In the spring of 2016, Major, Lindsey & Africa (MLA) launched its 2016 Partner Compensation Survey. The Survey, which was sent to nearly 77,000 law firm partners in Am Law 200-, NLJ 350- and Global 100-size firms across the United States, was the fourth in a series of ground-breaking, biennial surveys begun by MLA in 2010. The MLA Partner Compensation Survey continues to be the most comprehensive effort ever undertaken to identify ranges of partner compensation, the criteria law firms use in determining partner compensation, and the satisfaction of law firm partners with their compensation and compensation systems. Prior editions of this Survey included an overview of various factors perceived by respondents to be important in the determination of their compensation. However, because the results from those questions remained virtually unchanged during the three previous Surveys, we have elected to temporarily retire those questions in the 2016 Survey so that we can address other important partner issues. Accordingly, for 2016 we added a number of new questions relating to capital contributions, monthly draws, bonus pools and retirement plans.
This Survey was sponsored and developed by Major, Lindsey & Africa (MLA) in association with ALM Intelligence.
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