Reply to Q about Big Law - when you're an income partner, does the firm provide some billable work?

Forum Index » Jobs and Careers

Reply to "Q about Big Law - when you're an income partner, does the firm provide some billable work?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]My DH moved from the federal government to an income partner position at a law firm in 2020.  He has an expertise that the firm thought would be valuable.

The firm was great to give my DH a 2-year runway paying $300K, a fancy office, secretarial support, tech support, billing support, etc.

My DH had somewhat thought that the firm would give him some of their billable work, but they have not.  So DH has built up his own book of business, but it basically just covers about 10 percent more than what the firm is paying him.  He's still growing his practice, and I was kind of impressed that he built this on his own in less than 2 years.  He thinks it has potential to grow.

Since DH came from the federal government, it's not like he was a senior associate who had years of experience working with the clients.  So it's just taking him some time to build up business.

DH has recently had to turn away 3 substantial projects due to conflicts.  This was hugely disappointing, but DH understands that this is part of how law firms work.

But now he's kind of wondering what the advantage is of being at a firm, or at least at this firm.  The firm says that they love having him there because of his unique background, and they ask him to give CLE presentations to their clients.  But they do not give him any billable work.  (Maybe that's customary?)  I don't think they're trying to push him out.  But at the same time, after turning down those projects due to conflicts, he's kind of evaluating his current situation.

Any advice?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics