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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]Honestly, it doesn't sound like a great gig to me. I make slightly over $300K in-house with none of the anxiety associated with being a law-firm partner of any stripe (equity/income, rainmaker/service, etc.). If your DH is getting paid $300K but only bringing in $330K in fees, and not getting other work, he's probably losing the firm money when you take operations into account. That makes him vulnerable to the whims of the firm's management committee, unless he starts getting more referred work or increases his billings substantially. And that would be the case whether the firm is a small firm or a top firm (which seems highly unlikely here). [/quote]
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