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)

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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.

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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

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

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