Equity partner vs. non-equity partner
Pros and cons

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Pro: Equity
Con: Non-equity

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OP- At many firms, that’s now the only trajectory. If a firm has two tiers, no one coming up as an associate makes equity directly unless they have a serious book already. Lateraling as from an associate position to a partner role is an even harder sell.

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Tee hee hee what are all the equity partners gonna do when millennials kill non equity partnership by not taking the deal

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Yeah there are always sell outs lol

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