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lateraling as a partner. how much should i ask

~3-5M / yr "book" partially contingent fee (in ...
gaped factory reset button circlehead
  08/14/18
0x4dd44Ecc1fA419ED796aa2832260a932F772a395
Laughsome fat ankles
  08/14/18
I only have $47 in my bank account. i am underpaid income p...
gaped factory reset button circlehead
  08/14/18
1-1.5 mil. Actually realistically probably 500-600k
chestnut dashing sanctuary antidepressant drug
  08/14/18
making <500 all in now. lateral is CR move right? my bu...
gaped factory reset button circlehead
  08/14/18
at my firm you'd prob get ~1 mill guaranteed for a couple ye...
offensive wine famous landscape painting
  08/14/18
lol. where do i sign up. business will materialize.
gaped factory reset button circlehead
  08/14/18
Fuck senior partner brought up moving today and suggested th...
gaped factory reset button circlehead
  08/16/18
Fucking boomers
chestnut dashing sanctuary antidepressant drug
  08/16/18
Ask for the return of your wasted years
magenta motley reading party trailer park
  08/16/18
800k-1m. top bracket for senior associates now is around ...
ivory goyim piazza
  08/16/18
Start your own firm pussy. Pay some associate $150K, cop a m...
fragrant telephone
  08/16/18
...
Salmon church
  08/16/18
Can not get the clients to buy into my own firm. Need an ai...
gaped factory reset button circlehead
  08/16/18
you need confidence
Salmon church
  08/16/18
It’s not about confidence. I do plaintiff side work and goi...
gaped factory reset button circlehead
  08/16/18
not if you start it yourself. it'd give the perception that ...
Salmon church
  08/16/18
The guy who had my job before me tried that. He is making 1...
gaped factory reset button circlehead
  08/16/18
is he happier? also, see my edit.
Salmon church
  08/16/18
I have been billing 3k hours/ year and that is with a team o...
gaped factory reset button circlehead
  08/16/18
How much are you making per year now with this book?
Duck-like office boistinker
  08/16/18
340 base. 150 bonus last year but the firm is in the shitte...
gaped factory reset button circlehead
  08/16/18
Well fuk, go anywhere else, you are getting fuked. The 70 a...
Duck-like office boistinker
  08/16/18
Base salary there is like 250. I have a rule about never go...
gaped factory reset button circlehead
  08/16/18
If this is the way you are thinking, your book isn’t real or...
Duck-like office boistinker
  08/16/18
The opportunity in question here is a firm that started 8 mo...
gaped factory reset button circlehead
  08/16/18
Ok, well if it’s real and portable you’ll have law firms lin...
Duck-like office boistinker
  08/16/18
I have conflicts list a mile long
gaped factory reset button circlehead
  08/16/18
Lol. This is awesome flame
Duck-like office boistinker
  08/16/18
I get why you might think this is flame. But I am a plainti...
gaped factory reset button circlehead
  08/16/18
fuck boomers
Salmon church
  08/16/18
? I’m 35
gaped factory reset button circlehead
  08/16/18
(fat faggot frog looking TTT grad whose TTT cokehead gf take...
Hairraiser Mahogany Shrine Digit Ratio
  08/16/18
...
Fighting Vibrant Jap Box Office
  08/16/18
How do you know?
fragrant telephone
  08/16/18
I have discussed this ad nauseum with my clients. Have also...
gaped factory reset button circlehead
  08/16/18
sounds like an opportunity to go into business with him as a...
Salmon church
  08/16/18
Come to my firm. We’ll let you keep 45% of what you bill an...
Duck-like office boistinker
  08/16/18
I have been offered 70 and 35 I want a 2 year guarantee i...
gaped factory reset button circlehead
  08/16/18
Good luck with that
Duck-like office boistinker
  08/16/18
is 70 / 35 gross or net overhead?
cheese-eating set
  08/16/18
(fat faggot frog looking TTT grad grinding out $7K/month w t...
Hairraiser Mahogany Shrine Digit Ratio
  08/16/18
You're doing plaintiffs work and think there is a difference...
Fighting Vibrant Jap Box Office
  08/16/18
I am not currently at a "plaintiffs firm" i am at ...
gaped factory reset button circlehead
  08/16/18
$1 mil guaranteed for 3 years with locked in share upside/ea...
Fighting Vibrant Jap Box Office
  08/16/18
1. How confident are you that your book goes with you? 2....
orange vigorous cuckold
  08/16/18


Poast new message in this thread



Reply Favorite

Date: August 14th, 2018 11:31 PM
Author: gaped factory reset button circlehead

~3-5M / yr "book"

partially contingent fee (in addition to above).

Could be much higher, could flounder at ~2M/yr.

how much should i ask for? guarantee?

