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LawCrossing - Largest Collection of Active Legal Jobs Worldwide

LawCrossing offers the largest collection of active legal jobs in the world, including law firms, in-house positions, judges, public interest organizations, attorneys, partners, law students, paralegals, and legal staff.

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LawCrossing - Largest Collection of Active Legal Jobs Worldwide

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  1. What is LawCrossing? LawCrossing offers the largest collection of active legal jobs in the world: • From every employer: • AmLaw 100/200 • Law Firms • In-House • Judges • Public Interest Organizations • For every legal professional: • Attorneys • Partners • Law Students • Paralegals • Legal Staff

  2. Why LawCrossing? • LawCrossing has more than 140,000 legal jobs, 25 times more than any other job board. • LawCrossing lists even hidden jobs that you will not find elsewhere. • LawCrossing collects jobs from more than 250,000 websites and posts them on its site. • LawCrossing does not charge employers to post their jobs. • LawCrossing is private, and therefore far fewer people are applying for the jobs on its site than are applying for those on public job boards. The legal industry is a burgeoning sector. Read on to better understand the legal job market and the wide range of opportunities that your future holds.

  3. Lawyers per capita are on the rise • The number of lawyers in the United States has increased steadily over the past half-century and is currently estimated at more than 1,143,358. Lawyers Per Capita 1 Per 263 1 Per 700 1970 Today Source: http://usinfo.state.gov/products/pubs/legalotln/lawyers.htm Source: ABA Market Research Department, 6/2007 https://www.cia.gov/library/publications/the-world-factbook/print/us.html

  4. Attorney growth 1,143K Lawyers in the U.S. 1,000,000 973K 720K 552K 1980 1990 1992 2007 Graphics dramatically illustrate the growth in lawyer population. Source: ABA Market Research Department, 6/2007

  5. This market will continue to grow • Today’s Active Attorneys • 1,143,358 • Expect • 10% to 20% • growth by 2012 Source: American Bar Association 2007

  6. The percentage of lawyers in the AmLaw 100, the biggest firms, is growing 1985: 3.8% of 655,191 lawyers 1995: 4.4% of 857,931 lawyers 2000: 5.2% of 1,066,328 lawyers 2004: 6.3% of 1,084,504 lawyers 2007: 6.8% of 1,143,358 lawyers Source: Growing Pains, Alison Frankel, The American Lawyer, May 1, 2006 http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1145964622373; www.law.com/jsp/article.jsp?id=1209459933263&rss=newswire

  7. Attorney growth in the top 250 firms from 1985 to 2007 The increase in the number of attorneys at the top 250 firms indicates that firms continue to boost their ranks to meet the demands created by a strong business economy. Source: http://www.law.com/jsp/article.jsp?id=1194602651764

  8. Average top law firm partner compensation is growing • The average profits per partner of AmLaw 100 firms range widely from $375,000 to $1,500,000 Sources: The AmLaw 100 2005, The American Lawyer, July 2005; Competitive Intelligence for Law Firms Altman Weil Pensa surveys

  9. Serious money • AmLaw 100 average profit per partner: $1,065,000 • AmLaw 200 average profit per partner: $590,000 Source: (The American Lawyer, June 2006)

  10. Salaries for new attorneys are at an all-time high on the coasts • In 2007, midsize L.A. firm Irell & Manella and L.A. litigation firm Quinn Emanuel Urquhart Oliver & Hedges boosted pay to $160,000. • Gibson Dunn became the first large firm to follow suit in December, and several major firms on the East Coast then fell into line. • In 2007, New York firms such as Skadden, Arps; Sullivan & Cromwell; Kirkland & Ellis; Weil, Gotschal & Manges; and others began starting new associates at $160,000. Sources: Associate salary war moves to mid-U.S., National Law Journal, Leigh Jones/Staff reporter, June 8, 2006 December, 2006, BCG Research Top Recruiter Survey, www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1069170401903

  11. Mid-America law firm starting salaries are not far behind • The nation's middle regions are matching the $160,000-plus salaries of beginning attorneys. • Farella Braun & Martel and Perkins Coie increased compensation to $160,000 for the first-year associates they will hire in 2008. Source: www.nalpdirectory.com/dledir_search_results.asp?fscid=f055904&yr=2008&orgtypeid=F

