I'm a senior associate at an AmLaw 100 firm being considered for an non-equity partner position at another AmLaw 100 firm which is a bit further down the pole. There is a business development expection to eventually convert to equity; the expectation at the start is to assist with existing work. Jumping essentially let's me short track the road to partner. I'm unsure about the opportunity, which is essentially me starting over. Any wisdom on this situation? Thanks!

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

What’s the prospect at the current firm like?

like

Assume I will get there. Saving 3 years or perhaps more.

Every AmLaw 100 firm that has a dual partnership structure (and almost all do now) will have the same deal for you. Associates first go into non-equity, which is a huge hurdle/accomplishment for those who make it. You generally need skill, timing, luck, and the potential to become an equity partner. You only move into equity if you later generate your own business (exceptions can apply to specialty service partners in high demand). Some firms will allow you to remain a non-equity partner forever, while others employ an up or out culture. If you have substantial doubts about whether you will be able to make partner at your current firm, I would seriously consider taking the opportunity given to you.

like

The ugly truth is that they don’t know what’s going to happen to you in three years. Partnership decisions are made annually, and are hard enough to predict for that year’s candidates.

What's the need from the new firm? Do they have a partner looking at retirement that can hand off a bunch of clients?

The role is largely to help service an existing book of a heavy hitting partner(s). Unclear how many years left on the bus that partner has.

like

Related Posts

like
like

Hi folks, I noticed Mastercard is actively hiring for Analytics role. Really appreciate if someone can refer me for that role? Thanks!

like

Hi guys! I had an interview last Saturday with the CEO for an EA role (that was the 3rd interview). The company rushed the process for me because they knew I had another offer. The first 2 interviews went extremely well that’s why they rushed & asked the ceo to interview me on a Sat. morning. Huge common point: The CEO and I are both French. The interview went kinda weird… it was less than 15min. Looked distracted/ not prepared. When I asked him questions he barely elaborated. Comments⬇️

like

Anyone with 2-4 years post undergrad experience looking for a new role in Boston? Series A e-com startup, you would be a very early employee. Looking for a strong project mgmt skillset.

like

EY TAS still hiring? 5 years In Deloitte Cyber specializing in ITRM work. Interested in due diligence.

like

I have an interview for a LTC/Rehab Nurse Manager, Infection Preventionist position next week. My base salary is $40/hour as a charge nurse. With overtime I’ll be finishing the year about $15000 above my base pay. I have questions: first, I know I’ll be putting in at least the same number of hours I’m current working (50+/wk). How do I leverage that to avoid a pay cut. Also, any tips from people in this position?

like

Amazon recruiters. I have a question for you and my DMs are open. I got a referral and am definitely qualified for this position but I went into the portal to check my candidacy for this position i was referred to yesterday and i’m already “no longer under consideration “. How is this possible?Amazon AWS Amazon

like

A question for the more mature sales professionals - Has anyone here taken a significant amount of time (20+ years) off, or spent it in a different type of role altogether, and then tried to come back into sales? Is it like riding a bicycle, or has it changed so much that you’d have to essentially relearn what you’re doing?

like

Those who want to get refer in Accenture for SAP, java, angular and ASP. Net openings please share resume to

share.your.resume2@gmail.com

Note : Experience should be 2.5 years in an IT industry.

Share this post...may be in your contact, someone desperately need it.

like

Hi Fishes, any one working with BDO RISE, can comment that when are the offices opening and the people who are outside the base location when are they asked to join back to office?

like

Has anyone successfully managed to move from a niche in-house practice to a more generalist role? If so, can you provide any helpful tips to transition? I have started down a specialty that I fear will limit my mobility in the future and am looking for tips on how to not be pigeon-holed.

like
like

Hi Everyone,

I am currently looking for a role as an Human Resources Professional in an great organization that is making positive changes in communities driven with great purpose where I can call home ☺️ located in Vancouver

I am looking for an organization where I can continue to grow develop and have a positive impact on an organization!!!

Post Photo
like

Hi all,

I recently joined Infosys, in this month itself.
They are offering me an analytical role for comcast.

Can anyone here give me an idea about data science or analytical roles in Infosys?
Should I search for some other project or comcast is fine?

Please if anyone can answer this.

like

Seeing a good role at Meta, anybody willing to put in a referral? I feel sort of silly trying to apply considering recent news, but role aligns to my background and passion.

like

Hi Everyone,

I am a Petroleum Engineer with 3 years of experience in Oil and Gas EPC projects as an HSE/Process Engineer and currently working as a consultant at EY. I am looking for new opportunities to shift my home location due to personal reasons.

It would be really helpful if anyone could refer me to any openings at shell.

Thank you in advance.

like

Hello guys,

I am currently going through interview process for staffing associate in Publicis sapient. It would be a contracter role 6 months and later it will get converted based on my performance.

Is there anyone worked as contractor and converted to full time employee.

Could you please let me know how much is the chances is there to get converted.

like

Any firms hiring junior lit associates currently? I am more than ready to get out of my clerkship now.

like

Hi All,

Had an interview for a Business Ops Associate role today and asked what the next steps were and told it would be a slack interview after doing an automation in Zapier test. I was told I'd have time to do the case when I said I never used Zapier before. Then suddenly they have a sudden rush to hire and email me at 11 pm their time asking in the morning to have the test completed and an interview later in the day followed by final interview Wed?

Any idea whats going on here?

like

More Posts

Best companies/startups local to San Diego/LA for exiting consulting?

