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Reply to "Q about Big Law - when you're an income partner, does the firm provide some billable work?"
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[quote=Anonymous]300 is insanely low for a V100 firm. Senior associates make 415 plus a bonus of around 100. An income partner should be making 500 minimum (including bonus). I assume DH is at a smaller firm. Anyway, firms intend for income partners to serve clients brought in by the rainmakers, but it doesn’t always work out this way in practice. A lot of firms are terrible at evaluating their actual needs. I’ve seen plenty of partners lateral from the government and bill very little for 2-3 years before being pushed out. I would never go back to a firm unless I thought I could generate business myself (and it sounds like DH is having some success, which is good). [/quote]
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