As of March 01, 2025, the average annual salary for a Managing Partner in Chicago, IL is $205,770. According to Salary.com, salaries can range from a low of $155,200 to a high of $262,090, with most professionals earning between $179,300 and $235,250.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $235,250 | $19,604 | $4,524 | $113 |
| Average | $205,770 | $17,148 | $3,957 | $99 |
| 25th Percentile | $179,300 | $14,942 | $3,448 | $86 |
An entry-level Managing Partner with under 1 year experience makes about $193,368. With less than 2 years of experience, a mid-level Managing Partner makes around $194,538. After 2-4 years, the Managing Partner pay rises to about $197,268. Those senior Managing Partner with 5-8 years of experience earn roughly $200,388, and those Managing Partner having 8 years or more experience are expected to earn about $203,987 on average.
| Levels | Salary |
|---|---|
| Entry Level Managing Partner | $193,368 |
| Intermediate Level Managing Partner | $194,538 |
| Senior Level Managing Partner | $197,268 |
| Specialist Level Managing Partner | $200,388 |
| Expert Level Managing Partner | $203,987 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Managing Partner information for you to search for. Click on search button below to see Managing Partner job openings or enter a new job title here.
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
| Skill | Salary | Demand |
|---|---|---|
|
Product Development
|
$230,462 |
12%
|
|
Investment Banking
|
$228,405 |
11%
|
|
Intellectual Property
|
$226,347 |
10%
|
|
Products and Services
|
$226,347 |
10%
|
|
Negotiating
|
$224,289 |
9%
|
|
Legal Advice
|
$222,232 |
8%
|
