Dedicated to Being the Best Firm in New York
Adam Leitman Bailey, P.C. is dedicated to being the best real estate law firm in New York, but the only way to achieve such a goal is to staff our team with the most audacious and motivated employees. In fact, much of our visible success is owed to the recruitment of some of the finest professionals and paraprofessionals in the real estate and legal industries. Our staff works as a sole unit to provide the highest quality legal analysis, drafting, and advocacy while providing absolutely unrivaled client care. As aggressive as Adam Leitman Bailey, P.C. is in the courtroom and the negotiating table, we are equally as aggressive in staffing for our clients’ long term needs and goals to make sure we have the sharpest and most seasoned minds ready to handle any and every matter that is brought to us. We maintain training programs that keep our employees well versed in their area of expertise and whether it be training high school interns or creating partnerships with competing firms we work tirelessly to build the strongest and most competent employees in New York. As a result, interns and externs at Adam Leitman Bailey, P.C. have gone on to become highly respected members of the real estate legal community.
Greatness Equals Equality
Adam Leitman Bailey, P.C. is founded on the fundamental principle of universal equality enshrined in the Declaration of Independence, the principle that greatness is blind to race, color, creed, ethnicity, marital status, sexual orientation, national origin, and all other forms of differentiation.
As we continue our quest to build the best real estate law firm in New York’s history, we embrace and celebrate the diversity of both the staff and the pool of talent available to us.
Adam Leitman Bailey, P.C. believes that greatness includes passion, love for the law, devotion to our clients’ mission and the inner compulsion to let no matter rest until our clients’ goals have been achieved.
Adam Leitman Bailey, P.C.’s expansive benefits package includes a premier health insurance plan, self-insured eye and dental coverage, a 401k, three months’ paid maternity leave, 80 percent discount on Equinox gym memberships, and a first-class working environment with built-in flexibility to accommodate the needs of our staff and their families. In addition to the benefits listed above, the firm luxuriates in bi-weekly “Spa Fridays” where employees receive a complementary massage and/or manicure in the office. Four day weekends are also made available whenever possible providing employees with an opportunity to maximize their time off in order to rest, relax, and regenerate. Adam Leitman Bailey, P.C. also celebrates all significant events such as birthdays, engagements, important victories, and when a new attorney passes the bar exam.
How Adam Leitman Bailey, P.C. Pays More
Although everyone receives a paycheck each pay period, Adam Leitman Bailey, P.C. is the only law firm in New York City that provides an individualized revenue sharing program. Our program allows every attorney at our firm – partners and associates alike – to have the opportunity to be placed among the highest earning attorneys in New York. Rather than by seniority our attorneys pay is determined by their diligence and work ethic.
In addition to the revenue sharing program our attorneys are able to make supplementary revenue based on the amount of business they bring in. When an attorney at any level brings in new business they will receive a percentage of that new business, up to twenty percent for top performers, on top of the compensation revenue program described below.
Here’s how it works: Every attorney at the firm receives one third of their collected billable time and any attorney who brings in business will receive up to fifty-three percent of their billable time.
Scenario 1: A $625 billing rate for senior attorneys multiplied by 2,500 billed hours per year equals $1,562,500. With a collection rate of 92% (the rate for 2015), the firm would collect $1,437,500 ($1,562,500 x .92) for the year. The attorney would earn one third of this amount, total compensation of $479,166.
Scenario 2: Assuming the same $625 billing rate x 2,000 billed hours per year equals total gross compensation of $1,250,000. With a collection rate of 92% (the rate for 2015), the firm would collect $1,150,000 ($1,250,000 x .92) for the year. The attorney would earn one third of this amount, total compensation of $383,333.
Scenario 3: At a $450 billing rate for junior attorneys x 2,000 billed hours per year equals $900,000. With a collection rate of 92% (the rate for 2015), the firm would collect $828,000 (900,000 x .92) for the year. The attorney would earn one third of this amount, total compensation of $276,000.
