Reply to Spin-off post - Big law Partners and how much $$ it would take for you to move in house

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[quote=Anonymous][quote=Anonymous]So if I am leaving govt and my options are in-house at about 350k (including bonus/equity) vs 5-600k at a firm, what would should I choose?  I assume the in-house would get to at least 400 in 2-3 years, but not sure about 450....[/quote]

I don’t know if you are OP but if you are not, your question is not the same as the OP’s. Obviously you will have more money as a partner but a large number of lateral partner moves are unsuccessful. Building a book is hard and starting from scratch as you would be coming from government will make it difficult too. I have seen it done successfully at my firm with former government lawyers where the firm genuinely has a name for the area of practice that the government lawyer is in, and usually the lawyer is well known in the area too. This sounds obvious but the firm needs to already have clients interested in your expertise in order for you to succeed. I have seen it not succeed when the firm takes more of a “if we build it they will come” approach to hiring new partners. 
All of which is to say, if you take the law firm job, as well as being aware of the huge demands on your time and the new skill set of hustling for work that you’ll need, you should also think of it as something that might only work for a couple of years (I assume you are being offered guaranteed salary for a specific period only) and then you may need to find something else, or try to move to another firm. [/quote]

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