Would you rather...be a non-equity partner making 650k (3M+ PPP firm) or an equity partner making 400k (<1M PPP firm)?

(Bonus Q: or that one Jones Day associate who was sketchily making 800k)

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

Equity partner eight days out of seven. I’ll take fewer billable hours, more control over my own destiny, and the ability to quickly land on my feet if something goes wrong at the firm through no fault of my own over golden handcuffs.

like

I’m not advocating for that at all (see my ETA). I understand it’s incredibly rare to get equity right out the gate, especially in biglawl land.

For context: https://thecareerist.typepad.com/thecareerist/2018/06/whos-that-jones-day-associate-who-bagged-800000.html

like

I would choose whichever position gave me more control and autonomy over my practice and minimized demands from other lawyers outside my control.

Related Posts

Does anyone know the process of trying to get ACN to match an outside offer or give a retention bonus?

like

Please suggest

WLB is main. I know depends on project and manager. Please tell me probabilities.

Nagarro - 14Lpa hyderabad
Capgemini - 13Lpa hyderabad
Amdocs - 12Lpa pune

Which one is best

like

Any insight into what salary I should ask for an Associate role at JP Morgan?

like

@ceridian Anyone knows what is the average pay for a product manager in ceridian ( canada) and what is the wlb like ? Culture etc … i want to make sure it is a good move

like

I have a second interview next week for a senior occupational therapist position at Kaiser Permanente in the Bay Area. I asked the rehab supervisor who interviewed me what the salary was but she said she didn’t know and that was later down the line. Can anyone here give me a range of what I can expect/ negotiate for

like

Anyone interested in a referral bonus 😬? I’m looking to transfer to LA this upcoming May! DM me!

I have an opportunity to be a Food and Beverage manager for a hotel I have been for 6 years. Currently I am overseeing all operations but want to focus more on the F&B world. Would anyone know how much salary I should be asking for this role?

How do you find test subjects for your research project? What kind of incentives do you like to offer?

likesmarthelpful

Can anyone say in-hand salary?

Post Photo
like

Anyone know what comp and wlb are like at FAANG companies? Is the wlb worse than other industries?

like

What is the average salary in Maine for an Commercial Account Manager with over 20 years experience

like

Does anyone knows a company that is hiring. I've worked with health insurance for over 20 years. I am stagnated on my current job. The salary I am looking for is $48,000 or more. I live in greenville, sc

like
like

I am currently in sales and I hate it. Does anybody know of any good career paths I could pivot to that I could make a decent salary that is not sales?

likefunny

KPMG reached out to me earlier this week and I’m interviewing for a tax position tomorrow morning. JD working on CPA. Working for a regional firm right now making $79k. I like it, but the benefits aren’t great.

Would anyone working in tax at KPMG recommend making the switch? What do your hours look like? Are you satisfied with the benefits?

What is the salary range for the QA Mgr for the level 6 in Taiwan?

like

Hi, I am currently doing industrial PhD at Bosch in Germany. I applied for a Research Scientist position at Huawei Technologies research and development, London and is in the third round of interviews. The HR just asked me the salary expectations from my side. Any pointers on a decent salary range for this position at London?
Thanks in advance!

like
like

My friend is working in Microsoft as a project manager. Got an offer to join make my trip as a technical program manager. Current salary is 15l (base 11.5). Yoe 5+ years How much should he ask for? Microsoft MakeMyTrip

like

Anyone know what full-time remote project manager salaries are, for those who work in healthcare? How do you get into something like that? I’m currently in my mid 20’s and manage ambulatory medical clinics, after previously managing nursing homes, with my bachelors in healthcare Administration but am honestly getting burnt out in my current role.

like

More Posts

How many hours do you folks work a week? Are you burnt out or do you see yourself nearing burn out?

like

Got to find a project outside US. This GC thing is so slow.. Max out approaching.. Does anyone know which visa requirements for UK , Canada or Mexico?

like

What are some feasible exits to the investment industry? PE seems to be too hard. Currently at Strategy& Deals Strategy and will leave at the 3YOE mark

like

Question: does anyone know if the new hires starting in October in the Dallas market are actually starting at $60k?

like

Been struggling with my ADHD/depression more over the past few weeks than ever before. I am at a serious risk of losing my job for failure to meet billables and I can’t bring myself to fix the problem. I am normally an over achiever, but new to this job- so I don’t have a reputation to lean on here. I have not disclosed my conditions. Literally terrified and not sure how to pull myself out of this. Grateful for any advice or just to know others have made it through something similar.

like

I work in London. For a while I have been considering buying an apartment in the city. However with working from home I thought going out of London will give me better value for money. Does anyone have recommendations for good areas, with quick access to London, and young people around.

like

I just sent in my application for Accentures consultant development program. Is there anything I can do to make sure my application gets noticed? Does anyone know of any similar programs I can apply to?

like

I’m looking to purchase a Gucci bag but I can’t afford afford the full price. Any website/app recommendations on used luxury purses?

