Anonymous
11/29/2017 21:34
Subject: Just found out I made partner in biglaw
Anonymous wrote:"Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal."
That's funny!
-law firm partner
I'm sure the poster really feels this way. Unfortunately, that's just the surface image - the reality is that election to partner *IS* based on money. An associate has to be seen as a good billing machine who will continue to be one. Subject matter experts are a dime a dozen.
Anonymous
11/29/2017 15:45
Subject: Just found out I made partner in biglaw
"Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal."
That's funny!
-law firm partner
That's funny!
-law firm partner
Anonymous
11/29/2017 15:23
Subject: Just found out I made partner in biglaw
Doesn't mean the "biglaw partner" above isn't right....
Anonymous
11/29/2017 13:36
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, sorry to sound harsh but you sound like a total loser. On Thanksgiving day, you are GLOATING on an anonymous board that you made partner! Go to your family.
A singleminded, all work personality like that is why the senior partner selected OP to grind away for relative peanuts, freeing up the senior partner to enjoy his life.
This is actually not that far off from the truth. OP was a good little billing machine and kept his sponsoring partner's clients happy. Maybe, just maybe, OP's partner will give him scraps to build a book in a couple more years.
The key to REAL MONEY, as others have pointed out, is for OP to develop his own book of business. However, he can't do that if his sponsoring partner is going to keep his nose to the grindstone (OP is a service partner after all). OP is going to need to spend 10+ hours a week (on his own time) writing articles, giving presentations and attending conferences (with in-house counsel) to develop his own book. This will put a strain on his marriage and his health.
Enjoy the moment OP, then get back to billing.
Work/life balance and health aside, most partners (if not all, actually) I know do not have making money as a key principle in their career ambitions. Many junior associates that come in with that mentality are more often than not out of the game after 3 years. This is cliche but it has to be said, if one is intelligent enough to land a big law gig and want to make "REAL MONEY", they are in the wrong profession.
You're a real dummy if you believe any of the nonsense you have written. You sound like some clueless turd who was born with a silver spoon in your mouth. No one would make the sacrifices involved in a big law career if not for the money. You cut even a bit of the compensation and everyone jumps ship.
-Big law partner
Lol spoken like a true biglaw partner.
Anonymous
11/29/2017 13:10
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, sorry to sound harsh but you sound like a total loser. On Thanksgiving day, you are GLOATING on an anonymous board that you made partner! Go to your family.
A singleminded, all work personality like that is why the senior partner selected OP to grind away for relative peanuts, freeing up the senior partner to enjoy his life.
This is actually not that far off from the truth. OP was a good little billing machine and kept his sponsoring partner's clients happy. Maybe, just maybe, OP's partner will give him scraps to build a book in a couple more years.
The key to REAL MONEY, as others have pointed out, is for OP to develop his own book of business. However, he can't do that if his sponsoring partner is going to keep his nose to the grindstone (OP is a service partner after all). OP is going to need to spend 10+ hours a week (on his own time) writing articles, giving presentations and attending conferences (with in-house counsel) to develop his own book. This will put a strain on his marriage and his health.
Enjoy the moment OP, then get back to billing.
Work/life balance and health aside, most partners (if not all, actually) I know do not have making money as a key principle in their career ambitions. Many junior associates that come in with that mentality are more often than not out of the game after 3 years. This is cliche but it has to be said, if one is intelligent enough to land a big law gig and want to make "REAL MONEY", they are in the wrong profession.
You're a real dummy if you believe any of the nonsense you have written. You sound like some clueless turd who was born with a silver spoon in your mouth. No one would make the sacrifices involved in a big law career if not for the money. You cut even a bit of the compensation and everyone jumps ship.
-Big law partner
Anonymous
11/28/2017 18:07
Subject: Just found out I made partner in biglaw
Anonymous wrote:Most attorneys are scum
…until you need one.
Right?
Anonymous
11/28/2017 17:57
Subject: Just found out I made partner in biglaw
Most attorneys are scum
Anonymous
11/28/2017 17:09
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
Don't kid yourself, it's ALWAYS about money. Professional achievement has its place, but without someone bringing in clients (and that someone wants to get paid) there is no firm in which partnership represents professional achievement. Just ask anyone who was part of Coudert, Dewey, Dickstein, etc... Firms fail when the rainmakers leave. Those lawyers who focused on partnership, collegiality, professionalism, etc... were left with nothing (or less than nothing if there was a capital call to pay off the firm's debts).
Hey, I've got nothing against making a buck. But, if you think it's only about the money, you're missing out on a lot.
True, you have to enjoy working with your "partners," but like any other job, you want to get paid fair compensation. If you don't, then you move on to another firm.
And oh boy do they.
This goes double (or triple) for equity partners. Service "partners" who work for equity partners are either brought along or left behind. If left behind, they're on their own....
Anonymous
11/28/2017 16:29
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
Don't kid yourself, it's ALWAYS about money. Professional achievement has its place, but without someone bringing in clients (and that someone wants to get paid) there is no firm in which partnership represents professional achievement. Just ask anyone who was part of Coudert, Dewey, Dickstein, etc... Firms fail when the rainmakers leave. Those lawyers who focused on partnership, collegiality, professionalism, etc... were left with nothing (or less than nothing if there was a capital call to pay off the firm's debts).
