Any advice on negotiating comp for a lateral move (equity, AMLAW100)? Should you always counter an initial offer even when it's on the higher range of the offers you receive? Should any counter be for more shares/units where that applies, higher guarantee for initial period, some sort of bonus or some mix of those?

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I think a counter is generally expected, but most of the time the offer that has gotten approved at the various levels is…basically… the offer. So don’t expect much if any movement on the salary.

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I’m also just starting to interview to make a lateral move between comparable firms and interested in any insights. Also interested in how big of a deal PPEP is if I am currently at the low end of pay for being an equity partner at my firm. My firm is hyper focused on raising PPEP “to attract good laterals.” But if I go to a firm where I would get paid 20% more now, even though the firm is $100K or more less PPEP than my current firm, should I care about the lower PPEP even if it means more salary (now) for me personally? Even when our PPEP increases notably overall, it’s not such a notable increase at my level.

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Also very good insight. Thank you!!

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Helpful, thank you!

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