Lorenz & Lorenz LLP Salary

As of September 2026, the average annual salary for employees at Lorenz & Lorenz LLP in the United States is $80,713. This translates to an approximate hourly wage of $39. Salaries at Lorenz & Lorenz LLP typically range from $70,935 to $91,308 annually, reflecting the diverse roles and experience levels within the company.
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Is Lorenz & Lorenz LLP’s Pay Competitive? Salary Benchmarking Analysis

How does Lorenz & Lorenz LLP's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Busby Companies $78,783
-2.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Step by Step PLLC $93,919
+16.4%
Adjusted for higher cost-of-living indices in Step by Step PLLC's primary metro hubs.
Massachusetts Continuing Legal Education Inc $100,586
+24.6%
Reflects a supply-demand imbalance for the specific talent Massachusetts Continuing Legal Education Inc targets.
Akiva Niamehr LLP $99,890
+23.8%
Influenced by prevailing union wage agreements specific to Akiva Niamehr LLP's sector.
Business Services Industry $120,931
+49.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Lorenz & Lorenz LLP

Considering a career at Lorenz & Lorenz LLP? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Having a leader who actively supports your career and well-being is a huge asset and contributes significantly to my job satisfaction. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Expanded training programs upskilled our team, not just delivered outputs. Encouraging leadership and inclusive space. Managers are profes...
While the company offers stability and job security, opportunities for upward movement are limited unless you're in specific departments. The team culture is collaborative and respectful, fostering open communication and shared success. The atmosphere is positive, and people enjoy working here. Fair pricing, average delivery. While we are all driven to succeed, there isn't a culture of working exc...
Working here provides a positive atmosphere and strong team spirit. Pricing is fair, but response times could be faster for urgent requests. Innovative projects keep work exciting. There's a healthy mix of routine and challenge. This transparency builds trust and helps everyone feel like they are on the same team, working towards the same goals with a shared understanding of our progress.

Lorenz & Lorenz LLP Overview

Website
www.lorenzandlorenz.com
Founded In
2001
Employees
<25 employees
Industry
Business Services
Headquarter Address
7215 Bosque Blvd Waco Texas TX 76710
Revenue
$5 Million - $10 Million
Phone Number
+1 2546624800
Social Media
About Lorenz & Lorenz LLP
Lorenz & Lorenz, LLP is a personal injury law firm serving all of Central Texas including Austin, Waco, Killeen, Temple, and the surrounding areas. We handle all personal injury matters including car accidents, motorcycle accidents, truck accidents, and more. If you've been injured in an accident, we're available 24/7 to assist you.

What Benefits Does Lorenz & Lorenz LLP Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lorenz & Lorenz LLP offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Waco?

Understanding the cost of living near Waco is key to truly evaluating a salary offer or your current compensation at Lorenz & Lorenz LLP.
Waco's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 9.0% less than TX average). Central TX city (Baylor Univ., Magnolia), affordable. WTS. When planning your budget based on a salary from Lorenz & Lorenz LLP, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Lorenz & Lorenz LLP salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,070 - $3,370+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lorenz & Lorenz LLP

1. What is the estimated average total compensation at Lorenz & Lorenz LLP?

Salary.com estimates that the average total compensation package at Lorenz & Lorenz LLP, which can include base salary, potential bonuses, and benefits, is around $80,713 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lorenz & Lorenz LLP pay compared to Busby Companies?

The average annual salary at Lorenz & Lorenz LLP is $80,713, or an hourly wage of $39, in comparison to Busby Companies which pays $78,783 per year or $38 per hour.

3. Do salaries differ significantly between departments at Lorenz & Lorenz LLP?

Yes, salaries often differ between departments at Lorenz & Lorenz LLP due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lorenz & Lorenz LLP?

Salary progression from an entry-level to a senior role at Lorenz & Lorenz LLP can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Lorenz & Lorenz LLP in Waco is fair given the local cost of living?

To determine if a salary offer from Lorenz & Lorenz LLP in Waco is fair, first compare the gross salary to our data for similar roles at Lorenz & Lorenz LLP and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Waco" to understand its purchasing power.

6. Are promotions at Lorenz & Lorenz LLP usually accompanied by a significant salary increase?

Yes, promotions at Lorenz & Lorenz LLP are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.