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Firm Spy Remuneration Survey - Minter Ellison Lawyer Salaries
Posted by The Spy | Posted in 2009 Law Firm Profile, Firm Gossip, Minter Ellison | Posted on 10.00am
Err… it seems there is ALOT of interest in lawyer remuneration across the firms. The Firm Spy has experienced a major upswing in traffic this week, while our weekly newsletter subscribers have rocketed past a whopping 5000!
On that basis, we intend to re-post the Mallesons and Freehills remuneration survery posts in a more exacting fashion, giving you all the info in intricate detail. Some of you have remarked that a major discrepancy exists between our figures and those promulgated by Hays “in association with the law firms”. We intend to dissect that once all the figures are up and if we get a sniff that the partners have been underquoting, rest assured you will hear about it!
We will kick things off with a revised report into remuneration at equal second largest national firm in terms of revenue, Minter Ellison. Before we do, let us post the comments we received from an anonymous Minters spy earlier today:
FYI - The Minters (Sydney at least) intranet blocks access to your firm salary survey - “This Websense category is filtered: Personal Network Storage and Backup”. I dont think it likes Google spreadsheets. I am not implying it is deliberate, just pointing it out if responses from here are poor. $77,000 (excl. super) - a couple of months shy of 2 years post admission. Sydney. We get free gym membership. Bonus scheme. No fruit. No biscuits. Good dinners after 7:45pm (previously 7pm but delayed mid-GFC to discourage people hanging around to eat - must have been all the starving juniors due to the pay freeze). Great site.
Apparently the MInters spy forgot to include the fantastic, and very valuable, initiative recently implemented by the Sydney Minters partnership to GIVE ALL STAFF ACCESS TO UNLIMITED FREE MINTER ELLISON-BRANDED DISPOSABLE COFFEE CUPS! Alas, the spy was correct that responses from Minters have been low. Feel free to change that folks by logging it at home and plugging your details into the survey, available at this link.
And now for the statistics:
Firm Spy cannot guarantee the accuracy of these figures. They come from anonymous sources
Sydney 1-2 years PQE
Admitted between July 2007 and June 2008. Daily billable target - 6.5 hours. Gross package 2008/2009 - $79,000. Gross package 2009/2010 - $80,000. No bonus last year. Free gym. Subsidised further education.
Melboure 2-3 years PQE
Admitted between July 2006 and June 2007. Daily billable hours target - 6 hours. Gross package 2008/2009 - $70,000. Gross package 2009/2010 - $75,000. No bonus last year. Free gym. Comments:
The firm overall is great (plenty of decent people at the junior level) but I work in a division which is run by a couple of retard partners. It’s a completely decentralised system, not even a pyramid structure as you would understand it - everyone’s like a sole practitioner… they use “upwards management” as their buzzword, which IMO is just an excuse for not managing. No communication for six months, then of course at the review meeting blame everything on you…upwards management - hah, what a load of bullshit.
Melboure 5-6 years PQE
Admitted between July 2003 and June 2004. Daily billable hours target - 6 hours. Gross package 2008/2009 - $110,000. Gross package 2009/2010 - $110,000. No bonus last year. Free gym. Purchase additional leave available. Subsidised further education.
Adelaide 1-2 years PQE
Admitted between July 2007 and June 2008. Daily billable hours target - 6 hours. Gross package 2008/2009 - $61,000. Gross package 2009/2010 - $62,500. $2500 bonus received last year.
We know - there is not much to report here! So please help out Minters lawyers!
Send the Firm Spy your news and views!
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The discrepancy between the figures published by Hayes and the real live examples being mailed to Law Spy is very simply accounted for…….. Most recruitment firms salary “surveys” are marketing bullshit. It is a ‘warm, and feel-good, free service’ to ‘valued clients’ (ie the HR databse in it entirety), which is cobbled together in 15 mins by looking at last years survey and adding 15% if it has been a good year for firms, or 5% in a GFC.
The only reason HR take them remotely seriously is to see where candidates expectations have been set during pay review time!! The whole thing is a crock, for which I apologise on behalf of the small percentage of my industry that do not engage in such shameful practices.