What is LawCrossing? For every legal professional: Attorneys Partners Law Students Paralegals Legal Staff 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

From every employer:

AmLaw 100/200

Law Firms

In-House

Judges

Public Interest Organizations

Why LawCrossing? LawCrossing has more than 120,000 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 post 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. Legal industry is a burgeoning sector. Read on to better understand the legal job market and the wide scope that your future holds.

LawCrossing has more than 120,000 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 post 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.

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. 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 Today 1970 Lawyers Per Capita 1 Per 263 1 Per 700

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.

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

Lawyers in the U.S.

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

Today’s Active Attorneys

1,143,358

Expect

10% to 20%

growth by 2012

The percentage of lawyers in the AmLaw 100, the biggest firms, is growing 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 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

Attorney growth in the top 250 firms from 1985 to 2007 Source: http://www.law.com/jsp/article.jsp?id=1194602651764 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.

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

The average profits per partner of AmLaw 100 firms range widely from $375,000 to $1,500,000

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

AmLaw 100 average profit per partner: $1,065,000

AmLaw 200 average profit per partner: $590,000

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 and 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

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 and Weil, Gotschal & Manges and others began starting new associates at $160,000.

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, Perkins Coie, increased compensation to $160,000 for the first-year associates it will hire in 2008. Source: www.nalpdirectory.com/dledir_search_results.asp?fscid=f055904&yr=2008&orgtypeid=F

The nation's middle regions are matching the $160,000-plus salaries of beginning attorneys.

Farella Braun & Martel, Perkins Coie,

increased compensation to $160,000 for the first-year associates it will hire in 2008.

Lawyer median income in 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 11/5 80,000 11% 70,000 9% 84,000 5% 80,000 6% 120,000 Business 1% - 3% 137,000 5% 135,000 11% 140,000 25% 150,000 251+ 2% - 6% 95,000 10% 107,000 22% 135,000 25% 145,000 101-250 12% 79,500 15% 85,000 20% 94.000 27% 130,000 20% 130,000 21-100 41% 54,500 36% 55,000 29% 60,000 16% 75,500 6% 135,000 2-20 8% $57,500 6% $55,000 4% 50,000 2% - 0% - Solo % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY % MEDIAN SALARY # LAWYERS IN OFFICE TIER 4 Schools TIER 3 Schools TOP 21-100 Schools TOP 11-20 Schools TOP 10 Schools

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

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

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. Source: http://www.judicialaccountability.org/baraccountability6.htm 56% increase in 10 years! $265.5 million

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.

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 profit of an average of $2.28 million for the year. 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 1978: $30 million Today: $2.2 billion

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 profit of an average of $2.28 million for the year.

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 Locke Liddell & Sapp (Houston, TX) Partners $300-$595 Associates $150-$350 Kramer Levin Naftalis & Frankel (New York, NY) Partners $440-$625 Associates $210-$440 Cooley Godward (Palo Alto, CA) Partners $330-$600 Associates $190-$425 Akin, Gump, Strauss, Hauer & Feld (Washington, DC) Partners $350-$600 Associates $170-$330

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: **

Locke Liddell & Sapp (Houston, TX) Partners $300-$595

Associates $150-$350

Kramer Levin Naftalis & Frankel (New York, NY) Partners $440-$625 Associates $210-$440

Cooley Godward (Palo Alto, CA) Partners $330-$600 Associates $190-$425

Akin, Gump, Strauss, Hauer & Feld (Washington, DC) Partners $350-$600 Associates $170-$330

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

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

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 Sources: Survey, The American Lawyer, Survey American Bar Association Income Income

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

Legal market breakdown The Cream Of The Crop Top 200 Firms The top 200 firms have revenues from $940,000 to $1,610,000. The smallest firm in the top 200 by revenue law firms has 129 attorneys. There are approximately 69,000 attorneys in the top 100 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

The top 200 firms have revenues from $940,000 to $1,610,000.

The smallest firm in the top 200 by revenue law firms has 129 attorneys.

There are approximately 69,000 attorneys in the top 100 firms.

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

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. Librarian MIS Acquisition Directors Paralegal Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Paralegal Paralegal Paralegal

LawCrossing Vs. Other Job Boards Number of Jobs in each Job Board in US Approximate figures – subject to change

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