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In-house $550k Deputy GC vs. v30 non-equity partner $900k

34, 2 kids, wife works and makes $400k.
Startled Slippery Stag Film Volcanic Crater
  05/22/18
Deputy GC and not even close.
Elite Beady-eyed Generalized Bond
  05/22/18
...
Idiotic address
  05/23/18
...
vibrant regret state
  05/23/18
Your kids will be happy to pay the difference to have you in...
Floppy candlestick maker
  05/22/18
Not necessarily. More introverted types who are well-balance...
Elite Beady-eyed Generalized Bond
  05/22/18
jfc what
Startled Slippery Stag Film Volcanic Crater
  05/23/18
...
Self-absorbed cracking bbw wrinkle
  05/23/18
...
Razzmatazz Whorehouse Mexican
  05/23/18
...
Startled Slippery Stag Film Volcanic Crater
  05/24/18
...
rose filthy meetinghouse pocket flask
  05/30/18
I just can't imagine there's really that much of a lifestyle...
chestnut hyperactive degenerate
  05/23/18
there isn't especially when you are being taxed to hell anyw...
Floppy candlestick maker
  05/23/18
Lmfao
learning disabled well-lubricated office ratface
  05/22/18
hours per week estimate?
Chrome digit ratio
  05/23/18
50 and 70
Startled Slippery Stag Film Volcanic Crater
  05/23/18
50 and never second guess it. 900k/year is plenty. the ext...
Chrome digit ratio
  05/23/18
The thing people don't realize is that the more you work the...
Razzmatazz Whorehouse Mexican
  05/23/18
I do 50 now and have done 70 before. 50 is normal work sche...
Razzmatazz Whorehouse Mexican
  05/23/18
...
Crusty space gunner
  05/23/18
...
Chrome digit ratio
  05/23/18
youre insane to not take the 50
Self-absorbed cracking bbw wrinkle
  05/23/18
lol is this srs? i wouldn't do 70 hours a week for 1MM f...
Nubile Frozen Forum
  06/02/18
just do make almost $1m as a non-equity partner at white &am...
lavender step-uncle's house toilet seat
  05/23/18
"Non-equity" you know how the false one tier syste...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
V30, easily
overrated area kitty cat
  05/23/18
Answer depends on how much longer you want to work and wheth...
Light mildly autistic den
  05/23/18
DGC without blinking.
Razzmatazz Whorehouse Mexican
  05/23/18
v30 without blinking
Ultramarine godawful lay
  05/23/18
pull the trigger
mint turdskin
  05/23/18
A DGC gig with that pay is basically the dream.
Razzmatazz Whorehouse Mexican
  05/23/18
and is the first candidate to get shitcanned when things hit...
Ultramarine godawful lay
  05/23/18
whatever, you can easily cop another role once youre in the ...
Self-absorbed cracking bbw wrinkle
  05/23/18
Will have 6 AGCs and paralegals working under DGC, large leg...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
Depends. E.g. head of litigation has a ton of job security ...
Light mildly autistic den
  05/23/18
I know several people fitting this description that have don...
Razzmatazz Whorehouse Mexican
  05/23/18
On average way more job security for a 550k DGC than for a r...
Light mildly autistic den
  05/23/18
Without a doubt.
Razzmatazz Whorehouse Mexican
  05/23/18
...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
Cr
vibrant regret state
  05/23/18
Agreed. Not even close.
Emerald dead yarmulke field
  05/23/18
I know a PI attorney who rolls in the office about twice a m...
mint turdskin
  05/23/18
we all know CSLG, dude
chestnut hyperactive degenerate
  05/23/18
...
Self-absorbed cracking bbw wrinkle