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618632)



Reply Favorite

Date: August 14th, 2018 11:32 PM
Author: Laughsome fat ankles

0x4dd44Ecc1fA419ED796aa2832260a932F772a395

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618642)



Reply Favorite

Date: August 14th, 2018 11:34 PM
Author: gaped factory reset button circlehead

I only have $47 in my bank account. i am underpaid income partner looking to cash in. if i maek it ill throw u an eth.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618651)



Reply Favorite

Date: August 14th, 2018 11:36 PM
Author: chestnut dashing sanctuary antidepressant drug

1-1.5 mil. Actually realistically probably 500-600k

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618665)



Reply Favorite

Date: August 14th, 2018 11:37 PM
Author: gaped factory reset button circlehead

making <500 all in now. lateral is CR move right? my bus dev killed it the past 2 years.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618671)



Reply Favorite

Date: August 14th, 2018 11:38 PM
Author: offensive wine famous landscape painting

at my firm you'd prob get ~1 mill guaranteed for a couple years, no equity unless business materializes

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618679)



Reply Favorite

Date: August 14th, 2018 11:39 PM
Author: gaped factory reset button circlehead

lol. where do i sign up. business will materialize.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36618682)



Reply Favorite

Date: August 16th, 2018 12:44 AM
Author: gaped factory reset button circlehead

Fuck senior partner brought up moving today and suggested the place that is courting me. Ftge

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36624962)



Reply Favorite

Date: August 16th, 2018 5:20 AM
Author: chestnut dashing sanctuary antidepressant drug

Fucking boomers

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625405)



Reply Favorite

Date: August 16th, 2018 12:46 AM
Author: magenta motley reading party trailer park

Ask for the return of your wasted years

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36624974)



Reply Favorite

Date: August 16th, 2018 12:46 AM
Author: ivory goyim piazza

800k-1m.

top bracket for senior associates now is around 465k all in, you should get well above that as you have a book of business.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36624977)



Reply Favorite

Date: August 16th, 2018 12:50 AM
Author: fragrant telephone

Start your own firm pussy. Pay some associate $150K, cop a modest office to rent and bank $3MM

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36624995)



Reply Favorite

Date: August 16th, 2018 12:52 AM
Author: Salmon church



(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625000)



Reply Favorite

Date: August 16th, 2018 12:53 AM
Author: gaped factory reset button circlehead

Can not get the clients to buy into my own firm. Need an air of legitimacy

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625007)



Reply Favorite

Date: August 16th, 2018 12:54 AM
Author: Salmon church

you need confidence

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625009)



Reply Favorite

Date: August 16th, 2018 12:56 AM
Author: gaped factory reset button circlehead

It’s not about confidence. I do plaintiff side work and going to a smaller or no name firm would crush the perception that I have a big team and will fight to the death

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625014)



Reply Favorite

Date: August 16th, 2018 12:58 AM
Author: Salmon church

not if you start it yourself. it'd give the perception that you're legit & confident enough to maek it on your own.

also, the "big team" thing is flame. you should know this already. "big teams" mean "big dollars" because you're billing non-attorneys at ridiculous rates to get coffee and print documents. at least as a solo, you can look someone dead in the eyes and tell them it means that they will be talking to you directly & won't be dealing with secretaries and whatnot. unless the book of business you have is mostly boomers, they'd instantly realize this means the same quality of work for less money.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625018)



Reply Favorite

Date: August 16th, 2018 12:59 AM
Author: gaped factory reset button circlehead

The guy who had my job before me tried that. He is making 100k/yr. he is super confident

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625024)



Reply Favorite

Date: August 16th, 2018 1:02 AM
Author: Salmon church

is he happier? also, see my edit.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625028)



Reply Favorite

Date: August 16th, 2018 1:06 AM
Author: gaped factory reset button circlehead

I have been billing 3k hours/ year and that is with a team of 10 attorneys working for me.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625047)



Reply Favorite

Date: August 16th, 2018 1:09 AM
Author: Duck-like office boistinker

How much are you making per year now with this book?

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625059)



Reply Favorite

Date: August 16th, 2018 1:10 AM
Author: gaped factory reset button circlehead

340 base. 150 bonus last year but the firm is in the shitter overall and don’t know what I will get this year.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625066)



Reply Favorite

Date: August 16th, 2018 1:11 AM
Author: Duck-like office boistinker

Well fuk, go anywhere else, you are getting fuked. The 70 and 35 place sound great if your book is real and truly portable.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625076)



Reply Favorite

Date: August 16th, 2018 1:13 AM
Author: gaped factory reset button circlehead

Base salary there is like 250. I have a rule about never going down. And pie in the sky is not worth 100k guaranteed. At least not to me

Also with my current job boomer partner claims everything I do. He’s probably making 2.5M

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625080)



Reply Favorite

Date: August 16th, 2018 1:14 AM
Author: Duck-like office boistinker

If this is the way you are thinking, your book isn’t real or portable and you know it.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625087)



Reply Favorite

Date: August 16th, 2018 1:16 AM
Author: gaped factory reset button circlehead

The opportunity in question here is a firm that started 8 months ago. I don’t want to have to give them 12 months to pay me and chance it going under. I’d rather start my own place. They are only slightly more legit.

