Latin Lawyer's Associate Salary Survey

Managing partners across Latin America are fond of describing legal talent as their most valuable asset, but determining what this talent is worth is far trickier. Latin Lawyer's second Associate Salary Survey reveals that despite firms paying their associates many multiples of their country's average monthly salary, there is striking variation in the structure and generosity of these pay packets.

Latin Lawyer's Associate Salary Survey

Whether it's the partner-level annual salaries and 100% performance-related bonuses pocketed by associates at one local Mexican firm, or the personal snack budget, health insurance, generous time off and flexitime received by associates at one Colombia outfit, it is clear law firms across Latin America will go to great lengths to attract and retain the best talent. However, while the business rationale of offering associates a competitive remuneration package may be shared by firms across the region, striking variation exists in the structure and generosity of associate pay, not only between firms in different jurisdictions, but also between outfits in the same legal market.

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