What kind of law firms make the most money?

Also what is BIGLAW?





I also have heard from a handful of people, also online is that the government jobs pay well too. I guess the smaller the firm is, the less you get paid? I'm not after the money but I am interested in who makes the least, most, etc. Who works the most hours and why, etc. Any answers?

What kind of law firms make the most money?
Right now Bankruptcy firms are going gangbusters because of the poor economy.





BIGLAW refers to the top 100 firms in terms of the revenue they take in. This is usually only relevant to graduates of top law schools (Harvard, Columbia, Boalt) who are in the top 5% of thier class becuase BIGLAW only hires top students from top schools. There is prestige and perks, but you work infinte hours and sell them your soul. Some firms are better than others.





Each firm regardless of size tends to have its own corporate culture and a lot of smaller firms pay good money and are good places to work. Some of the top 100 firms are hell holes.





If you are a lawyer strongly consider an "in-house" counsel job. I notice that a lot of lawyers who start at a big firm and do well, but grow weary of the long hours will get a job with a client as an "in-house" counsel. These positions tend to work 9 to 5 and let you have life. They typically pay in the $100K range for someone with a year's experience at a law firm.





A Job at a big firm means you give your life to the firm!





As far as making money in a law firm. The critical question in the long run is do you bring in business or have special talent for, say, litigation. If you can get clients for the firm you will be welcome anywhere and can make good money.





There's a web page you can search for called greedy assoiciates where young lawyers go to ***** about their employers and compensation.





I hope this has been of some help to you.
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