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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]But once you are partner its almost impossible to be fired right? That has a lot of value too.[/quote] Hahahahaha! Sigh. [/quote] Please explain. That is also what I heard. ALMOST impossible be fired once you are a big law partner, right? Not saying impossible, but ALMOST impossible.[/quote] Technically equity partners can only be “expelled” by a vote of the partners in most firms. Usually a supermajority vote. But equity partners can certainly be counseled out or have their pay cut or be deequitized. Non equity/income partners can be fired. Comp varies widely. Income partners in a real top firm are probably at $450-500k. Of course the top NY firms don’t have income partners and partners start in the $800k+ range. At a more standard big law firm it could be $350-400k. [/quote] +1[/quote]
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