  12. TOP 10 Schools TOP 11-20 Schools TOP 21-100 Schools TIER 3 Schools TIER 4 Schools # LAWYERS IN OFFICE MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % Solo - 0% - 2% 50,000 4% 55,000 6% 57,500 8% 2-20 135,000 6% 75,500 16% 60,000 29% 55,000 36% 54,500 41% 21-100 130,000 20% 130,000 27% 94,000 20% 85,000 15% 79,500 12% 101-250 145,000 25% 135,000 22% 107,000 10% 95,000 6% - 2% 251+ 150,000 25% 140,000 11% 135,000 5% 137,000 3% - 1% Business 120,000 6% 80,000 5% 84,000 9% 70,000 11% 80,000 11% Median lawyer income within 2-3 years after law school Source: After the JD: First Results of a National Study of Legal Careers, NALP Foundation, 2004, http://www.nalpfoundation.org/webmodules/articles/articlefiles/87-After_JD_2004_web.pdf

  13. Revenue by industry Actual revenue Revenue by thousands And how much revenue is generated by the legal industry? Source: U.S. Census Bureau, http://www.census.gov/econ/census02/

  14. Comparisons to the legal industry Revenue by thousands Actual revenue Source: U.S. Census Bureau, http://www.census.gov/econ/census02/

  15. Legal industry revenue is growing • Over the past ten years, the average gross revenue of the top 250 firms nationwide increased by 56% to $265.5 million. • During the same time period, average annual profits per partner at these firms rose by 34% to $755,000. $265.5 million 56% increase in 10 years! Source: http://www.judicialaccountability.org/baraccountability6.htm

  16. Financial growth of one firm • Skadden, Arps, Slate, Meagher & Flom declared that the firm was the first to gross 2.2 billion dollars a year. • In 1978, the firm had 160 lawyers and grossed $30 million. • In 2007, the 421 equity partners of the firm earned a stunning average profit of $2.28 million for the year. 1978: $30 million Today: $2.2 billion Source: http://www.judicialaccountability.org/baraccountability6.htm, http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1209459934571, http://www.nylawyer.com/adgifs/decisions/043008chart.pdf

  17. Akin, Gump, Strauss, Hauer & Feld (Washington, DC) Partners $350-$600 Associates $170-$330 • Cooley Godward (Palo Alto, CA) Partners $330-$600 Associates $190-$425 • Kramer Levin Naftalis & Frankel (New York, NY) Partners $440-$625 Associates $210-$440 • Locke Liddell & Sapp (Houston, TX) Partners $300-$595 • Associates $150-$350 Hourly billing rates on the rise • In another survey, about 75% of the 250 largest law firms said they raised their billing rates in 2006. • In big cities, some partners are billing out at $1,000 per hour or even more. • Here are some sample attorney hourly billing rates: ** Sources: *NLJ, http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1165582055184 **http://www.law.com/special/professionals/nlj/2002/firm_by_firm_sampling_of_billing_rates_nationwide.shtml

  18. Even average lawyers are affluent consumers • Average household income: $199,000 • Attorney average household income by firm size: • 1-9 lawyers: $176,000 • 10-99 lawyers: $204,000 • 100-499 lawyers: $241,000 • 500+ lawyers: $363,000 Source: American Bar Association

  19. Top lawyers make even more • Average employment income: $689,800 • Average household income: $846,000 • Total market value of investments: $3.289 million • Average household net worth: $4.0 million Income Income Sources: Survey, The American Lawyer, Survey American Bar Association

  20. Legal market breakdown The Cream Of The Crop • The top 200 firms have revenues from $940,000 to $1,610,000. • The smallest firm among the top 200 law firms by revenue has 129 attorneys. • There are approximately 69,000 attorneys in the top 100 firms. Top 200 Firms Sources: http://www.law.com/jsp/tal/PubArticleTAL.jsp?hubtype=Cover+Story&id=1148634338793 http://www.law.com/jsp/tal/PubArticleTAL.jsp?hubtype=Cover+Story&id=1145803851957, American Lawyer

  21. 1.3% 2% 2.5% 3% 5.4% 10.1% 10.3% 11.5% 14.7% 15.7% 25.3% A breakdown of the legal profession:74% are in private practice Source: American Bar Association survey

  22. Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Paralegal Paralegal Paralegal Paralegal Librarian MIS Acquisition Directors Law firm hierarchy Basic structure for law office Managing partner Executive committee Senior partner of specialty Senior partner of specialty Senior partner of specialty Senior partner of specialty You must play one firm off the next.

  23. LawCrossing vs. other job boards Number of Jobs on Each Job Board in U.S. Approximate figures – subject to change

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