  05/23/18
nah CSLG is at it 24 hours a day 7 days a week. He probably ...
mint turdskin
  05/23/18
...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
Flame thread I assume. There is a v30 that pays their non e...
Slate adventurous property
  05/23/18
Yah all the big NY based PE facing firms do this. There is n...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
I know a handful of non equity in those types of firms but n...
Slate adventurous property
  05/23/18
K&e non-equity is true fraud lies. This applies for jun...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
you are notionally equity at these places even if your comp ...
Awkward elastic band
  05/23/18
Well I know nothing about comp at those firms, so it that’s ...
Slate adventurous property
  05/23/18
At K&E non-equity billing 2800 hours. Holding both offer...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
...
Startled Slippery Stag Film Volcanic Crater
  05/25/18
...
Startled Slippery Stag Film Volcanic Crater
  06/02/18
...
Startled Slippery Stag Film Volcanic Crater
  07/13/18
obviously the deputy GC. lol at working past 5
aphrodisiac saffron halford
  05/23/18
Lol
Stirring National
  05/23/18
...
Cerise arrogant hospital
  05/23/18
i haven't heard of any non-equity partners making around $1 ...
Vermilion reading party tattoo
  05/23/18
Deputy GC duh. When the partnership’s taxes are accounted fo...
Massive Iridescent Newt Ticket Booth
  05/23/18
partnership's taxes? non-equity.
Vermilion reading party tattoo
  05/23/18
Oh I missed that. Still go DGC because you have zero job se...
Massive Iridescent Newt Ticket Booth
  05/23/18
Lmao crrr calling it a grade a bitch job
learning disabled well-lubricated office ratface
  05/23/18
Wouldn't a lot of V30 firms not even pay 900k for that?
Stubborn fragrant jewess
  05/23/18
How much business would you be required to generate in the n...
Massive Iridescent Newt Ticket Booth
  05/23/18
Oh would manage large institutional clients. Company is F10...
Startled Slippery Stag Film Volcanic Crater
  05/23/18
F100 all the way. The arrangement at the V30 is likely te...
Spectacular chartreuse stead useless brakes
  05/23/18
not V-50 biglaw but there are plenty of firms where originat...
Vermilion reading party tattoo
  05/23/18
Making over $1 million while originating $0 of business?
Spectacular chartreuse stead useless brakes
  05/23/18
no that's basically impossible. But you can originate s...
Vermilion reading party tattoo
  05/23/18
So all the spoils without any of th risk or obligations? Sou...
learning disabled well-lubricated office ratface
  05/23/18
you dont get to vote to protect yourself or the people on yo...
Vermilion reading party tattoo
  05/23/18
how much is your vote even fucking worth in a 500 person law...
chestnut hyperactive degenerate
  05/23/18
How dumb are you? None of the upside if you work a ton/bring...
Massive Iridescent Newt Ticket Booth
  05/30/18
IIRC, Earl gets a portion of what he brings in.
Razzmatazz Whorehouse Mexican
  06/01/18
after taxes, the extra $350K won't turn out to be very much....
pink antidepressant drug
  05/23/18
really depends on what the deputy GC position is like at ...
Amethyst Theatre
  05/23/18
I seriously find this hard to believe.
Razzmatazz Whorehouse Mexican
  05/25/18
...
Startled Slippery Stag Film Volcanic Crater
  05/30/18
...
rose filthy meetinghouse pocket flask
  05/30/18


Poast new message in this thread



Reply Favorite

Date: May 22nd, 2018 9:41 PM
Author: Startled Slippery Stag Film Volcanic Crater

34, 2 kids, wife works and makes $400k.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36108394)



Reply Favorite

Date: May 22nd, 2018 9:45 PM
Author: Elite Beady-eyed Generalized Bond

Deputy GC and not even close.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36108437)



Reply Favorite

Date: May 23rd, 2018 3:19 PM
Author: Idiotic address



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113123)



Reply Favorite

Date: May 23rd, 2018 6:25 PM
Author: vibrant regret state



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114388)



Reply Favorite

Date: May 22nd, 2018 9:54 PM
Author: Floppy candlestick maker

Your kids will be happy to pay the difference to have you in their lives



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36108496)



Reply Favorite

Date: May 22nd, 2018 9:55 PM
Author: Elite Beady-eyed Generalized Bond

Not necessarily. More introverted types who are well-balanced don't give a fuck if their father is around or not. If your kids are neurotic whiney faggots, they may need you around a lot.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36108503)



Reply Favorite

Date: May 23rd, 2018 8:24 AM
Author: Startled Slippery Stag Film Volcanic Crater

jfc what

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110436)



Reply Favorite

Date: May 23rd, 2018 8:24 AM
Author: Self-absorbed cracking bbw wrinkle



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110441)



Reply Favorite

Date: May 23rd, 2018 9:56 AM
Author: Razzmatazz Whorehouse Mexican



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110799)



Reply Favorite

Date: May 24th, 2018 10:18 AM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36117978)



Reply Favorite

Date: May 30th, 2018 2:15 PM
Author: rose filthy meetinghouse pocket flask



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36152536)



Reply Favorite

Date: May 23rd, 2018 10:06 AM
Author: chestnut hyperactive degenerate

I just can't imagine there's really that much of a lifestyle difference between $1m/year and $1.5m/year

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110849)



Reply Favorite

Date: May 23rd, 2018 3:51 PM
Author: Floppy candlestick maker

there isn't especially when you are being taxed to hell anyway

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113359)



Reply Favorite

Date: May 22nd, 2018 9:56 PM
Author: learning disabled well-lubricated office ratface

Lmfao

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36108516)



Reply Favorite

Date: May 23rd, 2018 8:25 AM
Author: Chrome digit ratio

hours per week estimate?

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110446)



Reply Favorite

Date: May 23rd, 2018 9:30 AM
Author: Startled Slippery Stag Film Volcanic Crater

50 and 70

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110676)



Reply Favorite

Date: May 23rd, 2018 9:42 AM
Author: Chrome digit ratio

50 and never second guess it. 900k/year is plenty. the extra 20 hours and stress for another 500 or so isn't worth it.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110726)



Reply Favorite

Date: May 23rd, 2018 4:17 PM
Author: Razzmatazz Whorehouse Mexican

The thing people don't realize is that the more you work the worse every hour is because you have a certain number of hours in your week that have to go to stuff like sleeping, eating, shitting, bathing, commuting, dealing with bills/home stuff, etc. Generously, if you think of your 50 hours a week in terms of "free time" you should figure that you'll be home by 7pm and be able to generally relax until 11pm, and on weekends you'll get everything except maybe 4-5 hours. Now subtract 20 hours from that. If you take 2 hours per day during the week you still need to find another 10 hours over the weekend (in addition to the 4-5 hours you're already doing). In other words, you have killed the majority of your free time and now have almost none left. I'm not even factoring in shit like exercising, children, spouse time, etc.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113533)



Reply Favorite

Date: May 23rd, 2018 9:50 AM
Author: Razzmatazz Whorehouse Mexican

I do 50 now and have done 70 before. 50 is normal work schedule + occasional emails in evenings and some weekend work. 70 means you're basically doing nothing but working.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110769)



Reply Favorite

Date: May 23rd, 2018 10:14 AM
Author: Crusty space gunner



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110882)



Reply Favorite

Date: May 23rd, 2018 10:18 AM
Author: Chrome digit ratio



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110916)



Reply Favorite

Date: May 23rd, 2018 9:57 AM
Author: Self-absorbed cracking bbw wrinkle

youre insane to not take the 50

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110807)



Reply Favorite

Date: June 2nd, 2018 8:12 AM
Author: Nubile Frozen Forum

lol is this srs?

i wouldn't do 70 hours a week for 1MM for more than one year

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36170218)



Reply Favorite

Date: May 23rd, 2018 8:27 AM
Author: lavender step-uncle's house toilet seat

just do make almost $1m as a non-equity partner at white & case lol

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110462)



Reply Favorite

Date: May 23rd, 2018 9:30 AM
Author: Startled Slippery Stag Film Volcanic Crater

"Non-equity" you know how the false one tier systems work

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110674)



Reply Favorite

Date: May 23rd, 2018 8:31 AM
Author: overrated area kitty cat

V30, easily

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110487)



Reply Favorite

Date: May 23rd, 2018 9:48 AM
Author: Light mildly autistic den

Answer depends on how much longer you want to work and whether you want to be a GC one day. Also, relatedly, depends on how old your kids are. If your goal is to retire early then v30. If you expect to work for 10+ years and potentially either get promoted or have another job after the deputy GC job then probably the DGC job unless it’s at a shit company that won’t help your resume. The other factor is how much of a book you have at the v30 and what practice area, i.e. what are the prospects to grow the 900k to a lot more if you do plan to work for a while longer (7+ more years).

