Managing Partner Law Firm salary in Latvia

Average Yearly Salary of Managing Partner Law Firm in Latvia is approximately 87,023 EUR (86,829 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Managing Partner Law Firm do?

A managing partner in a law firm is responsible for overseeing the overall operations and strategic direction of the firm. They play a crucial role in managing the firm's finances, client relationships, and business development efforts. The managing partner collaborates with other partners to set goals, implement policies, and ensure the firm's profitability and growth. They also handle the recruitment and retention of talented attorneys and staff, as well as provide leadership and mentorship to junior lawyers.

Skills: Managing Partner, Law Firm, Leadership, Strategic Direction, Business Development, Financial Management
Job industry: Legal

How much does Managing Partner Law Firm make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Managing Partner Law Firm a well paid job?

Yes, our data show that Managing Partner Law Firm is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Managing Partner Law Firm?

High salary for Managing Partner Law Firm would be somewhere between 95,725 EUR and 126,183 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Managing Partner Law Firm in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 87,023 EUR
Estimated Monthly Salary: 7,252 EUR
Estimated Weekly Salary: 1,674 EUR per week
Estimated Hourly Salary: 42 EUR per hour
By working as Managing Partner Law Firm a person can save up to 6,376 USD per month or 76,509 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Managing Partner Law Firm

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

Data as of 2025

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