For everyone in big law out there: I just put together another fund for a company I’m involved with and invested in. Since I left big law I’ve been doing fund formation, Regulation D stuff, operating agreements—basically everything that goes into putting together a commercial real estate PE fund (I have some experience in REITs, but I haven’t put one together yet, though I may be). My question is I’m reevaluating my hourly rates I charge my own funds and I’ve decided to take on outside (cont’d)

Posting as :
works at
You are currently posting as works at

Can I come work for you

like

My BL firm has a fund formation practice. Idk a ton about it. First years bill at $800 and partners $1500+ based on seniority. As a 5th year im at $1200.

like

This is very helpful. Thank you. Rates have kept up with inflation plus a bit more, but only by a bit. Interesting.

like

Clients through my own solo law firm. How much do partners and even associates in big law these days (I left in 2016) charge per hour for this kind of work? Since I’ve been gone for so long I have no idea and my friends who are still there aren’t really completely forthcoming, as I’m sure rates are negotiable. But if anyone can help, I’d appreciate a big law ball park. Thanks!

Related Posts

Coz only you could fill this Empty Space Tell me now ....😛

like

Last week team dynamics took a turn for the worst (even tho in each retro the team always commend each other, you would think team work is great). Team members get agitated with each other for being slow. Team members coming across rude and brash (the same ones are difficult to get hold to offer support, time is money is what someone said💰, the craziest was the client accidently sharing her whatsapp screen, commenting on people's feedback to what she was presenting OMG 😲 How was your week?

Can anyone refer me in Capgemini? For Azure Data Engineer role Chennai location. Capgemini

like

Anyone gone from PA to CBRE ? Do you like it ?

like

Hi everyone! Is anyone from PWC or Grant Thornton willing to give a referral?

like

Referral Available for following
Comment or DM for details

Post Photo
like

What would be the best time to let my team know that we are closing down? It will happen next month, so I figured that in about a week or two should be good enough to give them a chance to start looking elsewhere.

like

I know I want to move to NY at some point in the near future, but am just trying to decide the right time. From a rent perspective, but also from the perspective it not being worth it when there are limited things to do. What are other people thinking?

like

Finally got my first role as a UX Designer! Extremely excited and wanted to thank everyone that helped me out with questions and input!

likeuplifting

think they’ll tell us today? double whammy with comp statements

like

I’m back for my final verdict: Audi Q5 vs Audi Q3 vs BMW X3? Can you rate this in order of preference please? Thanks!

like

I’d like to see Honda remake the S2000 to counter the Supra and the new Z, I think it could be a cool add. Pic below is what got my attention. What other discontinued cars do you all think would be worth a comeback?

Post Photo
like

Hi,

I am looking for a IT Recruiter role/ HR Generalist in MNC.
Experience as IT recruiter - 1.2 yrs
Mba in HR and marketing
NP - 90 days

like

Very surprise to see HCL is paying alot to laterals now compared to many other big MNC's?
Which is better to join HCL(client -ING) or OPTUM for a woman associate with 11 YOE looking for a work life balance and job security?

like

Any opportunity for a MD with Healthcare and Life Sciences Management Consulting & industry experience within this MS vertical? Majority of experience in business development and alliance management within precision medicine and real world data analytics working directly with pharma companies. Look forward to hearing back.

like
like

Hello guys, can anyone please suggest how can i bring down the tax in the given CTC.
P.S : All allowances which i am not claiming will add up to special allowance which is taxable. No gratuity or insurance premium will be deducted from this CTC

Post Photo
like

Hello! Anyone work at GE Healthcare?

like

Has there been any layoffs in paypal India. Does anyone have an idea about this?
Sae a few news articles online and it's worrying me.

like

Asking for my girlfriend. She has 3 years of experience doing service desk type work and really enjoys being in IT. But is unhappy with her current pay (under 55k). Does anyone have any IT role recommendations that would be a logical pivot for her to make that could lead to higher compensation? Or potentially IT support companies that pay more competitively?