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110753)



Reply Favorite

Date: May 23rd, 2018 9:49 AM
Author: Razzmatazz Whorehouse Mexican

DGC without blinking.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110760)



Reply Favorite

Date: May 23rd, 2018 9:50 AM
Author: Ultramarine godawful lay

v30 without blinking

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110770)



Reply Favorite

Date: May 23rd, 2018 9:51 AM
Author: mint turdskin

pull the trigger

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110777)



Reply Favorite

Date: May 23rd, 2018 9:55 AM
Author: Razzmatazz Whorehouse Mexican

A DGC gig with that pay is basically the dream.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110794)



Reply Favorite

Date: May 23rd, 2018 9:57 AM
Author: Ultramarine godawful lay

and is the first candidate to get shitcanned when things hit a downturn or there's an acquisition. you have zero job security unless you shed the deputy off your title

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110803)



Reply Favorite

Date: May 23rd, 2018 9:58 AM
Author: Self-absorbed cracking bbw wrinkle

whatever, you can easily cop another role once youre in the game

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110808)



Reply Favorite

Date: May 23rd, 2018 10:01 AM
Author: Startled Slippery Stag Film Volcanic Crater

Will have 6 AGCs and paralegals working under DGC, large legal department

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110822)



Reply Favorite

Date: May 23rd, 2018 10:02 AM
Author: Light mildly autistic den

Depends. E.g. head of litigation has a ton of job security at the start of a downturn. Probably also safe is the lead lawyer over ops/procurement who will have to help paper all the cost cutting measures. But if you’re the DGC who supports the head of sales and the head of sales is fired you are fucked. If you support something fluffy like CMO or are chief ethics officer, also fucked.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110826)



Reply Favorite

Date: May 23rd, 2018 10:04 AM
Author: Razzmatazz Whorehouse Mexican

I know several people fitting this description that have done it for decades.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110837)



Reply Favorite

Date: May 23rd, 2018 10:10 AM
Author: Light mildly autistic den

On average way more job security for a 550k DGC than for a recently made and/or non-equity partner who does not have a substantial and portable book of business.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110868)



Reply Favorite

Date: May 23rd, 2018 10:30 AM
Author: Razzmatazz Whorehouse Mexican

Without a doubt.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36111011)



Reply Favorite

Date: May 23rd, 2018 3:16 PM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113085)



Reply Favorite

Date: May 23rd, 2018 6:27 PM
Author: vibrant regret state

Cr

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114401)



Reply Favorite

Date: May 23rd, 2018 9:24 PM
Author: Emerald dead yarmulke field

Agreed. Not even close.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36115336)



Reply Favorite

Date: May 23rd, 2018 10:13 AM
Author: mint turdskin

I know a PI attorney who rolls in the office about twice a month to check his mail. Spends a couple hours a day working from home, mostly just talking on the phone and getting referrals from old LS buddies.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110880)



Reply Favorite

Date: May 23rd, 2018 10:14 AM
Author: chestnut hyperactive degenerate

we all know CSLG, dude

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110886)



Reply Favorite

Date: May 23rd, 2018 10:15 AM
Author: Self-absorbed cracking bbw wrinkle



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110894)



Reply Favorite

Date: May 23rd, 2018 10:16 AM
Author: mint turdskin

nah CSLG is at it 24 hours a day 7 days a week. He probably makes 40-50x as much $ but fuck that.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36110900)



Reply Favorite

Date: May 23rd, 2018 9:05 PM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36115228)



Reply Favorite

Date: May 23rd, 2018 10:31 AM
Author: Slate adventurous property

Flame thread I assume. There is a v30 that pays their non equity partners $900k? Which firm is this because my friends who are non equity get paid $500-600k and they should jump ship immediately.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36111021)



Reply Favorite

Date: May 23rd, 2018 10:33 AM
Author: Startled Slippery Stag Film Volcanic Crater

Yah all the big NY based PE facing firms do this. There is not a separate tier of the outside world but they do not have clients and have very little variable comp

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36111039)



Reply Favorite

Date: May 23rd, 2018 10:58 AM
Author: Slate adventurous property

I know a handful of non equity in those types of firms but none approaching that sort of comp. K&E pays better than most and somebody I know there makes like $650k.

