Canadian Lawyer

July 2017

The most widely read magazine for Canadian lawyers

Issue link: https://digital.canadianlawyermag.com/i/840301

Contents of this Issue

Navigation

Page 21 of 51

22 J U L Y 2 0 1 7 w w w . C A N A D I A N L a w y e r m a g . c o m Compensation Survey ASSOCIATE COMPENSATION (NATIONAL) (Sample size 57) Year of call $110,001 to $150,000 $150,001 to $200,000 $200,000 to $250,000 $250,001 to $300,000 More than $300,000 2015 - 2016 5% 2% 2% 0% 0% 2012 - 2014 14% 4% 2% 2% 0% 2009 - 2011 21% 9% 0% 4% 2% 2008 and earlier 25% 16% 5% 0% 5% Year of call Less than $25,000 $25,000 to $40,000 $40,001 to $65,000 $65,001 to $80,000 $80,001 to $95,000 $95,001 to $110,000 2015 - 2016 5% 2% 39% 26% 11% 9% 2012 - 2014 12% 0% 19% 21% 18% 9% 2009 - 2011 14% 2% 4% 21% 16% 9% 2008 and earlier 9% 2% 4% 12% 14% 9% IN THE COMING YEAR, WILL YOUR FIRM: (Sample size 143) 1 2 3 Hire more lawyers? 48% Keep the same number of lawyers? 47% Reduce the number of lawyers? 6% WILL SALARIES INCREASE IN 2017? (Sample size 55) Yes No 65% 59% 41% 35% Less than 300 hours 0% 300 to 600 hours 0% 601 to 900 hours 901 to 1,200 hours 1,200 to 1,500 hours 1,501 to 1,800 hours More than 1,800 hours ASSOCIATE BILLABLE HOUR TARGETS (Sample size 35) 6% 14% 31% 40% 5% 5% 3% 3% 2% 7% 7% 7% 9% ASSOCIATE MONETARY BILLING TARGET (Sample size 24) Less than $200,000 $200,000 - $300,000 $300,001 - $400,000 $400,001 - $500,000 $501,000 - $1 million 0% More than $1 million Don't know 0% Refuse to answer 22% 44% 7% 7% 7% 11% Up to $50,000 $51,000-$100,000 $101,000-$150,000 $151,000-$200,000 $201,000-$250,000 $251,000-$300,000 $301,000-$350,000 $351,000-$400,000 $401,000-$450,000 $451,000-$500,000 $501,000-$550,000 $551,000-$600,000 More than $600,000 PARTNER COMPENSATION (NATIONAL) (Sample size 84) 13% 13% 10% 9% 15% DID PARTNER EARNINGS INCREASE IN THE LAST YEAR? (Sample size 101) Yes No 1 2 3 O f this year's 226 respondents in Canadian Lawyer's annual Compensation Survey, 43% identified themselves as local firms, 32% said they were regional, 14% said they were national and a further 10% were global. The vast majority — 48% — of law firms or legal departments contained two to nine lawyers, with 23% containing one lawyer. A further 17% contained 10-49 lawyers, 5%

Articles in this issue

Archives of this issue

view archives of Canadian Lawyer - July 2017