Anyone who has been certified with AZ-204, how much time(days) does it take to prepare for certification exam? And any suggestions on study material and prep for the exam will be greatly appreciated!!

like

What are the biggests costs involved in starting a veterinary office?

like

Ergonomic home-office chair recommendations?

like

New to the firm and will be traveling weekly from NYC-the west coast. Trying to decide btwn Delta, JetBlue or American to build up points/status (don’t have status on any). Thoughts on who to go with?

like

Anyone here from McKinsey Implementation? Know it's not as prestigious as other groups at McK. Comparing it to a Big4 implementation role & trying to figure out if it's worth pursuing. Thoughts?

like

Which area makes sense for a professional in their mid 30s, single and looking for a walkable neighborhood, safe, fun and on the west side of LA? Thanks!

like

I’m heading into a Pre Trial conference next week and the GAL has yet to finish their report. OC has suggested that the GAL be available to testify without a completed report. Does anyone have experience with a GAL testifying at a PTC without a completed report?

like

You guys are such a helpful and open bunch, I’d love some insight from this bowl...

So I very recently turned 30 and I’ve spent the past 8 years working in various marketing jobs. I’m currently a “Marketing copywriter” at a big Financial Services brand. The pay is great, benefits are good, but Im BORED out of my mind. And I’ve been feeling this way for a while...I switched companies two years ago and then to a diff role a year into this current company. (Continued in comments...)

like

How much base should I ask for when jumping from big four to mid tier public firm as first year audit manager at MCOL?

like

I’m looking to start freelancing in NYC, could somebody help me out with a couple suggestions of good recruiters to reach out to? Thanks in advance!

Anyone have people who work for clients who are either young or inexperienced and treat you as outside counsel like you’re their bitch...except 90% of the time they have no clue what they are doing?

like

Hi all,

What type of questions can I expect for SQL and BI Data Analytics profile?
Please help.

Was in Paris last week and picked up some wine at La Grande Epicerie. I don’t know much about wine, and got a 2015 Chateau Margaux for ~89 euro. Wasn’t until I got home and looked online that these sell for $1500 in the states! Crazy. Hope it’s good!

Post Photo
likeupliftingsmart

Hello All, I got offer from Iqvia as data engineer. In offer letter its mentioned as IMS research Analytics division. Help me in knowing more about this?

like

Just found out I’m pregnant. I’ve accepted a higher paying job, but haven’t given notice at my current job yet. 40k more a year, but new benefits wouldn’t be as good, and leave is basically non-existent at the new job. Stay or go?

like

Considering moving to Northern suburbs of Dallas. Frisco was the first preference but it seems like it’s very pricy out there. Is it worth to pay this hike? How are Celina,prosper, Wylie in comparison to Frisco.

Good school district matter to me.

TIA

like

Does anyone know how much Senior Associates for KPMG make in FDD?

like

Anyone applying to HBS R1?

like

Ready to pull the plug - I think I want to try being a recruiter. I’d love to hear others’ experiences transitioning and how you like it now. Also if you’re able to make similar to your big law pay (junior associate level). You always see people saying they are doing crazy well, but I have to imagine that’s not everyone. Any pitfalls to watch for? Advice on finding such a job and picking a good recruiting firm?

like

Additional Posts in New York Big Law

Can you make the switch to another company’s legal team if you have been working in house but on an employee relations team? Almost Everyone on the ER team is an attorney and it’s more legal than HR based.

like

Do we really think test optional is going to take off with the ABA decision? Looks like a lot of the deans are opposed and I imagine they'd be making the decisions here

funny

Can people share the general reputation of some key biglaw firms in NY? Especially those that don’t really make the posts here?

like

What is your definition of “underwater”? As in number of hours

like

Any firms hiring junior lit associates currently? I am more than ready to get out of my clerkship now.

like

Any recommendations for apps for reviewing SEC filings?

like

Has anyone seen comp increases for admin and support staff in biglaw? Attorneys have enjoyed *multiple* bumps in the last few months, while staff seem to be left out.

The line between "us" and "them" grows thicker, and it just doesn't feel right.

like

Any intel on WilmerHale's NYC office?

like

What is your firm’s trading policy? My firm (V30) has a restricted list, 6 month holding period for equities, and prohibits buying options on single names.

like

Australian big 6 (biglaw equiv) associate keen to lateral to US biglaw (NY, Boston, Chicago, SF, etc) in corporate or projects. Anyone got any tips / want a referral bonus?

like

Any tips for a Canadian who wants to practice in NYC one day? I’m about to start 3L, but have spent the summer/will be articling in tech transactions/general corporate. Would love to hear other Canadians’ stories.

like

It looks like some AM100 firms are starting to furlough/lay off slower associates, have you heard anything at your firm? Any rumors?

like

I am a third year associate at a sophisticated mid-sized firm in Miami. Recently sworn in to New York. Any recommendations on how to stand out to NY Big Law firms? I get a lot of interest locally but hard to even get a call back from NYC.

like

Aren’t associate and counsel comp cuts just socialism at the end of the day?

like

Best NYC (internal) closing dinner restaurants? I’m kinda new to the city and have been put in charge of picking the restaurant so want to make sure we go somewhere good. Not sure about budget but assuming $150pp is safe.

likehelpful

How soon should you follow up on an assignment if you have not heard anything back and what’s a good way to write it in an email without sounding annoying?

like

first year in lit and keep getting assigned to IP cases that I have zero interest in, mostly because I guess I have a pseudo stem background? How do I get out of this, would a reasonable response be "if the glove don't fit you're full of shit" ?

like
like