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Government Disclosures Shed Light on Big Law Salaries

By on May 20, 2018 in Administrative Law, Government

Banking - investing - money - advisorsLaw firm partnerships fiercely guard against disclosing what they pay their principals, points out Bloomberg Law. But partners must disclose compensation when opting for a government appointment.

“Top partners at major law firms can earn between $3 million to $10 million, according to compensation experts, while even career government lawyers with long service records rarely make more than $250,000,” writes reporter Elizabeth Olson.

As an example, the article reports that Dan M. Berkovitz, a partner at Wilmer Cutler Pickering Hale and Door, listed $1.18 million in partnership income for 2017 and a few months of 2018. Berkovitz was recently appointed one of the Commodity Futures Trading Commission’s commissioners.

And Robert Khuzami created waves a few months ago when he disclosed $11.1 million in partnership income over about a year’s period as a partner in Kirkland & Ellis’s white-collar practice. He is a deputy attorney general in the Southern District of New York.

Read the Bloomberg article.

 

 

 

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