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Reply to "Partner @ Law Firms - Unanticipated Expenses/Income or Disappointed with Starting Compensation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This article is absurd. These big-time lawyers don't ask questions? They're all boo-hoo'ing about how they weren't told certain things, but - who accepts a job offer at any level without understanding how their compensation is offered/affected. Here's one of my favorite quotes: “I wish I’d have known that my income wouldn’t grow any more than it did, but nobody said anything,” says “Sue,” who became a nonequity partner at a midsize Boston firm in 2006. “I’d have had the same increase if I’d have remained an associate.” Why didn't you ask? Boo hoo, fat cats. This makes BigLaw partners look like even bigger jackasses than many already think they are.[/quote] You are not informed about the compensation package prior to accepting the offer so what are you talking about? At most firms you work your butt off for 7-10 years and then are up and out (eligible, but not offered) or you are eligible and invited to become a partner and THEN you learn how the partnership operates and how compensation works. [/quote] Sorry, don't buy it. There's no one in HR that can be asked? No one who's already a partner, assuming one would have built relationships over the 7-10 years you mention? This is all a load of crap and even more fuel for the 'BigLaw lawyers are overpaid paper pushers' argument.[/quote] HR doesn't know this stuff. They don't have any idea what their bosses are paid. A partner might lay it out for you and he/she might not. It depends on the partner. [/quote]
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