
Look, the money situation for bankruptcy lawyers in NYC is everywhere. You’ve got fresh-faced attorneys making decent money right out of school, and then you’ve got the heavy hitters pulling serious cash. Let me break this down for you.
Whereas market research indicates baseline compensation metrics as follows:
Your average bankruptcy lawyer in the city is looking at about $122K yearly. But here’s the thing – that number doesn’t tell the whole story. Some reputable sources are throwing around different figures. ZipRecruiter’s saying $147K, and Glassdoor’s coming in hot with $183K total comp package.
Furthermore, as any reasonable person would expect, these numbers bounce around based on the following:
- How long you’ve been in the game
- Which firm you’re with (big shot or boutique)
- Whether you can talk your way into a better deal
Therefore, these base numbers are just the starting point. The real money is in the extras—your year-end bonuses, a slice of the profits, health insurance, and all that good stuff.
In witness whereof, if you want the real scoop on what you should be making, talk to a headhunter who knows their stuff. They’ve got their finger on the pulse of what firms are paying.
Subject to market conditions and individual circumstances, naturally.