Law Partners

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

Looking at merging with another firm in NY. My practice in my current small firm has been mainly with clients in NJ which I doubt will travel to NY. Firm in NY is now saying we will pay some of your… more

Working at a small ID firm and want to break out and work at a larger firm. Any tips for breaking in or any firms looking. I have 11 years experience.

What are your expected billables and comp?

Can anyone opine on market salary/guaranteed draw/comp structure for a non equity partner in NYC doing plaintiff side securities litigation?

Need some assistance getting a disclosure order for a URL in the US. The page defamed someone in Barbados Can anyone assist.

Curious if any firms are starting to evaluate office space needs/changes moving forward post-Covid. My firm is and we’ve spent a ton of money on a consultant who I’m convinced doesn’t understand what … more

The managing partner of my firm just announced we’re moving from back to the office 2 days a month to 3 days a week and I’m pissed. None of the other partners were consulted about this decision and th… more

I have been asked to interview a lateral partner candidate for the first time. I've interviewed tons of lateral associates, but this is my first prospective fellow partner. Any tips?

My huge ID firm just told me they give NO origination credit and I’m on the verge of bringing in a substantial national book of business. Has anyone ever heard of this? They already pay garbage but ar… more

How do you rebound from a big screw up? I am checking my work, and I brought it to relationship partner and clients’ attention, telling them to pause before they further act on my advice, but my advice is looking… more

New equity partner here in firm with 220 lawyers and nearly half are partners. Any advice for these next few years?

Any opinions on Reminger?

I am a junior partner in small law (<10 lawyers). Recently 2 of the partners (one senior, one mid) have cut back significantly on their hours and are hardly ever in the office. Meanwhile I have a f… more

Non equity partner - W2 or K1? What is better or worse and why? I understand I will have to pay entire social security amount.

Second interview for lateral position today. Any advice?

How many vacation days are litigation partners taking per year?

Can someone talk to me about lateraling as a partner? I have the opportunity to lateral to another firm. Is it the same two weeks notice I would have had as an associate? Longer/more complicated beca… more

We have a couple senior associates working a reduced schedule (managing a work-family balance, etc.). These senior associates are excellent, and I want to see them become partners (more diversity in the pa… more

Looking for comps for summer interns. For context, college grads who want to figure out if they will go to law school someday.

Opinions about Morgan and Morgan?

How do you have the conversation with your client where it’s going to take way more money to pay me than it would to just resolve this dispute by just doing (x thing your client would rather drink ant… more

I have an opportunity to bring over an entire practice group from another firm. I would be saving my firm probably $2M in recruiter fees.
Is this something where I should be negotiating a finders fee?

Any recommendations for accountants in Chicago?

Chicago female income partner here (14 yrs experience in L&E) with $400k book at a mid-sized firm with 30-40 attorneys. Curious to know base salary of other junior income partners in Chicago at si… more

How are other partners telling sensitive millennial associates that they’re screwing up? Recently, one of mine has gone totally off the rails. Work quality has slipped, deadlines are an issue, frequ… more

What are you fine folks seeing for a bring your own device cell phone stipend?

Survey on how you handle this particular crediting situation at your firm. Our group does larger M&A and project development transactions. These projects involve several distinct work streams headed b… more

Thoughts and prayers for the mid level associate who at 6pm told senior partner (who is out because he has COVID and honestly sounds super sick) that she would do a filing due today *when she got back… more

Our associates are billing like 130-140 a month and are complaining about being stressed and overworked. The partners for the most part are billing more than associates as a result. But the workload c… more

Junior-ish partner at highly profitable big firm. Frustrated that I’ll likely be no more than 2nd or 3rd partner in line on clients for at least the next 10 years or so. Any solutions other than bring… more

How do other, particularly small, partnerships deal with write offs of client bills? First month as partner and former boss, now partner, had me cover something last minute. Client freaked. Partner sa… more

Need advice on creating proposal for separating from my firm where I am a partner and have practiced 20 years. Leaving to solo a boutique practice. Would ideally like to preserve the referral relation… more

Small law firms in NYC - what is the going rate for summer associates? This is the first year in a while we’ve had summers try to negotiate and want to make sure we aren’t out of step with the market… more

NEP with a book of ~$750k. Bill roughly 80-90% of those hours with very little staffing assistance. Believe I’m up for equity end of year. How to determine equity % when I’d be coming in middle of the… more