Law Partners

Has anyone had to confront another partner you suspect has a substance abuse problem? Beyond wasted at client and firm events on multiple occasions. Not aware of impact to work yet, but how would w… more

Partner compensation check. What are your annual billable hours, revenue, originations and total comp? Type of practice?

Finally convinced my partners to ditch ProLaw after too many years. Starting to explore options for the replacement. What do you guys use for practice management, matter management, and accounting? We… more

Does anyone have a sense of how equity partners are paid at Lewis Brisbois? It seems like they really underpay associates and non-equity partners and also have relatively few equity partners compared… more

Can someone kindly explain how mandatory monthly profit sharing contributions (calculated as a % of earnings) with a multi-year vesting schedule work for non-equity partners? What happens to your cont… more

Curious how people would handle associate who blew a 0.22 (nearly 3x legal limit) after crashing car (not injuring anyone, but a serious crash) leaving the firm holiday party.

Do you have a number (savings) that you are working towards before walking away from law? I have a hard time thinking anyone would want to do this into their 60’s. I am really trying to retire at 54 (… more

Trying to figure out what my partner pay should be this year. I am a non equity partner at AmLaw100 firm. I expect to bill about 1900 hours (resulting in $2million in fees). My own originations will … more

I'm a new NEP at a large firm. I feel like split billing credit is all over the place (I'm anywhere from 10% to 50% on matters I'm split into). I am bringing in my first client. I looped i… more

Where are the Junior Associate candidates? Six figure pay, very low billables required (under 1500), pay all expenses (malpractice, bar dues, laptop, retirement, more than 50% of health/dental/vision,… more

Non-equity partners who transitioned as an in-house lawyers, are you generally happier than working in a law firm?

Any insight on Coblentz?

I am a 13 yr atty, partner at large firm (Amlaw 100). I am getting sort of burnt out with the work plus business development expectations. Is it reasonable to think I could lateral to another firm and… more

Could someone suggest range of what my Commerical real estate associate should be making? Mid-sized firm on a relatively low cost of living city; 9 years out of school; 1600 billable hour requirement;… more

Business litigators: have you ever obtained a client from your linked in profile? Any suggestions to make linkedin a better client generation tool?

Assume that AI gets to the level where it doesn’t hallucinate sources and can write a functional (not good, not client-ready or Court-ready, say first or second year level) research memo or draft of a… more

What’s typical compensation for managing partners (non-big law)? Extra stipend per month?

non-big law equity partners… what’s your buy in and how (if at all) does your firm help you finance it? (Zero interest note, third party bank with preferred rates), etc. Give me a sense of how many at… more

Recently got an unexpected acquisition offer from a larger firm (larger firm has around 50 lawyers, we have around 15). Anyone on here build their firm from scratch and then get acquired? Seems like t… more

Trying to get a handle on associate salaries for non-biglaw. Just appointed to associate compensation committee at mid-sized firm in big market (i.e., biglaw pays at top of the market here). Current… more

While age discrimination is unlawful, my prior big law firm pressures partners over the age of 60 out of the partnership, particularly men (ie, “pale, stale, male”), through its subjective compensatio… more

Need input on whether goals are reasonable. About 1 year ago, I started saying out loud that I wanted my firm to be a30-40 attorney firm in 5 years. I would always a caveat that with the statement tha… more

I’m an an EP at a mid size firm (100+ lawyers) with a significant book of business. Firm has many issues, including under compensating key partners. Issues are well known and chair is ignoring much of… more

We are a small firm in the Midwest. Our total non-attorney staff is less than 20. We are looking at our annual raises in February, and some partners on our staff compensation committee have suggested … more

What size book were you able to develop in the first year as partner?

What's a reasonable percentage for costs for a ~$10 million revenue firm (boutique, but not quite small law)?

Is there a standard/typical “deal” for lateral partner compensation at AmLaw 100-200ish firms? I’m hearing one firm offers 25% originations / 25% of working attorney hours (WAC) and another article I … more

First year partner. I am trying to figure out holiday gifts for employees I really like and employees I don’t like so much but must get a gift anyway. Marketing, associates, secretaries, accounting,… more

Joined a well-regarded ID/MedMal Defense firm (50+ attorneys) to start its commercial litigation group 10 years ago. Have had success in growing practice/group and bringing in good clients, but percep… more

Recognizing there are flaws in this analysis, if you divide your total compensation by the sum of your portable book and your working dollars collected, what number pops on the calculator?
EG, 900,000/… more

Does anyone know what is happening at Paul, Weiss litigation? How imminent is the leadership change?

First year as a partner - what is the going rate for holiday gifts for assistant/secretary in biglaw for partners?

NEP here, up for equity consideration at the end of next year and so far I’ve been told I’m on target. However, because of ongoing family/care issues, I can’t give this job what it requires right now.… more

How do you decide when and by how much to increase billing rates? My firm just released a new suggested rate sheet for next year and my suggested rate went up by $150 for new clients. I’m obviously no… more

Boutique transactional practice. Firm is growing post-COVID. Things are at risk of falling through the cracks. I need an easy way to track matters for status reports with colleagues in the firm without remaking the wheel. more

We need to grow quickly to keep up with client work. We hired 4 attorneys since Jan 1. 3 newbies and 1 senior associate with nearly as much experience as the partners. Have 9 total now, but 3 are Of c… more

Non-equity partner here. After having been told for over a year that my promotion to equity is all but certain, apparently the firm is scaling back equity promotions due to recession fears. I could st… more

Considering a move from a boutique to 400 attorney firm and negotiating comp. What is a good formula for non-equity/ income partners? Is it a percentage of working collections and percentage of origin… more

Firm size: 11, inclds 2 partners. my partner had a kid1.5 years ago. This past year we instituted 3 “in firm” days a week T-T. My partner is in office M-F but leaves before 4 everyday. I recently noti… more