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Salaries
I am a solo (just me and secretary) in Houston with general business practice. I am in the Galleria area. I am about ready to make an offer to a 9 year associate who does primarily real estate and business law. She doesn't have much of a book of business (she's coming from an in-house real estate development firm), but great synergies and potential. I have a strong practice now that I can't keep up with and she is definitely needed.
I am searching the internet for some direction or clue on compensation package that I should offer, and I came across this site and this forum. Any suggestions, ideas or comments on what range I should be in. I know what I was making at a 10 lawyer firm in year 9 about 4 years ago, but imagine that the price has gone up.
I will be offering full insurance, CLE budget and reimbursement of marketing/entertainment expenses. I don't have 401(k) yet, but will have one soon and will match up to 3%.
Any thoughts would be appreciated.
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