A discussion of the best way to get a job using an attorney recruiter or a legal recruiter. The best way to find attorney jobs with an attorney recruiter.
7. Revenue by industry Source: U.S. Census Bureau, http://www.census.gov/econ/census02/ Revenue by thousands Actual revenue And how much revenue is generated by the legal industry?
8. Compare to the legal industry Revenue by thousands Actual revenue Source: U.S. Census Bureau, http://www.census.gov/econ/census02/
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12. The percentage of lawyers in the AmLaw 100 and 200 is growing - as is the need to fill those positions Sources: Growing Pains, Alison Frankel, The American Lawyer, May 1, 2006 http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1145964622373 1985: 3.8% of 655,191 lawyers 1995: 4.4% of 857,931 lawyers 2000: 5.2% of 1,066,328 lawyers 2004: 6.3% of 1,084,504 lawyers
20. The Am Law 200: Profits per partner Source: The American Lawyer , June 2006 7.3% $2,120,000 Kirkland & Ellis 9 -6.9% $2,285,000 Cahill Gordon 8 1.7% $2,370,000 Simpson Thacher 7 2.6% $2,410,000 Sullivan & Cromwell 6 14.8% $2,475,000 Paul, Weiss 5 20.6% $2,545,000 Cadwalader 4 17.9% $2,600,000 Cravath 3 7.7% $2,800,000 Boies, Schiller 2 8.3% $3,790,000 Wachtell 1 % Change from previous year Profits Per Partner Firm
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24. Lawyer median income in 2-3 years after law school Source: After the JD: First Results of a National Study of Legal Careers, NALP Foundation, 2004, http://www.nalpfoundation.org/webmodules/articles/articlefiles/87-After_JD_2004_web.pdf 11/5 80,000 11% 70,000 9% 84,000 5% 80,000 6% 120,000 Business 1% - 3% 137,000 5% 135,000 11% 140,000 25% 150,000 251+ 2% - 6% 95,000 10% 107,000 22% 135,000 25% 145,000 101-250 12% 79,500 15% 85,000 20% 94.000 27% 130,000 20% 130,000 21-100 41% 54,500 36% 55,000 29% 60,000 16% 75,500 6% 135,000 2-20 8% $57,500 6% $55,000 4% 50,000 2% - 0% - Solo % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY # LAWYERS IN OFFICE TIER 4 Schools TIER 3 Schools TOP 21-100 Schools TOP 11-20 Schools TOP 10 Schools
25. Grades are critical, but not as important at top schools Income by grades and schools for sampling of 5,000 Lawyers 2 – 3 years after graduation Source: After the JD: First Results of a National Study of Legal Careers, NALP Foundation, 2004, http://www.nalpfoundation.org/webmodules/articles/articlefiles/87-After_JD_2004_web.pdf 50,000 51,500 51,500 49,000 - GPA 2.50 or Lower 50,000 55,000 51,025 56,000 - GPA 2.75 – 2.99 60,000 55,820 63,000 00,000 125,000 GPA 3.00 0 3.24 57,000 65,000 80,000 105,000 135,000 GPA 3.25 – 3.49 79,000 90,000 90,000 127,460 140,000 GPA 3.50 - 3.74 79,000 93,000 100,000 135,000 $130,000 GPA 3.75 – 4.00 TIER 4 TIER 3 TOP 21-100 TOP 11-20 TOP 10
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27. Five highest paid general counsel ranked by cash compensation—salary plus bonus Source: http://www.law.com/jsp/cc/pubarticleCC.jsp?id=1121331913549 $3,442,000 $0 $3,442,000 $1,300,000 The News Corp. Ltd. Arthur Siskind $3,083,173 $0 $3,083,173 $2,000,000 Viacom Inc. Michael Fricklas $3,780,769 $0 $3,780,769 $2,800,000 Time Warner Paul Cappuccio $6,898,033 $3,098,033 $3,800,000 $3,350,000 Lehman Bros. Holdings Thomas Russo $11,307,110 $6,648,777 $4,658,333 $3,125,000 General Electric Benjamin Heineman Jr. Total Stock + Value Realized Value Realized Cash Compensa-tion Bonus Company GC
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