\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

V5 senior associate, lateral to lower-ranked firm or stay put?

V5, partnership is a virtual impossibility for associates he...
mentally impaired arousing national security agency sanctuary
  03/18/18
Leave for the lower ranked firm brej
stirring scarlet menage
  03/18/18
Why do you say that?
blue lodge ceo
  03/18/18
hurl self from nearest window
Up-to-no-good shimmering trust fund
  03/18/18
go inhouse at major client then return as partner
sticky white church building skinny woman
  03/18/18
in-house jobs in my practice area are well below 200,000
mentally impaired arousing national security agency sanctuary
  03/18/18
How many years of experience?
Pale mind-boggling legend
  03/18/18
6, 7, 8
mentally impaired arousing national security agency sanctuary
  03/18/18
That's not a "lateral" move
Lemon hot becky
  03/18/18
Any thoughts beyond that?
blue lodge ceo
  03/18/18
You might as well make the move. Now is the only time you ha...
Lemon hot becky
  03/18/18
the other firm would be more hours for less pay, which is a...
mentally impaired arousing national security agency sanctuary
  03/18/18
so it's a lower ranked firm, less money, more hours, no guar...
Lemon hot becky
  03/18/18
Upside is immediate promotion to counsel and decent odds of ...
mentally impaired arousing national security agency sanctuary
  03/18/18
Why would you care so much about a title? Until you are an ...
spectacular tattoo
  03/18/18
I've always thought it helped you develop business. Maybe I...
mentally impaired arousing national security agency sanctuary
  03/18/18
Maybe a little bit, but I don't think it is a reason to make...
spectacular tattoo
  03/18/18
ok, thanks
mentally impaired arousing national security agency sanctuary
  03/18/18
I think counsel might be worse than associate. Makes you lo...
Lemon hot becky
  03/18/18
How much longer can you stay at V5 without being pushed out?...
gold kitty cat
  03/18/18
Several years at least, it's possible I could stay long term...
mentally impaired arousing national security agency sanctuary
  03/18/18
Chances you inherit his book?
gold kitty cat
  03/18/18
I will get some of his work and already have clients call me...
mentally impaired arousing national security agency sanctuary
  03/18/18
Something similar happened at my old biglaw firm. Rainmaker ...
gold kitty cat
  03/18/18
How many people have made partner in your group in the last ...
multi-colored potus
  03/18/18
Zero, and several have left or retired. The firm seems to ha...
mentally impaired arousing national security agency sanctuary
  03/18/18
Do you have any clients you can bring with you?
cerebral sneaky criminal ladyboy
  03/18/18
One minor clients and contracts/potential biz with some big ...
mentally impaired arousing national security agency sanctuary
  03/18/18
Then I think it makes a lot of sense to lateral and to spend...
cerebral sneaky criminal ladyboy
  03/18/18
...
mentally impaired arousing national security agency sanctuary
  03/18/18
Dem velvet handcuffs. Sounds like you are doomed.
sticky white church building skinny woman
  03/18/18
...
mentally impaired arousing national security agency sanctuary
  04/09/18
what did you do
Lemon hot becky
  04/09/18
are you even human at this point?
Grizzly house-broken macaca center
  04/09/18
Build time machine. Don’t go to law school. YW
charismatic abusive parlor
  04/09/18
...
ivory bossy mood
  09/01/18


Poast new message in this thread



Reply Favorite

Date: March 18th, 2018 11:43 AM
Author: mentally impaired arousing national security agency sanctuary

V5, partnership is a virtual impossibility for associates here. Promotion to "counsel" is possible by year 9-10, but not guaranteed (it is treated like promotion to partner at many firms). My group has had some serious layoffs but I am safe for the short term at least and am getting very good work/client contacts. I may have an opportunity to lateral as a counsel in my current practice area to an amlaw 100 firm (PPP is over $1mm) and the firm would put me up for non-equity partner in a year. Thoughts/recs?



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35630951)



Reply Favorite

Date: March 18th, 2018 11:47 AM
Author: stirring scarlet menage

Leave for the lower ranked firm brej

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35630963)



Reply Favorite

Date: March 18th, 2018 12:05 PM
Author: blue lodge ceo

Why do you say that?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631047)



Reply Favorite

Date: March 18th, 2018 11:47 AM
Author: Up-to-no-good shimmering trust fund

hurl self from nearest window

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35630964)



Reply Favorite

Date: March 18th, 2018 11:56 AM
Author: sticky white church building skinny woman

go inhouse at major client then return as partner

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35630996)



Reply Favorite

Date: March 18th, 2018 12:15 PM
Author: mentally impaired arousing national security agency sanctuary

in-house jobs in my practice area are well below 200,000

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631097)



Reply Favorite

Date: March 18th, 2018 1:52 PM
Author: Pale mind-boggling legend

How many years of experience?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631523)



Reply Favorite

Date: March 18th, 2018 2:27 PM
Author: mentally impaired arousing national security agency sanctuary

6, 7, 8

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631692)



Reply Favorite

Date: March 18th, 2018 12:04 PM
Author: Lemon hot becky

That's not a "lateral" move



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631041)



Reply Favorite

Date: March 18th, 2018 12:06 PM
Author: blue lodge ceo

Any thoughts beyond that?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631054)



Reply Favorite

Date: March 18th, 2018 12:11 PM
Author: Lemon hot becky

You might as well make the move. Now is the only time you have leverage. Get written, signed guarantees about the partnership process and the comp for the first few years, and expect to get mightily buttfucked once your guarantee drops.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631071)



Reply Favorite

Date: March 18th, 2018 12:16 PM
Author: mentally impaired arousing national security agency sanctuary

the other firm would be more hours for less pay, which is an issue

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631104)



Reply Favorite

Date: March 18th, 2018 12:20 PM
Author: Lemon hot becky

so it's a lower ranked firm, less money, more hours, no guaranteed partnership? What's the upside?

