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What do non-equity biglaw partners make?
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Date: June 2nd, 2012 3:31 PM Author: curious new version Base and bonus is similar to senior associates ($265K for 7th year)? Or is there a significant bump in pay? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812574) |
Date: June 2nd, 2012 3:34 PM Author: ungodly doobsian sneaky criminal cuck Depends on firm (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812582) |
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Date: June 2nd, 2012 4:26 PM Author: curious new version Any #s for Quinn? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812785) |
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Date: June 2nd, 2012 3:43 PM Author: curious new version (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812616) |
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Date: June 2nd, 2012 3:47 PM Author: galvanic kitchen patrolman At my firm, non-equity partners make on average about half of PPP. I was shocked when I first discovered that. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812627) |
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Date: June 2nd, 2012 4:08 PM Author: curious new version so around $500K? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812708) |
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Date: June 2nd, 2012 4:21 PM Author: puce passionate pervert codepig sounds about right (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812762) |
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Date: June 3rd, 2012 2:57 AM Author: Laughsome Therapy That's not bad. Vault range? Also, I don't think that's typical. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20816322) |
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Date: June 3rd, 2012 11:42 AM Author: galvanic kitchen patrolman Not Vault. NLJ250 regional "BigLaw."
I don't think it's typical, either. But the numbers show the average non-equity partner making like 55% of PPP. This is surprising because my understanding is that it's not that hard to make non-equity partner here. It might well be that some non-equity (and soon-to-make-equity) bros are skewing the numbers by pulling down huge bonuses. |
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Date: June 2nd, 2012 3:51 PM Author: fighting bearded crackhouse international law enforcement agency do non equity partners have a shot at equity partner? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812641) |
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Date: June 2nd, 2012 8:55 PM Author: Misunderstood multi-colored incel Depends on the firm, brother. For some firms like K&E, non equity is a required step before equity. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20814198) |
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Date: June 2nd, 2012 4:22 PM Author: fragrant mildly autistic menage Equity or wannabe. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20812767) |
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Date: June 2nd, 2012 5:19 PM Author: walnut alpha Salary starts slightly above 8th year associates, plus an equity piece (with no buyin) with annual steps plus a bonus that can be a huge range depending on performance. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20813144) |
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Date: June 2nd, 2012 6:38 PM Author: curious new version is this equity piece standard at most biglaw firms that have non-equity partners (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20813564) |
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Date: June 2nd, 2012 7:10 PM Author: Sinister Gold Hospital Gaping Yes. Non-equity partners always have equity. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20813738) |
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Date: June 2nd, 2012 8:05 PM Author: walnut alpha Doubt it. Thought it was as interesting feature when I learned my firm's system. Makes sense for the firm to want even non-equity partners to have some of their comp depend on the firm's financial performance though. Bonuses are really focused more on individual performance. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20813960) |
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Date: June 2nd, 2012 8:39 PM Author: Hot olive headpube is the bonus range for non equity higher than 8th years? do non-equity need to pay their own health insurance etc..? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20814120) |
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Date: June 2nd, 2012 10:55 PM Author: walnut alpha Yes to both. Bonus range for non-equities ranges from de minimis to seven figures (with the latter obviously being rare and being the guys who are on deck to get promoted to equity). |
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Date: June 3rd, 2012 4:24 PM Author: black wonderful dilemma this subthread delivered (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818412) |
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Date: June 3rd, 2012 4:25 PM Author: black wonderful dilemma and now i am the idiot who replied to the wrong subthread (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818416) |
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Date: June 4th, 2012 10:46 AM Author: at-the-ready duck-like abode keep practicing (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20822693) |
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Date: June 3rd, 2012 12:35 PM Author: Glassy location varies by firm, "class" year, etc. non-equity partners or counsel at firms without nonequity partners (which are the same thing) can make anywhere from 300k to the 600s (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817145) |
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Date: June 3rd, 2012 2:48 PM Author: walnut alpha Kirkland non-equity "partners" make less than that. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817791) |
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Date: June 3rd, 2012 2:52 PM Author: ungodly doobsian sneaky criminal cuck (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817832) |
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Date: June 3rd, 2012 2:54 PM Author: walnut alpha LOL no. Kirkland first year non-equity partners did not get "massive" bonuses last year. They're still just senior associates by everyone else's metric. |
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Date: June 3rd, 2012 2:54 PM Author: ungodly doobsian sneaky criminal cuck (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817846) |
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Date: June 3rd, 2012 2:56 PM Author: walnut alpha Sure you would chief. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817871) |
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Date: June 3rd, 2012 2:58 PM Author: ungodly doobsian sneaky criminal cuck (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817881) |
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Date: June 3rd, 2012 2:59 PM Author: walnut alpha Sure you do chief. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817896) |
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Date: June 3rd, 2012 3:01 PM Author: Apoplectic sanctuary stain I work there. And he's right
lolololol |
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Date: June 3rd, 2012 3:02 PM Author: walnut alpha I pity you and your desperate need to justify your firm's atrocious culture. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817917) |
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Date: June 3rd, 2012 3:04 PM Author: Apoplectic sanctuary stain Aww dude at non peer firm making less money pities me
Atrocious or not. We make a ton of $$$. No need to spread bullshit |
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Date: June 3rd, 2012 3:07 PM Author: walnut alpha Really, my firm is not a peer? That would be news to most. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817943) |
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Date: June 3rd, 2012 3:08 PM Author: Apoplectic sanctuary stain Sure it would, chief. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20817948) |
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Date: June 3rd, 2012 3:12 PM Author: walnut alpha And we're back to your firm being thoroughly unlikeable. Does your firm have a single Chambers ranking higher than mine? |
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Date: June 3rd, 2012 3:14 PM Author: Apoplectic sanctuary stain I like how you don't dispute that I make more than you.
