What’s the magic number for a portable book of business that actually gets firms excited? I’ve been a non-equity partner for three years and I’m starting to realize that the path to full equity at my current firm is essentially blocked by the founding partners. I have a solid book of business (around $800k), but I’m not sure if that’s enough to jump to another firm as a full partner. I don’t want to lateral just to be stuck in another non-equity waiting room for five more years.

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I think anything am law 75 through 150 would be excited to talk to you. Best fit would depend on rates.

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The only number every firm will be excited by is an insanely high one. There are definitely firms that would be eager for $800k, but they’ll be the ones with a typical EP book of less than that. The firms in your city and that offer your practice area (or that want to) with an average EP book around or less than yours are what you should be asking about.

That is solid but may not get every firm excited.

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