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Associate partner hiring summary. Here are some key points about hiring associate partners in the United States:
Here's a step-by-step associate partner hiring guide:
The job of an associate partner is similar to that of a partner. An associate partner will report to the partner and work to build strong client relationships and understand their concerns. You will typically perform various duties that include handling the partner's daily activities, monitoring the accounting procedures, and maintaining the confidentiality of the client's information. As an associate partner, you also have to advise on corporate governance and business reorganization and conducting assessments of in-house platforms that include evaluating portfolio accounting systems and client delivery.
Before you post your associate partner job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an associate partner for hire on a part-time basis or as a contractor.
An associate partner's background is also an important factor in determining whether they'll be a good fit for the position. For example, associate partners from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents associate partner salaries for various positions.
| Type of Associate Partner | Description | Hourly rate |
|---|---|---|
| Associate Partner | Lawyers advise and represent individuals, businesses, and government agencies on legal issues and disputes. | $40-120 |
| Legal Counsel | A Legal Counsel supervises the legal aspects of a business. They give accurate and timely counsel to executives on a variety of legal topics, such as labor law, partnerships, or international ventures. | $38-103 |
| Legal Consultant | A legal consultant uses legal practice knowledge to enhance a law company's efficiency and profitability. Besides advising on the right solutions for customer productivity, marketing and development strategies, legal consultants also actively manage risks by consulting on program and legal-related issues... Show more | $19-66 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Massachusetts | $177,578 | $85 |
| 2 | District of Columbia | $171,400 | $82 |
| 3 | New Jersey | $170,731 | $82 |
| 4 | New York | $170,689 | $82 |
| 5 | California | $161,217 | $78 |
| 6 | Connecticut | $157,026 | $75 |
| 7 | Illinois | $149,937 | $72 |
| 8 | Michigan | $143,996 | $69 |
| 9 | Washington | $143,749 | $69 |
| 10 | Florida | $140,096 | $67 |
| 11 | Pennsylvania | $139,524 | $67 |
| 12 | Ohio | $139,201 | $67 |
| 13 | Minnesota | $133,219 | $64 |
| 14 | Texas | $130,890 | $63 |
| 15 | North Carolina | $129,345 | $62 |
| 16 | Arizona | $128,111 | $62 |
| 17 | Georgia | $126,337 | $61 |
| 18 | Colorado | $121,347 | $58 |
| 19 | Indiana | $120,850 | $58 |
| 20 | Missouri | $117,707 | $57 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $237,590 | $114.23 | 2 |
| 2 | A.T. Kearney | $224,020 | $107.70 | |
| 3 | Oliver Wyman | $220,567 | $106.04 | |
| 4 | Bain & Company | $215,070 | $103.40 | |
| 5 | King & Spalding | $199,818 | $96.07 | |
| 6 | Merck | $174,307 | $83.80 | |
| 7 | PayPal | $171,285 | $82.35 | 2 |
| 8 | Uber Technologies | $170,871 | $82.15 | |
| 9 | Deutsche Bank | $170,057 | $81.76 | 2 |
| 10 | IBM | $169,561 | $81.52 | 349 |
| 11 | Hitachi Vantara | $163,849 | $78.77 | |
| 12 | $163,258 | $78.49 | 62 | |
| 13 | Vista Equity Partners | $159,215 | $76.55 | 2 |
| 14 | United Natural Foods | $158,943 | $76.41 | 6 |
| 15 | CGN Global | $157,359 | $75.65 | |
| 16 | Applied Value Group | $156,773 | $75.37 | |
| 17 | Handy | $154,611 | $74.33 | |
| 18 | ORIX USA | $153,436 | $73.77 | 1 |
| 19 | Goldman Sachs | $153,423 | $73.76 | 4 |
| 20 | Tesla | $151,633 | $72.90 | 10 |
A good associate partner job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an associate partner job description:
To find the right associate partner for your business, consider trying out a few different recruiting strategies:
Recruiting associate partners requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect associate partner candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting associate partners involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $145,385 per year for an associate partner, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for associate partners in the US typically range between $40 and $120 an hour.