Reply to BigLaw equity partner - generation vs. compensation

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Nope, I haven't posted previously. I'm an associate trying to figure out my goals. I feel like $2 million would be a very nice life, but I need to figure out if it's something I could even achieve and, if so, whether I'd want to do that. But thanks for crapping on my thread.[/quote]

BS. No associate who has any chance of partnership is this clueless. [/quote]

Huh? I'm a partner.  These are valid questions for associates. Most law firms are extremely opaque regarding compensation structures. [/quote]

+1 
My husband is a partner, and he was surprised to find out the formula was less in his favor than expected. There is a subjective component. Also, not only do you have to think of origination, but also personal billed dollars. My husband has done well, but he works all the time. I think my siblings and their spouses have a better quality of life. They live in lower cost areas and have regular jobs making less money, but they work regular hours and have personal time. My husband didn't take a day off even when our children were born. Also be prepared for really unfair things to happen compensation wise because other partners will definitely try to screw you and probably succeed. [/quote]

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