Law

BigLaw Partners Are Pulling In This Huge Income While The Legal Industry Suffers

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A new survey reveals that big-time lawyers might earn more than you think, the AM Law Daily reported this week.

Over the past two years, partners at the nation's biggest firms saw a 6.4 percent increase in their average annual compensation – to a whopping $681,000.

These partners are making more, in part, because they're charging clients more per hour than they were in 2010, according to the AM Law Daily.

The survey included law partners from the Am Law's top 200 firms, the National Law Journal's top 350 firms and the American Lawyer's "Global 100."

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Before joining Business Insider, Erin was a senior reporter at Law360.com, where she covered the Supreme Court, sex-bias lawsuits, and legal battles over allegedly defective products. Previously, she served as a bureau chief for the Chattanooga Times Free Press in Dalton, Georgia, the self-proclaimed Carpet Capital of the World, where she covered motorcycle gangs and immigration, among other topics. Erin holds a master's degree from the Columbia School of Journalism and enjoys reading the style section when she isn't following the latest big crime story. She grew up in Marietta, Georgia.