Since you work at a non peer firm, I'm sure my firm has plenty of higher chambers ratings. But let's talk about $$$ instead of this aspie bullshit
A) for one, unless you work at weil, our bk practice is better than yours B) unless you work at stb our PE practice is better than yours C) our litigation practice is better than yours D) our ip practice is better than yours
Toss my salad you little bitch |
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Date: June 3rd, 2012 3:30 PM Author: walnut alpha I have no idea whether you make more than me. My bonus last year was significantly above market. This year it will be even more so. Actually, our creditor side BK practice is better than yours. I would happily put our PE client list up against yours. Our M&A, capital markets (both debt and equity) and finance practices are massively better than yours. I know nothing about litigation except that we're a hell of a lot better than you in our primary market and Band 2 vs Band 3 in NY doesn't suggest much of a difference. |
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Date: June 3rd, 2012 3:35 PM Author: Apoplectic sanctuary stain Question: does your firm have a single practice that had a higher chambers rating than mine?
Answered.
You also outed your firm. LOL at it being a peer. We're done here. |
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Date: June 3rd, 2012 4:03 PM Author: walnut alpha Pretty sure my firm was already known. Really not sure why you K&E guys have such massive inferiority complexes that you need to constantly justify your choice. Then again, as awful as working there must be, I guess I can see why you need to keep telling yourselves that it's somehow worthwhile. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818280) |
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Date: June 3rd, 2012 4:10 PM Author: Apoplectic sanctuary stain Knowing you work at Latham, I feel absolutely no need to justify my choice. If you worked at S&C, things would be different.
I don't think anyone needs to drink the kool aid to agree with that. |
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Date: June 3rd, 2012 4:23 PM Author: walnut alpha Ok dude. Hope you're enjoying being screamed at by your partners and laughed at by opposing counsel every time you make a ridiculous ask that will never be agreed to. For someone who purports not to care, you sure put a lot of energy into this. |
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Date: June 3rd, 2012 4:28 PM Author: Apoplectic sanctuary stain You act like Latham is fucking different, it isn't. You have screamers too, and you get laughed at by opposing counsel becaus the quality of your work product is shit.
I hope you enjoy working at an inferior firm, making less money.
Jesus, the way you talk you'd think you were working at Cravath or something. But Latham??? Give me a fucking break. |
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Date: June 4th, 2012 2:38 AM Author: walnut alpha These places really are all the same. They work on the same deals for the same kinds of clients. Only difference is the culture. I actually really doubt you get paid more than I do and I don't even have to put up with the same bullshit you do in order to get it. |
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Date: June 3rd, 2012 4:26 PM Author: unhinged big dog poop site the two of you are seriously spending time talking shit about the relative merits of the sweatshops you work at? come on (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818422) |
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Date: June 3rd, 2012 4:29 PM Author: Apoplectic sanctuary stain This too. Latham boy here criticizes K&E for having a quality that is universal to any Biglaw shop. Jesus fucking christ. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818444) |
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Date: June 4th, 2012 2:37 AM Author: walnut alpha I have been yelled at precisely once, and the incompetent bitch who did it got fired soon afterwards. Very much not a common trait at my firm. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20822187) |
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Date: June 4th, 2012 7:08 AM Author: Apoplectic sanctuary stain But mass-lathaming is, right?
Give me a fucking break. You have ZERO ground to stand on. |
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Date: June 4th, 2012 9:17 PM Author: walnut alpha As I said years ago, what do I care about other people getting laid off? I do good work, important partners like me and I'm in no danger. Other people aren't my fucking problem. And LOL at the idea that Kirkland doesn't kick out massive amounts of people even in a good year. |
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Date: June 3rd, 2012 3:20 PM Author: ungodly doobsian sneaky criminal cuck LOL at a T25 latham apologist bashing any firm. any.
Just LOL. |
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Date: June 3rd, 2012 4:24 PM Author: Know-it-all abusive theater stage famous landscape painting 600k (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20818409) |
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Date: June 3rd, 2012 7:06 PM Author: Hot olive headpube How much is health insurance for a non equity partner? I think I'd rather just be an associate, what's the point of the title? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20819316) |
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Date: June 4th, 2012 10:44 AM Author: Onyx Queen Of The Night Immigrant Most of us are strivers bro, which is the unfortunate truth. Law school was just the beginning of our striverdome, and it is no different in the work place. I will say that non-equity partners seem to be more relaxed than "of counsel" and equity partners.
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Date: June 4th, 2012 11:24 AM Author: Hot olive headpube this title isn't even prestigious though man, it doesn't mean shit, it's like a fake title that you get in exchange for letting the firm cut its health expenses (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20822832) |
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Date: June 3rd, 2012 7:47 PM Author: seedy brindle background story institution what are billing requirements for non equity partners like? 2200? and i'm guessing no pressure to bring in business? (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20819554) |
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Date: June 4th, 2012 9:19 PM Author: walnut alpha It's pretty difficult to be kicked out as a non-equity (really one of the major difference between non-equity and counsel). Not really a hard hours requirement, but that being said, you definitely need to continue being crucial to a major partner/practice group/client or you will find your way out. (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20825875) |
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Date: June 4th, 2012 1:26 AM Author: Hot olive headpube (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20821917) |
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Date: June 4th, 2012 11:27 AM Author: comical misanthropic karate range lol, pdzorro got raped ITT (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20822850) |
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Date: June 4th, 2012 11:29 AM Author: Hot olive headpube cliff notes? i skipped over that entire subthread (http://www.autoadmit.com/thread.php?thread_id=1962104&forum_id=2#20822859) |