Anonymous
Post 01/19/2019 19:46     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:How long does it take to make jr partner? I’m surprised by how low the number is. It doesn’t compare to starting salaries at the accounting firms for partners, but it take you 10 years min to make Partner there.


Longer than 10. More like 12-15, at least at big 4. I used to work at a big 4 and when a former colleague became a partner at 34, he was one of the youngest people to make partner *ever* at that firm. He started there straight out of undergrad so worked there for 12-13 years or so.


Well, I’ve been at my big 4 four 17 years and have to disagree. If you come in with an advanced degree, which almost all do on the tax side, you do 2 years at associate, senior, and manager. Then 3-4 years at director. Then partner.
Anonymous
Post 01/19/2019 19:41     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.


You are thinking about the federal government attorneys. Oh, wait.....


Worked in a big law firm for over 10 years. Never remember a partner being fired. Give an example a big law parter being fired?


There are many ways to push a partner out without technically firing him/her. And it isn’t rare.


Partners get pushed out of top firms on a regular basis, all the time. It's extremely common.
Anonymous
Post 01/19/2019 19:34     Subject: Re:How much does junior partner at top DC law firm make?
Yes, even at top firms. At least the ones that prioritize culture over eat what you kill. And in those firms, only some are making the high 6 low 7 figures as young partners.
Anonymous
Post 01/19/2019 19:31     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:About $350k depending on the firm. Keep in mind you then have to buy in to partnership, pay for your own healthcare and all sorts of other expenses. DH made more as senior associate than as first year partner with all the extras we had to pay for.


This is actually a bit on the low end. I would say closer to $400k-425k.


No way, much higher. High six figures crossing to low seven.


It takes years for partners to start earning that much money. Brand new partners seem to be around the 400k range but as PP’s have mentioned, there are definitely issues the first few years when you have to pay partnership costs and taxes.


400K range? Maybe at mid-level law firms. NOT at top firms. No way.

At least, thankfully, not in my experience!
Anonymous
Post 01/19/2019 19:22     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:About $350k depending on the firm. Keep in mind you then have to buy in to partnership, pay for your own healthcare and all sorts of other expenses. DH made more as senior associate than as first year partner with all the extras we had to pay for.


This is actually a bit on the low end. I would say closer to $400k-425k.


No way, much higher. High six figures crossing to low seven.


It takes years for partners to start earning that much money. Brand new partners seem to be around the 400k range but as PP’s have mentioned, there are definitely issues the first few years when you have to pay partnership costs and taxes.
Anonymous
Post 01/19/2019 19:16     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:About $350k depending on the firm. Keep in mind you then have to buy in to partnership, pay for your own healthcare and all sorts of other expenses. DH made more as senior associate than as first year partner with all the extras we had to pay for.


This is actually a bit on the low end. I would say closer to $400k-425k.


No way, much higher. High six figures crossing to low seven.


For a junior partner? No.
Anonymous
Post 01/19/2019 19:07     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.


You are thinking about the federal government attorneys. Oh, wait.....


Worked in a big law firm for over 10 years. Never remember a partner being fired. Give an example a big law parter being fired?


There are many ways to push a partner out without technically firing him/her. And it isn’t rare.
Anonymous
Post 01/19/2019 19:07     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.


You are thinking about the federal government attorneys. Oh, wait.....


Worked in a big law firm for over 10 years. Never remember a partner being fired. Give an example a big law parter being fired?


They don't get "fired," but they get pushed out. Look at 2008-2010. Do you think that all of the partners who left Vault 25 firms for shitlaw did so for quality of life reasons?
Anonymous
Post 01/19/2019 18:53     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.


You are thinking about the federal government attorneys. Oh, wait.....


Worked in a big law firm for over 10 years. Never remember a partner being fired. Give an example a big law parter being fired?
Anonymous
Post 01/19/2019 18:51     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:About $350k depending on the firm. Keep in mind you then have to buy in to partnership, pay for your own healthcare and all sorts of other expenses. DH made more as senior associate than as first year partner with all the extras we had to pay for.


This is actually a bit on the low end. I would say closer to $400k-425k.


No way, much higher. High six figures crossing to low seven.
Anonymous
Post 01/19/2019 18:51     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:Curious.


Is this yet another "how much does my new next door neighbor with the big new house make" thread? Tiresome. You do you, OP. Stay in your lane.
Anonymous
Post 01/19/2019 18:48     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.


You are thinking about the federal government attorneys. Oh, wait.....
Anonymous
Post 01/19/2019 18:46     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


Hahahahaha!

Sigh.


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.
Anonymous
Post 01/19/2019 18:31     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:But once you are partner its almost impossible to be fired right? That has a lot of value too.


LOL!!! Spoken like a 1L.
Anonymous
Post 01/19/2019 18:30     Subject: How much does junior partner at top DC law firm make?
Anonymous wrote:How long does it take to make jr partner? I’m surprised by how low the number is. It doesn’t compare to starting salaries at the accounting firms for partners, but it take you 10 years min to make Partner there.


Longer than 10. More like 12-15, at least at big 4. I used to work at a big 4 and when a former colleague became a partner at 34, he was one of the youngest people to make partner *ever* at that firm. He started there straight out of undergrad so worked there for 12-13 years or so.