Hey, I've got nothing against making a buck. But, if you think it's only about the money, you're missing out on a lot.
True, you have to enjoy working with your "partners," but like any other job, you want to get paid fair compensation. If you don't, then you move on to another firm.
And oh boy do they.
Anonymous
11/28/2017 16:27
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
Don't kid yourself, it's ALWAYS about money. Professional achievement has its place, but without someone bringing in clients (and that someone wants to get paid) there is no firm in which partnership represents professional achievement. Just ask anyone who was part of Coudert, Dewey, Dickstein, etc... Firms fail when the rainmakers leave. Those lawyers who focused on partnership, collegiality, professionalism, etc... were left with nothing (or less than nothing if there was a capital call to pay off the firm's debts).
Hey, I've got nothing against making a buck. But, if you think it's only about the money, you're missing out on a lot.
True, you have to enjoy working with your "partners," but like any other job, you want to get paid fair compensation. If you don't, then you move on to another firm.
Anonymous
11/28/2017 15:19
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
Don't kid yourself, it's ALWAYS about money. Professional achievement has its place, but without someone bringing in clients (and that someone wants to get paid) there is no firm in which partnership represents professional achievement. Just ask anyone who was part of Coudert, Dewey, Dickstein, etc... Firms fail when the rainmakers leave. Those lawyers who focused on partnership, collegiality, professionalism, etc... were left with nothing (or less than nothing if there was a capital call to pay off the firm's debts).
Hey, I've got nothing against making a buck. But, if you think it's only about the money, you're missing out on a lot.
Anonymous
11/28/2017 14:44
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, sorry to sound harsh but you sound like a total loser. On Thanksgiving day, you are GLOATING on an anonymous board that you made partner! Go to your family.
A singleminded, all work personality like that is why the senior partner selected OP to grind away for relative peanuts, freeing up the senior partner to enjoy his life.
This is actually not that far off from the truth. OP was a good little billing machine and kept his sponsoring partner's clients happy. Maybe, just maybe, OP's partner will give him scraps to build a book in a couple more years.
The key to REAL MONEY, as others have pointed out, is for OP to develop his own book of business. However, he can't do that if his sponsoring partner is going to keep his nose to the grindstone (OP is a service partner after all). OP is going to need to spend 10+ hours a week (on his own time) writing articles, giving presentations and attending conferences (with in-house counsel) to develop his own book. This will put a strain on his marriage and his health.
Enjoy the moment OP, then get back to billing.
Work/life balance and health aside, most partners (if not all, actually) I know do not have making money as a key principle in their career ambitions. Many junior associates that come in with that mentality are more often than not out of the game after 3 years. This is cliche but it has to be said, if one is intelligent enough to land a big law gig and want to make "REAL MONEY", they are in the wrong profession.
Not true. Many BIGLAW associates focus on money because they're $150k+ in debt. Thereafter, they want to save as much as possible because they know that they have less than a 5% of making partner after 7-8 years. If they do make partner, they're still interested in making money (529s don't fund themselves). There is still "real money" to be had in BIGLAW, but it's very hard to make. Law is a less risky profession than going into business, but is still lucrative, which is why many intellectually-inclined young people end up pursuing it.
Anonymous
11/28/2017 14:29
Subject: Just found out I made partner in biglaw
Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
Don't kid yourself, it's ALWAYS about money. Professional achievement has its place, but without someone bringing in clients (and that someone wants to get paid) there is no firm in which partnership represents professional achievement. Just ask anyone who was part of Coudert, Dewey, Dickstein, etc... Firms fail when the rainmakers leave. Those lawyers who focused on partnership, collegiality, professionalism, etc... were left with nothing (or less than nothing if there was a capital call to pay off the firm's debts).
Anonymous
11/28/2017 13:49
Subject: Just found out I made partner in biglaw
Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, sorry to sound harsh but you sound like a total loser. On Thanksgiving day, you are GLOATING on an anonymous board that you made partner! Go to your family.
A singleminded, all work personality like that is why the senior partner selected OP to grind away for relative peanuts, freeing up the senior partner to enjoy his life.
This is actually not that far off from the truth. OP was a good little billing machine and kept his sponsoring partner's clients happy. Maybe, just maybe, OP's partner will give him scraps to build a book in a couple more years.
The key to REAL MONEY, as others have pointed out, is for OP to develop his own book of business. However, he can't do that if his sponsoring partner is going to keep his nose to the grindstone (OP is a service partner after all). OP is going to need to spend 10+ hours a week (on his own time) writing articles, giving presentations and attending conferences (with in-house counsel) to develop his own book. This will put a strain on his marriage and his health.
Enjoy the moment OP, then get back to billing.
Work/life balance and health aside, most partners (if not all, actually) I know do not have making money as a key principle in their career ambitions. Many junior associates that come in with that mentality are more often than not out of the game after 3 years. This is cliche but it has to be said, if one is intelligent enough to land a big law gig and want to make "REAL MONEY", they are in the wrong profession.
Anonymous
11/28/2017 13:36
Subject: Just found out I made partner in biglaw
Anonymous wrote:Being elected partner is about much more than the money. It's the validation and approbation of your peers and mentors, it's the culmination of decades of hard work, and it's the achievement of a major professional goal.
That you reduce it to money actually says more about you than the OP, who didn't even mention money in his/her post.
+1