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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is DC partner pay substantially higher than in other major (not LA/NYC/SF) cities?

The company I work for have a large team of very talented lawyers.  Many of them were in big law previously, but there’s no way we pay most of them more than 250-300, and even our GC is unlikely to break 1M cash comp.

Is it the work/life balance that makes them switch?  The fact that even talented lawyers don’t get to equity partner predictably?  What’s the dynamic?[/quote]

Actually it’s the opposite. DC biglaw pays less because the work DC tends to generate generally is less prone to “leverage” (a few partners managing massive teams of associates).

People leave for both reasons: not being able to bear the grind, and realizing they won’t make partner. Talent is only a tiny bit of the equation for making partner. I worked at a firm that attracted top talent, in the group that top talent favored the most because it was regarded by many as among the most prestigious. That group made a partner every 3 years or so. That means we had many Harvard and Yale grads ending up washed up every single year. [/quote]

Makes sense.  I guess my perspective on partner track is completely skewed knowing so many but not really being a party to the inner workings.

So where does in-house corporate counsel rank in the lawyer pecking order?  Is biglaw equity partner undisputed top of the food chain?[/quote]

In-house is basically like a mommy (or daddy) track thing. Slightly harder/better paid than fed gov. People who seek it out do so for the easier schedule.

Top of food chain is probably people who straddle business side and law (C Suite positions including but not limited to Chief Legal Officer) or are just pure b side. I’ve known people to leave equity partner for roles like that. [/quote]

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