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[quote=Anonymous][quote=Anonymous]Depending on the equity buy-in amount and the partner draw schedules, the first couple years as an equity partner can present some short-term cash flow challenges. My firm allowed buy-ins over 2 years taken from your draw. Your draw is roughly half of your base compensation--the remainder of your base is at-risk pending on how the firm is doing against its budget. All the while, your living expenses and estimated tax bill don't stop.[/quote] So you take out a loan.[/quote]
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