Sounds like the kind of position that would be available even if you are laid off.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631116)



Reply Favorite

Date: March 18th, 2018 12:34 PM
Author: mentally impaired arousing national security agency sanctuary

Upside is immediate promotion to counsel and decent odds of partnership (my odds currently are something like 1 in 100). Downside is worse exit options to in-house, if I ever wanted to do that. Probably comparable job security, and worse pay and hours.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631164)



Reply Favorite

Date: March 18th, 2018 1:37 PM
Author: spectacular tattoo

Why would you care so much about a title? Until you are an equity partner it is all meaningless.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631476)



Reply Favorite

Date: March 18th, 2018 1:40 PM
Author: mentally impaired arousing national security agency sanctuary

I've always thought it helped you develop business. Maybe I'm wrong about that, though.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631493)



Reply Favorite

Date: March 18th, 2018 1:45 PM
Author: spectacular tattoo

Maybe a little bit, but I don't think it is a reason to make less money for longer hours. Based on what I've heard, I'd stick it out where you are and just work hard to become even more indispensable to clients and become counsel.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631505)



Reply Favorite

Date: March 18th, 2018 1:48 PM
Author: mentally impaired arousing national security agency sanctuary

ok, thanks

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631514)



Reply Favorite

Date: March 18th, 2018 5:41 PM
Author: Lemon hot becky

I think counsel might be worse than associate. Makes you look like you're a part timer.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35632866)



Reply Favorite

Date: March 18th, 2018 12:06 PM
Author: gold kitty cat

How much longer can you stay at V5 without being pushed out?

What's the alternative? I mean, is the department a tight group that makes sure everyone is fed, or is it a eat what you kill kind of mentality?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631053)



Reply Favorite

Date: March 18th, 2018 12:13 PM
Author: mentally impaired arousing national security agency sanctuary

Several years at least, it's possible I could stay long term as a counsel. I do most of my work with one older partner who is very respected but is near retirement, so when he retires I may be in trouble, though I am getting some of his work and can potentially get more of it by staying here.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631084)



Reply Favorite

Date: March 18th, 2018 12:25 PM
Author: gold kitty cat

Chances you inherit his book?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631135)



Reply Favorite

Date: March 18th, 2018 12:31 PM
Author: mentally impaired arousing national security agency sanctuary

I will get some of his work and already have clients call me directly with new matters. But the Fortune 100 GCs that currently call him aren't going to start calling me the day after he's gone.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631158)



Reply Favorite

Date: March 18th, 2018 4:45 PM
Author: gold kitty cat

Something similar happened at my old biglaw firm. Rainmaker was retiring. A partner took over the relationship handling of key clients and smaller ones went to the key senior associate (helped him cop breakfast). The senior assoc (now partner) was still kept fed through the big clients but also had a small, meaningful book.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35632546)



Reply Favorite

Date: March 18th, 2018 12:08 PM
Author: multi-colored potus

How many people have made partner in your group in the last five years?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631065)



Reply Favorite

Date: March 18th, 2018 12:11 PM
Author: mentally impaired arousing national security agency sanctuary

Zero, and several have left or retired. The firm seems to have no interest in making additional partners in my group and I expect they will hire a lateral when the head of my group retires.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631073)



Reply Favorite

Date: March 18th, 2018 12:08 PM
Author: cerebral sneaky criminal ladyboy

Do you have any clients you can bring with you?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631067)



Reply Favorite

Date: March 18th, 2018 12:13 PM
Author: mentally impaired arousing national security agency sanctuary

One minor clients and contracts/potential biz with some big clients.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631090)



Reply Favorite

Date: March 18th, 2018 12:57 PM
Author: cerebral sneaky criminal ladyboy

Then I think it makes a lot of sense to lateral and to spend the next year doing everything you can to bring a client or two in the door to ensure partnership.



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631252)



Reply Favorite

Date: March 18th, 2018 1:28 PM
Author: mentally impaired arousing national security agency sanctuary



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35631421)



Reply Favorite

Date: March 18th, 2018 4:47 PM
Author: sticky white church building skinny woman

Dem velvet handcuffs. Sounds like you are doomed.

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35632555)



Reply Favorite

Date: April 9th, 2018 7:01 PM
Author: mentally impaired arousing national security agency sanctuary



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35801651)



Reply Favorite

Date: April 9th, 2018 7:06 PM
Author: Lemon hot becky

what did you do

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35801684)



Reply Favorite

Date: April 9th, 2018 7:06 PM
Author: Grizzly house-broken macaca center

are you even human at this point?

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35801681)



Reply Favorite

Date: April 9th, 2018 7:07 PM
Author: charismatic abusive parlor

Build time machine. Don’t go to law school. YW

(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#35801691)



Reply Favorite

Date: September 1st, 2018 9:29 PM
Author: ivory bossy mood



(http://www.autoadmit.com/thread.php?thread_id=3921997&forum_id=2#36729985)