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Not as much as you’d expect (or not expect)
Chief
First year partners often make slightly less than senior associates.
At my firm it was a 12% increase based on one data point.
25% increase in base. Subject to slightly higher taxes
Also as a partner you lose subsidized health insurance
Reading this, is there any value to being a partner besides being able to handle most of your own cases and bringing in business?
As a senior associate without business your salary will cap out. As a NEP, you will get a little more salary runway, and even as just a “service partner” can carve out a long term career. Of course, if you do generate business, the sky is the limit