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Changes in Law Firm Salaries from 2000 to 2001
NALP Bulletin, July 2002
Data from the Class of 2001 reveal that the percentage of law firm jobs
paying salaries in excess of $95,000 was 46%, compared with 39% for the Class of
2000, and that the overall median increased from $80,000 to $90,000. Continuing
increases in law firm salaries in recent years certainly contributed to this
rise, as did a continuing increase in the share of jobs taken in large firms.
However, a closer look at specific geographic markets, which can be assumed to
reflect roughly the same mix of jobs with respect to firm size, reveals some
interesting contrasts.
With some exceptions, salary medians in the 20 largest markets, which are
highlighted in the table at right, were either steady or showed only small
increases, while in many smaller markets, the median increased considerably.
Birmingham, Milwaukee, and Orlando are examples. While the medians clearly are
lower in the smaller markets than in the largest markets, the difference is not
as great as it was in 2000. Without exception, the cities in which the median,
or more accurately, the prevailing salary, was $125,000 in 2000, the median
remained at $125,000 in 2001.
Change in Median Starting Salary in Law Firms
Selected
Cities Ranked by Change from 2000 to 2001
|
MEDIAN IN: |
NO. OF SALARIES REPORTED
IN: |
PERCENT
CHANGE
IN
MEDIAN |
| 2000 |
2001 |
2000 |
2001 |
| Louisville, KY |
$45,000 |
$70,000 |
56 |
55 |
55.6% |
| San Diego, CA |
85,000 |
125,000 |
162 |
156 |
47.1 |
| Orlando, FL |
52,750 |
70,000 |
54 |
54 |
32.7 |
| Miami, FL |
65,000 |
85,000 |
127 |
93 |
30.8 |
| Irvine, CA |
98,500 |
125,000 |
36 |
59 |
26.9 |
| Birmingham, AL |
66,000 |
80,000 |
66 |
61 |
21.2 |
| Milwaukee, WI |
80,000 |
95,000 |
96 |
106 |
18.8 |
| Cleveland, OH |
77,000 |
90,000 |
153 |
121 |
16.9 |
| Tampa, FL |
55,000 |
63,000 |
59 |
72 |
14.5 |
| Denver, CO |
70,000 |
79,000 |
95 |
84 |
12.9 |
| Seattle, WA |
80,000 |
90,000 |
115 |
114 |
12.5 |
| Houston, TX |
94,000 |
105,000 |
266 |
298 |
11.7 |
| New Orleans, LA |
64,500 |
72,000 |
62 |
64 |
11.6 |
| Chicago, IL |
112,250 |
125,000 |
630 |
619 |
11.4 |
| Wilmington, DE |
90,000 |
100,000 |
50 |
50 |
11.1 |
| Baltimore, MD |
76,750 |
85,000 |
68 |
61 |
10.7 |
| Portland, OR |
68,000 |
75,000 |
95 |
84 |
10.3 |
| Nashville, TN |
73,000 |
80,000 |
59 |
58 |
9.6 |
| Salt Lake City, UT |
66,000 |
72,100 |
64 |
62 |
9.2 |
| Kansas City, MO |
74,000 |
80,000 |
118 |
107 |
8.1 |
| Indianapolis, IN |
70,000 |
75,000 |
82 |
79 |
7.1 |
| Philadelphia, PA |
98,000 |
105,000 |
268 |
274 |
7.1 |
| Columbus, OH |
75,000 |
80,000 |
74 |
82 |
6.7 |
| Richmond, VA |
75,000 |
80,000 |
43 |
66 |
6.7 |
| Minneapolis, MN |
85,000 |
90,000 |
168 |
175 |
5.9 |
| Las Vegas, NV |
52,000 |
55,000 |
59 |
68 |
5.8 |
| Dallas, TX |
100,000 |
105,000 |
276 |
328 |
5.0 |
| Austin, TX |
105,000 |
110,000 |
102 |
82 |
4.8 |
| Washington, DC |
120,000 |
125,000 |
781 |
796 |
4.2 |
| Cincinnati, OH |
75,000 |
78,000 |
79 |
82 |
4.0 |
| St. Louis, MO |
74,000 |
75,000 |
119 |
138 |
1.4 |
| Phoenix, AZ |
80,000 |
80,000 |
90 |
66 |
0.0 |
| Los Angeles, CA |
125,000 |
125,000 |
553 |
572 |
0.0 |
| Menlo Park, CA |
125,000 |
125,000 |
29 |
52 |
0.0 |
| Palo Alto, CA |
125,000 |
125,000 |
206 |
218 |
0.0 |
| San Francisco, CA |
125,000 |
125,000 |
300 |
344 |
0.0 |
| Atlanta, GA |
100,000 |
100,000 |
312 |
324 |
0.0 |
| Boston, MA |
125,000 |
125,000 |
397 |
434 |
0.0 |
| Detroit, MI |
90,000 |
90,000 |
58 |
63 |
0.0 |
| Charlotte, NC |
100,000 |
100,000 |
60 |
70 |
0.0 |
| New York, NY |
125,000 |
125,000 |
1,584 |
1,165 |
0.0 |
| Sacramento, CA |
57,000 |
55,000 |
69 |
53 |
-3.5 |
| Pittsburgh, PA |
82,000 |
75,000 |
137 |
148 |
-8.5 |
| Buffalo, NY |
43,500 |
39,000 |
32 |
54 |
-10.3 |
Note: Cities in this table had at least 50 salaries reported for the Class of
2001.
Source: Based on data published in Jobs & JD's: Employment and
Salaries of New Law Graduates for the Classes of 2000 and 2001.
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