like

Recently joined PwC AC, I have been assigned to internal firm services. Anyone can you pls help in tier1, tier 2 and tier 3 which tier is considered highest ?

like

Anyone have good examples of personal pm website/portfolios and resumes?

like

Best pillow for side sleepers ?

like

Can anyone advise - if I did not file taxes for 2019 and 2020 is there a way I can file without receiving a penalty? I just didn’t file them no great reason. Nothing complicated and I probably owe a few hundred each year in fed taxes. Nothing crazy.

like

Is Autry a cool brand for white sneakers?

like

What is the PTO policy for WPP agencies? If Someone resigns with approved unused PTOs? Will they get paid? Also if they resign and PTOs would fall during their notice period would it be perceived as leaving on bad terms?

like

Trying to establish a resume entry for a supporting project manager role. The rope did not require the full PM scope such as financials, but did cover almost all else. I don’t want to oversell it, but would like to take credit.

like

Anybody have any insight on working in production in Philadelphia? Any creative shops, production companies or brands putting out great work?

like

Any IPS advisory folks here ?

Is it common for an entry level art direction role to also require I have experience in Video Editing/Production and Animation?

like

Wanted to share smth I found recently. I felt like it was pretty darn accurate. I’ll provide the link here but there’s a screenshot I took that I feel I can relate to quite heavily. https://pairedlife.com/love/infatuations

I’ve struggled with so many heavy infatuations before and a friend recommended this. Hope it helps anyone else out there who’s gone through this or may be going through this right now.

Post Photo
like

Looking to ask for a transfer to USI from US in 2 months. Anyone gone through this and willing to share their experience ?

Additional Posts in Big Law

What do you spend on your assistant's Christmas gift?

like

Everytime I work on the weekend I get into some sort of fight with my spouse. Anyone else get annoyed when their spouse constantly asks you when you’ll be done working, or asks how much longer you have to work. It annoys the hell out of me. I don’t want be working on a Sunday anymore than my spouse wants me to be working. But I have to. I don’t need reminded that I am disappointing my family in addition to working on the weekend. Am I alone in thinking this? Am I wrong to get so annoyed?

like

Do you input your time for those days when you don’t do anything? For ex to admin?

like

I’m a junior M&A attorney who doesn’t have a background in business/finance. Any book recommendations for someone to learn more about some key concepts like NWC, financial statements, disclosure schedules, or the deal process in general?

like

What is a warrant exchange transaction and how does it differ from the average share purchase transactions when scoping DD? Any practical implications?

likefunny

Hate research assignments with no answers 😭😭

like

Any good resume resources? Updating mine just so I have it if needed but not sure if I should put pre-law school work. I worked for 2 years before switching careers

like

(1) What firm allows mega back door Roth 401k? (2) which firm matches 401k contribution and up to what %?

like

What’s the best way to switch into private equity (VP/Associate GC) from big law and what is the expected salary/career trajectory in this role?

like

Anybody have information on Barnes & Thornburg’s salary information in Atlanta?

like

Any leads for good contract doc review attorneys/companies? Working on a complex internal investigation that requires analysis far beyond simple responsiveness coding and getting quotes that outsource to India for a fraction of the cost of reviewing in house is actually not what I’m looking for. Saving money is a consideration but primary driver is dedicated/consistent time commitment. Team is stretched too thin to make it through the volume.

like

Big law associate, considering asking for some sort of leave of absence for mental health reasons. I’m not sure if it’s burnout or just depression, but it’s bad. I have a therapist, I’m sure they’d write a note or something if necessary. I’m just concerned about how this would look / backlash…

like

Started at a new big law firm almost five months ago. Had to ask the partner I report to for more work today for the first time since I started. I feel like a failure. Is this a normal scenario?

New firm. Integration is running smoothly. Want to build relationships with upper ranks who don’t staff me directly. Recommended strategies?

So, I'm happy at my current job and have been there about 18 months. Our pay is probably 15% below market (AmLaw 100) but so are our billable requirements. An interview for another firm kind of fell into my lap, and I'm debating whether to take it just for the sake of seeing what market really is. Is there something shady about interviewing somewhere you're not totally committed to accepting an offer from?

like

Hi! I’m a junior associate at a big law firm in NYC, and I’m considering a move to Dallas. I’m 28 and single, originally from Texas but have lived in the northeast/midwest since graduating from high school. Has anyone else made a similar move to the south? Thoughts on living in the Uptown area?

like

I know that it likely “depends” and varies from firm to firm but does anyone have any insight on (or experience with) whether firms rely on “total billable hours” or “total billable hours credit” to determine whether hours have been met/bonus applies?

like

I don't know who needs to hear this, but I have a few former classmates and colleagues sweating over lateral interviews. Take a deep breath and relax.

First, doing these interviews does not define you as a person.

Second, take it one day at a time; if they are moving forward, they see something in you.

Third, remember that the people interviewing you are human beings. Connect with them, be personable.

like

Should I leave my 400k total comp in-house job (10 YOE) to make 550k at a biglaw firm as Counsel/Senior Associate with potential for partner track?

like

What does cap markets involve exactly?

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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