But you are right I am worried the funding won’t follow me to the new place and that after I leave the boss will make a push to take the cases at a discount and cut me out.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625096)



Reply Favorite

Date: August 16th, 2018 1:17 AM
Author: Duck-like office boistinker

Ok, well if it’s real and portable you’ll have law firms lining up to pay you

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625099)



Reply Favorite

Date: August 16th, 2018 1:18 AM
Author: gaped factory reset button circlehead

I have conflicts list a mile long

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625100)



Reply Favorite

Date: August 16th, 2018 1:20 AM
Author: Duck-like office boistinker

Lol. This is awesome flame

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625108)



Reply Favorite

Date: August 16th, 2018 8:42 AM
Author: gaped factory reset button circlehead

I get why you might think this is flame. But I am a plaintiff lawyer. I have 5 clients who have signed up with me, some of whom have repeat business, and the defendants across all the cases include virtually every big name company you can imagine, and a bunch of smaller names as well. There are almost no firms in the amlaw 100 that would either (1) want to take on the work due to current conflicts with these big name companies, and (2) would want to preclude themselves from ever taking work from these big name companies.



(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625660)



Reply Favorite

Date: August 16th, 2018 1:10 AM
Author: Salmon church

fuck boomers

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625064)



Reply Favorite

Date: August 16th, 2018 1:10 AM
Author: gaped factory reset button circlehead

? I’m 35

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625068)



Reply Favorite

Date: August 16th, 2018 12:57 AM
Author: Hairraiser Mahogany Shrine Digit Ratio

(fat faggot frog looking TTT grad whose TTT cokehead gf takes 5 dicks a week)

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625016)



Reply Favorite

Date: August 16th, 2018 5:26 AM
Author: Fighting Vibrant Jap Box Office



(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625406)



Reply Favorite

Date: August 16th, 2018 12:55 AM
Author: fragrant telephone

How do you know?

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625011)



Reply Favorite

Date: August 16th, 2018 12:58 AM
Author: gaped factory reset button circlehead

I have discussed this ad nauseum with my clients. Have also talked about doing this with the head partner of the practice group. He is scared to do it too for sake reason.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625021)



Reply Favorite

Date: August 16th, 2018 1:03 AM
Author: Salmon church

sounds like an opportunity to go into business with him as a partnership. now there's no problem.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625036)



Reply Favorite

Date: August 16th, 2018 12:59 AM
Author: Duck-like office boistinker

Come to my firm. We’ll let you keep 45% of what you bill and 25% of what you originate regardless of whether you do the work

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625022)



Reply Favorite

Date: August 16th, 2018 1:01 AM
Author: gaped factory reset button circlehead

I have been offered 70 and 35

I want a 2 year guarantee in the high 6 low 7 figure range. My job now is speculative “we’ll pay you if it all works out” bullshit. I want the money now

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625027)



Reply Favorite

Date: August 16th, 2018 1:05 AM
Author: Duck-like office boistinker

Good luck with that

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625042)



Reply Favorite

Date: August 16th, 2018 12:59 PM
Author: cheese-eating set

is 70 / 35 gross or net overhead?

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36626798)



Reply Favorite

Date: August 16th, 2018 12:56 AM
Author: Hairraiser Mahogany Shrine Digit Ratio

(fat faggot frog looking TTT grad grinding out $7K/month w ttt criminal defense work)

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625013)



Reply Favorite

Date: August 16th, 2018 5:27 AM
Author: Fighting Vibrant Jap Box Office

You're doing plaintiffs work and think there is a difference in legitimacy between your own firm and some other plaintiffs firm

What

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625407)



Reply Favorite

Date: August 16th, 2018 8:38 AM
Author: gaped factory reset button circlehead

I am not currently at a "plaintiffs firm" i am at an amlaw 200 firm. In my plaintiff field, the defendants will not settle if they think they can outspend the defendant. Also, when you are seeking hundreds of millions in damages, its tough to maintain credibility as a solo.

just the nature of the game.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625656)



Reply Favorite

Date: August 16th, 2018 8:57 AM
Author: Fighting Vibrant Jap Box Office

$1 mil guaranteed for 3 years with locked in share upside/earn-in for business origination milestones.

FWIW i went through a similar exercise when I was evaluating alternatives as a 6th year transactional associate representing a $750k book and got interest in the above structure as income partner at a fringe v100 with bonuses instead of shares starting at $600k, so I think you're in good shape. Never got to the point of the firm diligencing my purported book - some was originated, some were minor clients of rainmakers that I entirely managed - but I think they will want you to commit to a service partner role helping institutional clients of the firm to provide them some downside help if your originations don't deliver.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36625707)



Reply Favorite

Date: August 16th, 2018 1:07 PM
Author: orange vigorous cuckold

1. How confident are you that your book goes with you?

2. Ask for your name on the side of the building.

(http://www.autoadmit.com/thread.php?thread_id=4052271&forum_id=2#36626819)