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Stay at V5 firm or go with departing partner to smaller firm?

In currently at a firm where the work is somewhat stable but...
Transparent temple
  09/18/17
if he's not that busy he doesnt have that much work
infuriating prole business firm
  09/18/17
Yes this is true. He says he has lots of business but my fir...
Transparent temple
  09/18/17
yup, so then it becomes a question of how much you like your...
infuriating prole business firm
  09/18/17
I like it well enough but I don't think the firm does. Word ...
Transparent temple
  09/18/17
do you talk about these things with the partners/counsel the...
infuriating prole business firm
  09/18/17
Yes
Purple Pit Kitty
  09/18/17
YOU WILL GET IN EVERYWHERE YOU APPLY
razzle useless death wish
  09/18/17
...
arousing cheese-eating legend
  09/18/17
What year are you? Would the new firm be a better place to w...
boyish fighting ceo turdskin
  09/18/17
Don't know if would be better. I'm getting fairly senior now...
Purple Pit Kitty
  09/18/17
out the practice group
Diverse ratface
  09/18/17
GO
house-broken juggernaut famous landscape painting
  09/18/17
Where do you get most of your work from? If it's the guy wh...
Curious beta marketing idea
  09/18/17
He gives me maybe 5-10% of my work. But he also said he'd ma...
Purple Pit Kitty
  09/18/17
It's tough to tell from your facts whether the partner is le...
Curious beta marketing idea
  09/18/17
He's getting pushed out, no question.
Purple Pit Kitty
  09/18/17
And why would he want to follow a deadbeat partner
abnormal menage
  09/18/17
Why would the deadbeat partner be trying to bring OP along? ...
Curious beta marketing idea
  09/18/17
They are soulmates
abnormal menage
  09/18/17
It's not uncommon for a lateral partner to bring over an ass...
Tripping cuckoldry
  09/19/17
Is the money the same or would you be giving up a bonus or t...
Curious beta marketing idea
  09/18/17
Bonus would probably be a bit lower. I suppose the lower fir...
Purple Pit Kitty
  09/19/17
After thinking about it more, you should stay put
Curious beta marketing idea
  09/19/17
I think you should stay put. a) they don't seem to push...
Adventurous insanely creepy nursing home private investor
  09/19/17
I agree with these points. Plus, if the guy's practice take...
chartreuse factory reset button
  09/19/17
TY
Purple Pit Kitty
  09/19/17
Stay put. Why would you tag along with a partner with no wor...
Spectacular toaster round eye
  09/19/17
what prac area
Fragrant nowag reading party
  09/19/17


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Reply Favorite

Date: September 18th, 2017 6:58 PM
Author: Transparent temple

In currently at a firm where the work is somewhat stable but it is basically impossible to make partner. Though they do let you hang hang around as an of counsel for years and years as long as you're busy (and you have to hustle to stay busy). I'm in a niche practice area. There is a partner I my practice group who isn't that busy and is going to leave. Should I go with him to a smaller/lower ranked firm? I assume the partnership track would be better, but that there would also be a greater chance of totally running out of work and getting fired. Any advice?

I'd prefer to go in house in the long run, which I assume is easier from V5, but the in house options in my practice area suck (200k would be the best you could hope for, 170k is probably more realistic). So I am coming to realize I may be law firm or bust.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238490)



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Date: September 18th, 2017 6:59 PM
Author: infuriating prole business firm

if he's not that busy he doesnt have that much work

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238498)



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Date: September 18th, 2017 7:02 PM
Author: Transparent temple

Yes this is true. He says he has lots of business but my firm begs to differ. So going with him would require cozying up to the new firm's group pretty quickly.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238514)



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Date: September 18th, 2017 7:03 PM
Author: infuriating prole business firm

yup, so then it becomes a question of how much you like your current group

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238520)



Reply Favorite

Date: September 18th, 2017 7:05 PM
Author: Transparent temple

I like it well enough but I don't think the firm does. Word is that the firm's management is content to let us wither away and die. But the group is good in the short term at least.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238539)



Reply Favorite

Date: September 18th, 2017 7:13 PM
Author: infuriating prole business firm

do you talk about these things with the partners/counsel there?

