- Top Tier primary includes large regional and national firms in Vancouver, but also may include leading specialist boutiques where compensation will commonly match their large firm counterparts. Top Tier does not include certain Vancouver offices where certain associates may be compensated on a matching basis with their Calgary, Toronto, or other international market pay scale.
- Mid-Market can include regional firms in both Vancouver and Surrey, though may also include top firms in larger, secondary markets (Kelowna, Victoria) as well.
- Small Firms can include smaller firms in all parts of British Columbia, particularly where there may not be more than one associate per year of call within the firm. Compensation structures in smaller firms are often tailored to the individual, and base salary may form a smaller component of total compensation, where there may be bonuses for performance above thresholds (billable hours and/or revenue targets).
For confidential, custom assessment of your compensation and market options, you can speak to one of our recruiters in confidence here.
If you’re a law firm looking for advice on how to properly structure your firm’s associate compensation model, our Managing Partner, Warren Smith has been retained by numerous firms to undertake a review and make recommendations on how to properly structure compensation to best meet the needs of your firm. Click here to find out more.