These examples demonstrate how our revenue sharing program results in our attorneys receiving higher compensation than most attorneys at other New York law firms.
When choosing from our pool of applicants we first look to see if each candidate has the potential to succeed and become great at our firm. Once hired, the training, mentoring, and educating never stops. Adam Leitman Bailey, P.C. strives for greatness in everything we do and we expect that all of our staff – from our senior attorneys to our interns – aspires to do the same.
Adam Leitman Bailey, P.C. is looking for attorneys in the following areas:
• Litigators with trial experience – 5 or more years experience
• Tax Certiorari – 10 years experience
• Zoning and Land Use – 5 years experience
We accept applications for all attorney positions and externships on an ongoing basis. Please submit your cover letter, resume, and any additional materials to Carly Clinton at CClinton@alblawfirm.com.
• For litigators, please include anything else that may demonstrate your talents and qualifications including, but not limited to, writing samples, depositions, and trial transcripts.
• For transactional attorneys, please provide any other information relevant to your experience.
• If you are applying for a legal externship or are a recent graduate, also include your school transcripts. Read More about the program.
The Best Externship Program in the Country
Proven by the number of attorneys who started out as interns and summer associates at our firm and later became leading attorneys in their profession, Adam Leitman Bailey, P.C.’s internship and externship program is unrivaled. Many of our former interns, summer associates, and externs have also moved on to receive some of the most prestigious law awards in the nation including Best Law Firm by Best Lawyers, Leading Real Estate Lawyer by Chambers USA, SuperLawyer and RisingStar by Thomson Reuter’s SuperLawyers, and the Bar Register of Preeminent Lawyers by Martindale-Hubbell. For our size, we’ve trained more externs who have moved on to become full time attorneys and SuperLawyers than any other real estate law firm in New York.
Being considered among the best real estate law firms in New York City, Adam Leitman Bailey, P.C. only chooses the best law students for its internship and externship program. Our interns and externs never make coffee or copies; from day one they become lawyers in training. Joining the legal team and working on active cases, we give each student real world experience that propels them to produce amazing results. Since we solely practice real estate law and work on some of the most high profile cases in the nation, our interns and externs rapidly become real estate experts. These cases require hard work, sweat, aggression, intelligence, and a dedication to making a difference for our clients, their communities, and sometimes the entire nation. Our interns will be responsible for a variety of tasks that may include conducting case investigations, coordinating legal research and discovery, meeting with clients and experts, or preparing memoranda, briefs and other legal documents for administrative, judicial, and transactional proceedings.
Adam Leitman Bailey, P.C. offers professional development and networking opportunities within our firm to help all of our interns, externs, and summer associates advance in their careers. Our program allows law students to work directly with experts in order to gain real world experience and expand their understanding of what a career in real estate law will entail after law-school. We choose the most talented applicants. Once we hire someone the training mentoring and teaching never stops. Our attorneys have an open door policy and encourage you to express your opinions and ideas in order to improve our work and our firm altogether.
Adam Leitman Bailey, P.C. Has Received a Number of Press and Media Mentions for Our Workplace Culture and Expertise
• Adam Leitman Bailey, P.C. Wins Crain’s Best Places to Work Award Five Times This Decade (Click Here)
• Chambers Associate Features Adam Leitman Bailey, P.C. in 2018-19 Guide (Click Here)
• Adam Leitman Bailey, P.C. Provides Free Closings for all Employees (Click Here)
• The Wall Street Journal Article Associate Perk of the Week: “Persuasive” Ties and Brooks Brothers Suits (Click Here)
• The Huffington Post Why We Do Not Hire Law School Graduates from the Ivy League Schools (Click Here)
• Chambers Associate Features Adam Leitman Bailey, P.C. in 2019 Student Guide (Click Here)
• Adam Leitman Bailey Discusses His Merit Based Compensation Program with Score New York (Click Here)
• Will Sports Help Women Win the Business World? (Click Here)