Credit: Bits and Splits/Adobe Stock Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher
"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
May 22, 2024 at 03:00 PM
5 minute read
Lawyer Compensation - Law Firm
The original version of this story was published on The American Lawyer
In paying the highest-earning equity partners more than $20 million, or around nine times more than their lowest-paid counterparts, Simpson Thacher & Bartlett joined a handful of peer Am Law 50 firms that can compete for the industry's most successful rainmakers.
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