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avg. salary first year partner v10

avg. salary first year partner v10
Supple Umber Telephone
  03/07/10
you'll get paid in the sweat and broken dreams of all the as...
Lascivious cuck potus
  03/07/10
that sounds like $400k to me
Supple Umber Telephone
  03/07/10
seems paltry for 10+ years of throwing your life away
rusted step-uncle's house persian
  03/07/10
dont be so dramatic...working hard is not throwing it away
Supple Umber Telephone
  03/07/10
"working hard" is different from working at a v10 ...
Lascivious cuck potus
  03/07/10
working hard for 60-70 hr weeks and having no personal life ...
rusted step-uncle's house persian
  03/07/10
60-70 is really not that bad. you can easily have a perso...
Supple Umber Telephone
  03/07/10
only if that 60-70 hours is concentrated during normal worki...
Lascivious cuck potus
  03/07/10
I'd guess it is more than that at V10 firms, which tend to h...
Lascivious cuck potus
  03/07/10
Try closer to a 750 to a million (assuming you amortize the ...
Peach university crotch
  03/07/10
How much do you need to cough up for the buy in? Why even c...
concupiscible yapping rehab masturbator
  03/07/10
I believe the typical scheme is you buy in at the previous y...
Peach university crotch
  03/07/10
Probably varies a lot by firm and year to year.
drab floppy home
  03/07/10
that's it? pretty shitty.
Translucent curious abode elastic band
  03/07/10
V10 partner = $3 million per year
Up-to-no-good market
  03/07/10
"first year partner"
Lascivious cuck potus
  03/07/10


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Date: March 7th, 2010 5:58 PM
Author: Supple Umber Telephone
Subject: avg. salary first year partner v10

how much can i expect to make in 7 yrs?

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324357)



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Date: March 7th, 2010 6:05 PM
Author: Lascivious cuck potus

you'll get paid in the sweat and broken dreams of all the associates and lathamed associated that you and your fellow avaricious skinflint partners so callously destroy.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324399)



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Date: March 7th, 2010 6:09 PM
Author: Supple Umber Telephone

that sounds like $400k to me

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324434)



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Date: March 7th, 2010 6:10 PM
Author: rusted step-uncle's house persian

seems paltry for 10+ years of throwing your life away

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324442)



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Date: March 7th, 2010 6:11 PM
Author: Supple Umber Telephone

dont be so dramatic...working hard is not throwing it away

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324447)



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Date: March 7th, 2010 6:12 PM
Author: Lascivious cuck potus

"working hard" is different from working at a v10 firm.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324460)



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Date: March 7th, 2010 6:12 PM
Author: rusted step-uncle's house persian

working hard for 60-70 hr weeks and having no personal life is

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324461)



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Date: March 7th, 2010 8:59 PM
Author: Supple Umber Telephone

60-70 is really not that bad.

you can easily have a personal life doing 60-70

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14326318)



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Date: March 7th, 2010 9:16 PM
Author: Lascivious cuck potus

only if that 60-70 hours is concentrated during normal working hours, and is somewhat predictable.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14326558)



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Date: March 7th, 2010 6:12 PM
Author: Lascivious cuck potus

I'd guess it is more than that at V10 firms, which tend to have both very high PPP and relatively compressed lockstep partner compensation.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324459)



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Date: March 7th, 2010 6:23 PM
Author: Peach university crotch

Try closer to a 750 to a million (assuming you amortize the cost of the units over the entire partnership term).

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324546)



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Date: March 7th, 2010 9:17 PM
Author: concupiscible yapping rehab masturbator

How much do you need to cough up for the buy in? Why even consider that capital contribution a "cost" - you get it back when you retire/leave.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14326564)



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Date: March 7th, 2010 9:51 PM
Author: Peach university crotch

I believe the typical scheme is you buy in at the previous year's unit value (actually the profit-per-unit number, which is not really a true valuation).

And yes, you're right that a departing partner will have his units redeemed out by the firm (though I don't know if this is typically valued at the then-current profit-per-unit number or just the amount of the partner's capital account at that time, which would likely be far less). I included that caveat to avoid any smartass telling me that I was wrong because the first year partner has to put almost as much in for his initial units as he gets out the first year.

One thing I don't have a good handle on is how much of the firm's profits are actually distributed in a given year rather than held as capital reserves or investment into the next year.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14326966)



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Date: March 7th, 2010 10:01 PM
Author: drab floppy home

Probably varies a lot by firm and year to year.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14327090)



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Date: March 7th, 2010 6:39 PM
Author: Translucent curious abode elastic band

that's it? pretty shitty.

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14324688)



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Date: March 7th, 2010 9:18 PM
Author: Up-to-no-good market

V10 partner = $3 million per year

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14326579)



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Date: March 7th, 2010 10:08 PM
Author: Lascivious cuck potus

"first year partner"

(http://www.autoadmit.com/thread.php?thread_id=1243891&forum_id=2#14327205)