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238592)



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Date: September 18th, 2017 8:08 PM
Author: Purple Pit Kitty

Yes

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238885)



Reply Favorite

Date: September 18th, 2017 7:00 PM
Author: razzle useless death wish

YOU WILL GET IN EVERYWHERE YOU APPLY

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238500)



Reply Favorite

Date: September 18th, 2017 7:03 PM
Author: arousing cheese-eating legend



(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238525)



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Date: September 18th, 2017 7:12 PM
Author: boyish fighting ceo turdskin

What year are you? Would the new firm be a better place to work? It doesn't sound like work is too rough at your current firm, and you probably aren't making partner at the new one anyway. Unless there's some other reason to leave that you didn't mention, I'd stay at the V5.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238584)



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Date: September 18th, 2017 8:22 PM
Author: Purple Pit Kitty

Don't know if would be better. I'm getting fairly senior now. I'm trying to think of how things will go over the next 5-10 years.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34238980)



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Date: September 18th, 2017 8:25 PM
Author: Diverse ratface

out the practice group

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34239005)



Reply Favorite

Date: September 18th, 2017 8:28 PM
Author: house-broken juggernaut famous landscape painting

GO

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34239022)



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Date: September 18th, 2017 8:52 PM
Author: Curious beta marketing idea

Where do you get most of your work from? If it's the guy who's leaving, think about it. If you're getting senior, you need to be able to answer that question

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34239243)



Reply Favorite

Date: September 18th, 2017 9:23 PM
Author: Purple Pit Kitty

He gives me maybe 5-10% of my work. But he also said he'd make a push for me to make partner at the firm he goes to... which is not the vibe I've been getting at my current firm.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34239502)



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Date: September 18th, 2017 10:01 PM
Author: Curious beta marketing idea

It's tough to tell from your facts whether the partner is leaving from a position of strength (bringing clients, getting a raise) or weakness (not busy enough, getting pushed out). But it's tough to make partner anywhere and it sounds like you'll have to hustle at the current firm or the new one. But it sounds like you like this guy and it would absolutely help to have a partner pulling for you. And as far as in-house, prestige of firm really doesn't matter: and you'll probably have more opportunities at the new firm just because your personal network will expand.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34239765)



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Date: September 18th, 2017 10:34 PM
Author: Purple Pit Kitty

He's getting pushed out, no question.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240050)



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Date: September 18th, 2017 10:40 PM
Author: abnormal menage

And why would he want to follow a deadbeat partner

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240095)



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Date: September 18th, 2017 10:44 PM
Author: Curious beta marketing idea

Why would the deadbeat partner be trying to bring OP along? That part doesn't make sense to me

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240137)



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Date: September 18th, 2017 11:17 PM
Author: abnormal menage

They are soulmates

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240371)



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Date: September 19th, 2017 2:09 PM
Author: Tripping cuckoldry

It's not uncommon for a lateral partner to bring over an assoc (or, rarer, a service partner) who they absolutely cannot support. Usually does not end well unless the subordinate is junior enough to really fit into other groups.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243664)



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Date: September 18th, 2017 10:44 PM
Author: Curious beta marketing idea

Is the money the same or would you be giving up a bonus or taking a paycut? I'd think about going with him, but OTOH if you're happy where you are, even if you get pushed out you'll probably get severance/notice at least. But at a certain level of seniority, it'll be tough to move to another firm (even a worse one) unless your practice area is booming or you have clients.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240131)



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Date: September 19th, 2017 12:58 PM
Author: Purple Pit Kitty

Bonus would probably be a bit lower. I suppose the lower firm might also have an up of out policy, which my current firm doesn't.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243164)



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Date: September 19th, 2017 2:09 PM
Author: Curious beta marketing idea

After thinking about it more, you should stay put

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243669)



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Date: September 19th, 2017 1:20 AM
Author: Adventurous insanely creepy nursing home private investor

I think you should stay put.

a) they don't seem to push out of counsels (which is a trend in BIGLAW nowadays)

b) you barely get work from that guy

c) small firms are less stable than big firms

d) you can make a lot more money (most likely) at current firm... so just sock it away in a rainy day fund.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34240820)



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Date: September 19th, 2017 11:32 AM
Author: chartreuse factory reset button

I agree with these points. Plus, if the guy's practice takes off at the new place he'd probably get the opportunity to join him over there later.

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34242500)



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Date: September 19th, 2017 12:57 PM
Author: Purple Pit Kitty

TY

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243160)



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Date: September 19th, 2017 1:00 PM
Author: Spectacular toaster round eye

Stay put. Why would you tag along with a partner with no work?

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243175)



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Date: September 19th, 2017 2:12 PM
Author: Fragrant nowag reading party

what prac area

(http://www.autoadmit.com/thread.php?thread_id=3735811&forum_id=2#34243695)