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Reply to "Big law: anyone else in my boat?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I held on through year 9 at my current firm, but I'm also leaving. I don't generate enough business to be a partner and I'm too expensive to keep as an associate. [/quote] This business model never made sense to me. Why don't they keep you and pay you 135k and charge you at a rate lower than your current rate. How is that not win win? But firms don't seem to like that model. [/quote] Because they need to spend hat money on junior associates who will grow to become partners who bring in business. Doing the legal work is he easy part of the law firm business . Gettmg Clint's who pay top dollar is the had part. My firm does keep some people who will never make partner on as of counsel and they don't make much more than a senior associate..[/quote]
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