(312) 781-9000
06 Jan

Navigating the Details of a Law Firm Offer

by: Astor Professional Search

Reviewing a job offer is a demanding and most overwhelming experience when an attorney is transitioning from one law firm position to another. Compensation in most law firms consists of a basic salary, end-of-year bonus, and perhaps a 401k match. Cash is a precious asset for most law firm attorneys and it can be hard to adjust that mindset. Therefore, it’s imperative to review the whole offer before making a decision. There are several important factors for attorneys to consider when reviewing an offer.


In-house bonuses are usually determined by the company and the employee’s performance. Researching how the company has been paying bonuses over the years will give an attorney a clear picture of what to expect. An attorney recruiter can guide an attorney throughout the process of searching for an in-house position, from exploring his or her options in light of the legal job sector to preparing for an interview and assessing the job offer. 


Law firms often offer health insurance to full-time workers, but the cost to the worker varies significantly. Companies, on the other hand, will generally pay premiums for their workers and occasionally for dependants.

Car Allowance

An attorney going in-house may be eligible for a car allowance. He or she should look at the fine print to understand what the allowance entails.

Long-Term Incentives

An in-house position may come with some form of long-term incentive, which can be either additional cash or stock options. However, these usually have a strict vesting period, ranging from 2 to 5 years.


Some companies also provide employees with funded pensions. These pensions have a specific vesting period just like long-term incentives.

401k Match

Most companies offer a 401k matching contribution. This can turn out to be another source of income that a new employee doesn’t notice right away.

Paid Time Off (PTO)

For a law firm attorney, PTO is perhaps a new idea. PTO refers to days an employee isn’t working and still gets compensated.

Billable Hours

Some companies today are demanding all departments to track and report the billable hours of all their employees. The timesheet is a great tool for an in-house attorney to prove his or her value to the employer.

Working through the details of an in-house offer can be challenging. However, thoroughly reviewing the entire offer may help an attorney determine whether or not the package suits his or her needs.

Share it here
Related Posts
24 May Why It’s Important for Lawyers to Create a Career Plan
Why It’s Important for Lawyers to Create ...

A lawyer’s career path can take many twists and turns, and having clearly defined career goals helps lawyers stay on track to achiev...

06 Jun How Legal Recruiters Can Help With Career Transitions
How Legal Recruiters Can Help With Career Trans...

Career transitions can help you gain new skills and prepare for job opportunities in other areas within and outside your industry. W...

08 Nov The Importance of Law Firm Alignment in Today’s Legal Industry
The Importance of Law Firm Alignment in Today’s...

When it comes to law firm performance, does alignment matter? A recent article by The American Lawyer investigates, positi...