Anonymous wrote:I am ex-Harvard, ex-big-law. I think this is a troll. A senior partner might think this but
they would never say it.
Anonymous wrote:I am ex-Harvard, ex-big-law. I think this is a troll. A senior partner might think this but they would never say it.
Anonymous wrote:Anonymous wrote:I am ex-Harvard, ex-big-law. I think this is a troll. A senior partner might think this but they would never say it.
What? This is a mild thing for a partner to say.
Anonymous wrote:Anonymous wrote:He's a jerk, but also if he had a lot of business the firm would get pressuring him to train somebody. So it may be that he doesn't have a great practice and can't keep associates for that reason.
The culture at most firms is that partners train multiple people and grow them into senior associates who can eventually take over their book or find their own business for the firm. And though people may leave, they may be back or may reach out to you when they need co-counsel. It's a small world.
Where it really fell down, IMO, was partners who trained senior associates and promised they'd inherit the book but then never retired. A whole generation of senior associates / junior partners had to move firms about 15 years ago, in a way lawyers didn't used to, because of stagnation and lack of space at the top.
I wonder how many of those guys who didn’t move on was because of second wives and families. I saw this a lot with guys on their 70s putting kids from a second marriage through college and unwilling to let go of the income stream.
Anonymous wrote:I am ex-Harvard, ex-big-law. I think this is a troll. A senior partner might think this but they would never say it.
Anonymous wrote:I am ex-Harvard, ex-big-law. I think this is a troll. A senior partner might think this but they would never say it.
Anonymous wrote:Anonymous wrote:This is very true - the boomers took a huge step back from work but wouldn't share credits, stayed till mid-70s and also wouldn't train and often didn't want juniors staffed on their matters due to write offs, this is just starting to change in the last year
This happened in corporate America too.
Too late for Gen-Xers to rise in quantity where I am.
Anonymous wrote:Anonymous wrote:He's a jerk, but also if he had a lot of business the firm would get pressuring him to train somebody. So it may be that he doesn't have a great practice and can't keep associates for that reason.
The culture at most firms is that partners train multiple people and grow them into senior associates who can eventually take over their book or find their own business for the firm. And though people may leave, they may be back or may reach out to you when they need co-counsel. It's a small world.
Where it really fell down, IMO, was partners who trained senior associates and promised they'd inherit the book but then never retired. A whole generation of senior associates / junior partners had to move firms about 15 years ago, in a way lawyers didn't used to, because of stagnation and lack of space at the top.
I wonder how many of those guys who didn’t move on was because of second wives and families. I saw this a lot with guys on their 70s putting kids from a second marriage through college and unwilling to let go of the income stream.
Anonymous wrote:This is very true - the boomers took a huge step back from work but wouldn't share credits, stayed till mid-70s and also wouldn't train and often didn't want juniors staffed on their matters due to write offs, this is just starting to change in the last year
Anonymous wrote:He's a jerk, but also if he had a lot of business the firm would get pressuring him to train somebody. So it may be that he doesn't have a great practice and can't keep associates for that reason.
The culture at most firms is that partners train multiple people and grow them into senior associates who can eventually take over their book or find their own business for the firm. And though people may leave, they may be back or may reach out to you when they need co-counsel. It's a small world.
Where it really fell down, IMO, was partners who trained senior associates and promised they'd inherit the book but then never retired. A whole generation of senior associates / junior partners had to move firms about 15 years ago, in a way lawyers didn't used to, because of stagnation and lack of space at the top.