TBA Law Blog


Posted by: Stacey Shrader Joslin on Oct 26, 2022

Average annual pay for U.S. law firm partners reached new heights in 2021, as increased client demand buoyed firm profits, according to a report by Major, Lindsey & Africa. But a gender pay gap persists. Male partners reported average compensation of $1.21 million in 2021, while female partners said they received an average of $905,000. The 34% gap has narrowed from 44% in 2020. The survey also looked at pay by practice area. Among the seven areas studied, corporate partners reported the highest average total compensation, followed by litigation partners. Labor and employment partners reported the lowest average total compensation. Tax partners reported the only decline from 2020. Read more from Reuters or access the full report.