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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Did you make equity partner or are you an income partner?

What do you think set you apart?

If you had done everything the same, but had not gotten in good with a rainmaker, do you think you would have still made partner?[/quote]

OP here.  Equity, but a very small (10%) equity component.  I think the two reasons I made partner are (1) unique skillset and (2) the rainmaker - so I don't think I would have made it had I not gotten in with him.

To answer some of the other questions, I expect my comp will be low 300s next year - I am at a firm ranked in the 50s-60s by Vault, and we do not pay associates lockstep (but do pay "market" to first year associates).  There are fairly senior partners in my group with little or no business, and they will never make $1 million, and are likely topped out either in the high 300s or 400s.  Not a bad outcome by any means, but in order to make serious money you have to bring in business. [/quote]

So are you allowed to see the books and have them looked over by a financial expert before you accept? How much do you have to “put” into the firm and what is your rate of return? [/quote]

Not sure, but I have to imagine I'd be able to look at the finances before entering into the partnership agreement.  Not sure yet what my buy-in will be.  I will find that out, I believe, at the end of the year.  [/quote]

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