Probate practitioners: Take a final survey on flat fees, see previous responses to money questions

Thursday, May 9, 2019

_108476822The Massachusetts Bar Association’s Probate Law Section Council is compiling a list of helpful practice approaches for lawyers who specialize in this unique area of law.
 
Please click here to take the final survey, which focuses on flat fees in your practice: how much you charge for an estate plan with no trust, revocable trust or irrevocable trust, and how you bill your non-estate planning clients. This survey is anonymous, and we welcome your continued participation. We believe your responses will provide valuable professional insights to fellow section members.

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2019 MBA Probate Law Section Survey:
Your Money, My Money, Their Money

The third MBA Probate Law Survey focused on how you handle money in your practice: your hourly rate, how much you pay associates and employees, and how you bill your estate planning clients.

We are pleased to report that 46 people have responded to the survey so far. Here are the top results:

  • The top reported hourly rate: $251 - $300
  • The top reported first year associate salary: $50,000 - $75,000
  • The top reported salary for the lowest paid employee (including non-lawyers): $25,000 - $50,000
  • The top reported salary of your highest paid employee (not you): $50,000 - $75,000
  • The top reported salary of the primary attorney each year (you): $75,000 - $100,000
  • The top reported method of billing estate planning clients: HOURLY
  • The top reported county you primarily practice in: MIDDLESEX

More detailed results are available here