How much do partners make at Wachtell?
Seven firms surpassed that salary figure, with average partner profits topping out at $7.5 million at deal firm Wachtell, Lipton, Rosen & Katz LLP, according to American Lawyer data. Ms.
How hard is it to get a job at Wachtell Lipton?
Hiring at Wachtell Lipton is notoriously competitive, and although they attend OCI at eleven schools they hire in statistically significant numbers from only seven (YHSCCNP).
Does Wachtell pay more?
Wachtell starts associates at $165,000, which is just about $5,000 more than the going rate in New York. But its bonuses are huge. Before the recession , the firm was known for giving associates bonuses that were 100% of their base salary.
What does Wachtell Lipton Rosen & Katz do?
Wachtell, Lipton, Rosen & Katz is a law firm that operates out of a single office in New York City. The firm is known for corporate law, regularly handling large and complex transactions. On both a profit per lawyer, and profit per equity partner basis, it is the most profitable law firm in the world.
How much are Wachtell bonuses?
$175,000 to $215,000
Midlevel associates are most satisfied with their compensation at Wachtell, Lipton, Rosen & Katz, which paid huge bonuses last winter ranging from $175,000 to $215,000. That compares to median New York bonuses of $55,000 to $80,000.
How much do lawyers make at Wachtell Lipton Rosen&Katz?
A typical Attorney salary at Wachtell, Lipton, Rosen & Katz is $215,394 per year. To get a better sense of the salaries at Wachtell, Lipton, Rosen & Katz, other roles such as Internship and Receptionist can be considered as well.
How much do Wachtell Lipton employees make?
The lowest-paid workers at Wachtell, Lipton, Rosen & Katz make less than $52,000 a year, while the highest-paid workers can earn over $206,000. Show More
What makes Wachtell partnerships so unique?
But the Lipton principle that gets the most credit for making Wachtell so unique is the way it pays its partners. No complex formula where origination credits are battled over between partners, but a lockstep compensation system that is solely tied to seniority:
Is Wachtell a good law firm to work for?
Within the world of Biglaw, the firm is relatively young (founded in 1965) and fairly small (260 attorneys), but they’re still regarded as one of the very best law firms — and one with a reputation as the hardest firm to get a job at. Big Law Business has put together a close look at what makes Wachtell well, Wachtell.