I lateraled from big law to mid/regional law a few years ago and made partner (non-equity) this last year. Now my entire group is considering leaving to join a big law firm in order to "get more resources". Most of this group is home grown and hasn't experienced big law before. I tried to warn everyone but they are being lured by 2 year salary guarantees. I don't want to go but they are basically taking all the clients with them. The worst part is that the big law firm is a comp black box.

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

Oof. I hope it's not Jones Day. Big yikes.

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On the bright side, if your partners havent experienced biglaw before, you could end up the sole survivor and inheritor of the dominion when the rude awakening comes to them

likefunnyuplifting

Does the new firm have an office in your city? Or would your group be the office?

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Go, work it for a year, then go wherever you want.

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Do you have a portable book of your own? That opens more options for you that I would explore now.

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How do your rates line up? Is there a way to use the higher rates at the big law firm as a tool to convince some clients to stay with you?

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Is it GT

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If they have a good book that type of move could benefit you senior partners. There will me more of you to service their work.

If you aren’t happy with the comp you are being offered you should do a market check. You could still leave after joining the new firm though read any contracts you sign as part of the move carefully. In the chaos of the move you might be able to snag a couple of the clients yourself with whom you’ve worked with while moving to another regional / mid sized firm. Though you will need to get out of servicing mindset and more into a business sales mindset.

Keep your cards close to your chest though in this dynamic so you don’t get shanked. You may want to stop complaining loudly about it if your influence to stop this deal is exhausted and do what you need to do for yourself on the side. You don’t want to be seen as a flight risk.

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Take the salary guarantee and use that time to find another job while half assing it?

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