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Relationship Discussion (non-explicit)
Reply to "Big Law spouses - give me your tips and tricks"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]You should because there is a huge difference in income. So it is insanely different. [b]Non-equity is just a nice word for "service" partner or employee.[/b] Maybe he develops enough business to be move up the ranks to equity partner but right now there isn't much difference between non-equity partner and senior associate except he gets invited to the partners retreat.[/quote] You are a real peach. What is the source of your obvious insecurity? At both my DH's big law firm and my own, there is a big difference between a non-equity partner and a senior associate. In fact, at my DH's firm you cannot move directly from associate to equity partner, and the salary, bonus structure and job security are all better for a non-equity partner. It's true that, like OP's DH, non-equity partners still have kill themselves to take the next step - but they are on right path, if that's what they even want. I have never wanted to be an equity partner, but my DH is one and I am lawyer so I do have familiarity with the ins and outs of private practice. OP, when we were in your shoes, my DH did what he could and we had help at home from 3-7 pm from Mon-Thurs, mostly to share driving for kids' activities as they became older.[/quote] Oh, I sorry reality isn't something you want to recognize. As a non-equity partner you are at the whims of the partnership and can be fired for any legitimate reason. Is it going in the right track? Sure. I didn't argue that but OP's husband is basically still being reviewed as to whether he wins the pie eating contest to win his prize of more pie. Until he moves over to the K1 side of the ledger he's no different than a senior associate beyond he's farther along the track. Only when he gets the offer to buys in (and depwnding on the firm that could be 7 figures) does getting that title of "partner" really matter.. Sorry to hurt your feelings.[/quote] pp who apologized here - ignore this OP. This is the kind of ridiculous upward striving you should not care about. And I say this as the spouse of an equity partner, since that apparently matters to some people. [/quote] OMG. Y'all need to stop. "As the spouse of an equity partner." Which means little more than ... you are not an equity partner. Or anything for that matter. [/quote]
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