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What do you make as a BigLaw partner?
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Anonymous
Now that DH is a partner he actually spends more time at home since he can get things done on his computer after dinner & the kids are in bed, and he doesn't need to worry about staying late at the office or going in on weekends to impress people with how hard he is working. And our lifestyle hasn't changed much - we save most of the extra money. |
Anonymous
Does anyone know any single Big Law partners? If so, please email me! 
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Anonymous
You must be a delusional first year associate. Do you also believe that you just have to sit on your ass in your office for 8 years to make partner? Sorry, fairy tales really don't exist. |
Anonymous
| Income parter with no book of business? I would worry less about being underpaid and more about being unemployed. The business model has changed. Biglaw is no longer carrying dead weight. |
Anonymous
this. often when you make non-equity partner you take a pay cut because of how the benefits are paid. If you don't have your own book of business you are dead weight. |
Anonymous
| It's all in the financial model. A "minder/grinder" who hits 2000 hours at $600/hour and manages a half-dozen other billers may well be worth seven figures. A dabbler who squeezes out 1500 hours at $400/hour may be lucky to take home $200K. |
Anonymous
Seriously. I know several junior/mid-level partners without portable business who desperately want to move firms, but recruiters won't touch them because no firms are hiring partners without business. Most of those people are worried about their jobs. I do know some income partners who earn in the $750-1000k range, but they're usually 45-55 years old, and they're each positioned as the key consigliere to a very powerful billing partner, so they essentially are getting paid to run that billing partner's business. A great living, but they're totally dependent on the billing partner to supply them with work, and they all seem to work like dogs. |
Anonymous
Growing up in the ghetto we had a name for people like you "hater". For your information my mid-level equity big firm litigation partner husband gets to work at 8:30 am after dropping our DC off at school and is home between 6:30-7pm almost every night. As a practical matter we do eat together as a family but the reality is the kid, 4 & 2, don't want to sit at the table and have a long drawn out meal with either myself or their father, they want to run around and play, so most nights that's what we do. We go to the pool, the park,ball games, you nMe it he does it. Oh, and he's the one that puts the kids to bed. Yes, he works from home again some nights after everyone is asleep but stop lying to yourself and thinking that in order to be successful you've got to sacrifice your family. Yes, there are large scale litigations that consume a lot of his time but not daily and we still manage four major vacation, two with the kids two without, a year. Not to mention weekends away. And yes, we have A LOT of money. |
Anonymous
The two PPs who responded that their DHs were at home regularly before bedtime are unfortunately NOT the norm from what I've observed. As partner, work habits are ingrained and corporate firm partners still work notoriously late hours. They also have to travel at the drop of a hat if a major client needs to see them. Fortunately, most biglaw attys do not go to trial, but if they do, you almost never see them leave the office when a trial is coming up. My guess is that the PPs whose DHs make it home for dinner were in a way always like that and managed to buck the trend. The culture of biglaw in DC is such that late hours--even if it means, or especially if it means shooting the sh-- with the other guys--are rewarded. |
Anonymous
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Income partners with no book making $700k or more would be an exception rather than the rule. It would really have to be a niche area supported by another big rainmaker--still a shaky proposition in today's leaner business model. Lots of equity partners losing income and/or equity status in the last few years. You live or die by the book.
Biglaw partners regularly home in time for dinner--also the exception rather than the rule unless they are putting in major hours after kiddies are in bed. You don't bring home high 6 or 7 figures by working 8-9 hour days-----unless you make so much rain that the waters a rising. |
Anonymous
| on an hourly (real hour, not billable) basis, maybe 2-3 times what a GS-15/10 makes (with all the concomitant lifestyle compromises). ;-o |
Anonymous
| Jesus Christ! I wish they would start a "Big Law" forum, so you people would have somewhere else to post this daily crap. |
Anonymous
| non-equity partners at TTT firms make $150K-$225K |
Anonymous
| 11:21 Finally, someone who knows what they are talking about. |
Anonymous
No one forced you to read this forum under duress. Just skip the Big Law topics if you find them so objectionable. |