Banks Law Salary

Banks Law Salary

How much does the Banks Law Pay for employees?

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As of August 2026, the average annual salary for employees at Banks Law in the United States is $93,286. This translates to an approximate hourly wage of $45. Salaries at Banks Law typically range from $81,995 to $105,538 annually, reflecting the diverse roles and experience levels within the company. Banks Law’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Banks Law Pay for Different Roles?

Explore detailed salary information for specific jobs at Banks Law. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Banks Law

Ready for your next career move? Explore current job openings at Banks Law. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Banks Law’s Pay Competitive? Salary Benchmarking Analysis

How does Banks Law’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Banks Law
Business Services
Drake Hileman & Davis PC
Post CPAs LLC
Industry Comparison
Our data shows that, on average, compensation at Banks Law is below the average for the U.S. Business Services industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Banks Law average annual salary with several similar companies. Banks Law average salary of $93,286 is lower than Drake Hileman & Davis PC, which has an average salary of $96,039. It is higher than Post CPAs LLC, with their average salary at $86,219. This places Banks Law in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Banks Law's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Banks Law. Click a company name to learn more.

Employee Reviews: Working at Banks Law

Considering a career at Banks Law? 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.
The company offers strong team support. The leadership team is approachable and listens to employee feedback, often implementing suggested changes. Will continue partnering with them for future needs!. Mentorship programs, frequent check-ins, and clear career tracks make the company stand out. Managers are fair but largely hands-off.
Commented in March 02, 2025
24
0
Fast-paced but rewarding. The onboarding process was smooth and welcoming. Managers focus on results rather than micromanaging hours. The performance review process is fair, transparent, and constructive. The sense of community here is outstanding. If an idea doesn't pan out, we analyze what went wrong and apply those lessons to future projects.
Commented in September 29, 2024
29
3
It feels like we are building something special together. Benefits are average, and work-life balance is maintained. Leadership supports innovation and regularly communicates company updates. The compensation package is very competitive and is regularly reviewed to ensure it stays that way.
Commented in March 30, 2024
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Banks Law Overview

Website
www.bankslaw.com
Founded In
2013
Employees
<25 employees
Industry
Business Services
Headquarter Address
100 N 18th St Philadelphia Pennsylvania PA 19103
Revenue
<$5 Million
Phone Number
+1 2155611000
Social Media
About Banks Law
Banks Law was founded in 2013 by Halmon "Sonny" Banks and has developed a reputation as one of the most reliable firms in the Philadelphia area, due to its outstanding personal service and its aggressive litigation style.

What Benefits Does Banks Law Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banks Law 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Banks Law.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Banks Law, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Banks Law salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banks Law

1. What is the typical salary range (low to high) for most roles at Banks Law?

The typical annual salary range for most roles at Banks Law is approximately from $81,995 to $105,538. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Banks Law pay compared to Drake Hileman & Davis PC?

The average annual salary at Banks Law is $93,286, or an hourly wage of $45, in comparison to Drake Hileman & Davis PC which pays $96,039 per year or $46 per hour.

3. Do salaries differ significantly between departments at Banks Law?

Yes, salaries often differ between departments at Banks Law 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. How does experience level affect salary at Banks Law?

Experience level is a significant factor in determining salary at Banks Law, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Banks Law in Philadelphia is fair given the local cost of living?

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

6. Are the salaries listed for Banks Law on Salary.com pre-tax or after-tax?

All salary figures displayed for Banks Law, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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