The survey indicated that pay transparency significantly boosts lawyer satisfaction, with 74% of lawyers at transparent firms content with their compensation compared to just 52% overall.
Among surveyed lawyers, only 30% reported salary transparency, while 17% said their firm's salary policy was partially transparent, affecting their overall satisfaction with compensation.
The survey highlighted that median base pay varied greatly among associates and equity partners based on firm size, ranging from $120,000 to $800,000.
The responses captured a diverse range of attorneys, with 41% being associates, and the overall findings suggest a strong correlation between transparency and compensation satisfaction.
#law-firm-compensation #pay-transparency #lawyers-satisfaction-survey #salary-insights #2023-compensation-trends
Collection
[
|
...
]