Additional Posts in Law

Orally accepted a job offer that I’m excited about, but have another interview this week for a different job. I didn’t realize the first offer would come so quickly! Should I cancel the interview this week or go through with it? Small legal community- people talk.

like

Does anyone know the salary for a westlaw account executive? also a contact for a westlaw recruiter?

like

Hardest part of navigating maternity leave and WLB as a junior partner?

like

What is the scoop on med mal defense vs. plaintiff work? Is defense more respected by other practice areas if I were to switch somewhere else later?

I applied to a position that brands itself as civil litigation and apparently the role is med mal defense. Not sure what to go by but would like to do a little research before I call them back.

like

Advice Request: Started my career litigating. Switched to niche transactions (so about half and half at this point). Halfway through a year long sabbatical and reevaluating what I want to do (left before jumping to Senior associate). I’d like to get into litigation again in a practice group I don’t have experience in. Any suggestions on how to do this? How to approach firms and partners etc? Past 2 firms on my resume are top 30.

like

Has anyone taken  ACAMS Certified Global Sanctions Specialist (CGSS)? Any comments/ reviews? How has it enhanced your employability? Why did you take the CGSS?

like

Career Sabbatical?

Can anyone who has taken a career sabbatical to travel/explore other interests share their experience with both leaving their jobs and returning to the legal field?
I really want to live in Asia for a year at least before I have to settle down and start a family. I’m not getting younger but don’t want to be reckless with my career.

like

Has anyone been admitted to Massachusetts by transfer of UBE score? I submitted my application in July and took and passed the state law exam today. How long after this were you admitted? Thanks!

like

Confused why Wachtell qualifies as BigLaw when they have one (small) office

like

Considering becoming a consultant lawyer. Any advice/tips from someone who made that move?

like

Oil and gas attorneys what do you do?

like

I went through all the stages of interviewing with a firm then they chose not to fill the position. They said internal priorities changed. I saw about 5 months later they posted a similar position. Guess who has another interview!

like

Those who are voluntarily returning to the office — how often are you going and what days seem to work for you? Looking to slowly incorporate a few days here and there for change of scenery etc. — will add there is no pressure to do so (yet).

like

Rising 2L here…Just found out yesterday that one of my top target law firms is not participating in OCIs (they don’t have offices in my state). Any advice on the best way to move forward with them? Still planning to apply, just want to know what I should be doing. Thanks!

like

For associates who have lateraled in the last 6 months or so, what made you decide to move? Has your situation improved since moving? I’m a transactional mid-level & I’ve interviewed with some great firms recently. I’m struggling to get excited though…it just seems like no matter where I go I’ll be overworked & under appreciated. Hoping there are some positive stories out there to give me hope. Haha

like

How long is acceptable to ask to decide on an offer, especially when another place you really want to work at is moving a bit slower? I know this question has been asked before but I feel like 2022 has been its own beast in the legal market and would appreciate any advice. Thank you!

like

When lateraling to another defense firm, is it necessary to show billable hours at current firm?

like

Anyone know when Ch. 7 BKs must close by? Is this changed by when there are adversary proceedings (alleged fraudulent transfers made to a bank for CC payments)? Asking for my friend who is unfortunately involved bc of his parents, who are the debtors (he isn’t a defendant or a debtor in this, but the payments were made to a CC in his name—a CC he didnt know was opened in his name).

Its in Texas, and the initial BK filing was made about 23 months ago. TIA!

like

Big Law Dads: How much time do you usually take off when your wife has a baby? And do you actually get to take off, or do you just end up working from home half the time? My wife is due Mid-December, and I’m staffed on 4 M&A deals trying to close by year end, so it’s not looking promising.

likehelpful

Is there an appropriate way to turn down an assignment because it is non-billable? Two of the partners I work for keep asking me to write client bulletins and articles with them, which is great, but now I’m starting to worry about meeting my billable hours requirement.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal