition to a competitive salary and benefits package, Debevoise & Plimpton offers excellent professional development opportunities, including in-house training programs and mentorship programs. 

Gibson Dunn & Crutcher LLP 

Gibson Dunn & Crutcher LLP is an international law firm with over 1,200 lawyers in 20 offices around the world. The firm represents a wide range of clients in key practice areas such as litigation, corporate law, finance, real estate, intellectual property, capital markets and regulatory work. Gibson Dunn & Crutcher LLP is one of the world’s leading law firms, with a reputation for providing top-quality legal services to Fortune 500 companies and other major clients. The firm’s lawyers are widely recognized as experts in their fields, and the firm has consistently been ranked among the “Best Places to Work” by leading legal publications.

When it comes to compensation, Gibson Dunn & Crutcher is one of the top-paying law firms in the world. The firm’s associates earn an average of over $250,000 per year while the lowest-paid employees are the junior managers who earn slightly below $50,000 annually. Gibson Dunn & Crutcher is an ideal place for legal professionals who want to work with the best and brightest in their field and enjoy top-notch professional development opportunities.

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