Traverse Legal, PLC

23 Metro Rankings

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Salary Information from Survey of Current Attorneys by BCG Attorney Search

What is the name of your employer?	Traverse Legal
Where is your employer located?	Austin, TX
How many attorneys are working for your employer at your location?	6 to 10
How many attorneys work for your employer (all locations)?	11-25
How long have you worked for your current employer (number of years and months)?	0,4
What is your practice setting?	Law Firm
Law Firm	Law Firm Attorney
Law Firm Attorney	Clerk (law student)
What is your primary practice area?	Corporate
Are your clients primarily:	Medium to small size companies (more than 70%) and wealthy individuals
How are you paid?	Salary + Bonus
What is your base salary?	$100,001- $125,000
How much is your bonus?	$25,001- $35,000
What was your annual compensation for 2021 excluding bonuses?	$100,001 - $125,000
What is your estimated annual compensation for 2022 excluding bonuses?	$150,001 - $175,000
How is eligibility for your bonus determined?	Billable hours,Subjective,Business generation
What other types of cash compensation does your employer provide to its attorneys besides the base salary?	Bar Exam Stipends
How much do you expect to receive in bonuses this year?	$30,001-$40,000
How many hours did you bill in 2021?	0
How many hours do you think you will bill in 2022?	1300
What additional benefits does your employer offer to its attorneys?	Mentorship Program,Paid Time Off,Medical Insurance,Life Insurance,Flexible Scheduling,Paternity/Maternity Leave,Retirement Savings Plan with Employer Contribution,Retirement Savings Plan
Assuming you are employed with the same employer in 2023, do you expect to receive a raise at the beginning of the year? If so, how much (in dollars)?	Yes, $10K - $20K
When was the last time your salary increased?	2022
Which benefit/perk offered by a prospective employer would most motivate you to accept an offer?	Higher Compensation,Fully remote position,Location,Mentorship,More prestige,Hybrid Remote/In-office Work Arrangement,Better Benefits,Work/Life Balance (Fewer Billable Hours),Opportunities for Professional Advancement,Better culture,More important clients,More meaningful work,More responsibility,Ability to work part-time,More perks and benefits
Are you interested in changing jobs?	No
Does your employer plan to hire new attorneys in the next twelve (12) months?	Yes
If applicable, what types of attorneys and at what level do you believe your most recent employer likely to hire in the next 12 months?	Corporate, Real Estate, IP & Trademark, M&A, Capital Markets

Traverse Legal, PLC

Salary Information from Survey of Current Attorneys by BCG Attorney Search

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