Coincidentally, got contacted by a recruiter today for a senior in house position at blackstone in their hedge fund division. Not sure what kind of place you’re talking but if PE, I assume a place that’d pay $550k is blackstone or equivalent. But btwn $550k at blackstone or $900k, id prob take $900. Blackstone is more than 50 hours a week though.

Also, I think it’s a bit different standard for men and women. I wouldn’t advise a woman to take the higher paying job.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36111194)



Reply Favorite

Date: May 23rd, 2018 3:18 PM
Author: Startled Slippery Stag Film Volcanic Crater

K&e non-equity is true fraud lies.

This applies for junior partners w:o clients at clearly, Cahill, debevoise, willkie, omelveney, stb, pail weiss

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113105)



Reply Favorite

Date: May 23rd, 2018 5:24 PM
Author: Awkward elastic band

you are notionally equity at these places even if your comp is fixed for the first 2-3 years, and you would have pretty good job security - you don't see partners at places like this leaving very often unless it's to go to K&E for a big payday. If you take the v30 partnership job you should expect your comp to rise to some extent over the next 5 years, even if you stay a service partner, and you probably have better job security as a partner at firms like this than you have as a deputy GC anywhere.

That said given your wife's income it seems like a no-brainer to take the DGC job.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113981)



Reply Favorite

Date: May 23rd, 2018 6:52 PM
Author: Slate adventurous property

Well I know nothing about comp at those firms, so it that’s the case, then negotiate for a higher in house comp. at a senior level, you’re not expected to take a 40% paycut to go in-house. If they can pay $550k, they can pay $700k.

Thread is unclear if you’re at the firm already though or you have an offer at a v30 v in house.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114544)



Reply Favorite

Date: May 23rd, 2018 7:19 PM
Author: Startled Slippery Stag Film Volcanic Crater

At K&E non-equity billing 2800 hours. Holding both offers and need to make a decision quickly. Very nervous about wrong move closing out long term millions. This thread was flame by the way.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114672)



Reply Favorite

Date: May 25th, 2018 11:10 AM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36125490)



Reply Favorite

Date: June 2nd, 2018 8:10 AM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36170211)



Reply Favorite

Date: July 13th, 2018 1:13 PM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36419198)



Reply Favorite

Date: May 23rd, 2018 3:16 PM
Author: aphrodisiac saffron halford

obviously the deputy GC. lol at working past 5

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113089)



Reply Favorite

Date: May 23rd, 2018 4:10 PM
Author: Stirring National

Lol

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113492)



Reply Favorite

Date: May 23rd, 2018 4:14 PM
Author: Cerise arrogant hospital



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113515)



Reply Favorite

Date: May 23rd, 2018 4:13 PM
Author: Vermilion reading party tattoo

i haven't heard of any non-equity partners making around $1 million in biglaw - usually the biglaw firms that have these tiers treat non-equity like shit.

That said there are several non-equity partners at my firm who make over $1 million, but equity here doesn't mean much, and some people would prefer to stack cash rather than have to buy in, if all it means is trading a vote for personal liability.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113513)



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Date: May 23rd, 2018 4:21 PM
Author: Massive Iridescent Newt Ticket Booth

Deputy GC duh. When the partnership’s taxes are accounted for you probably earn more as the DGC.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113561)



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Date: May 23rd, 2018 4:22 PM
Author: Vermilion reading party tattoo

partnership's taxes?

non-equity.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113569)



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Date: May 23rd, 2018 4:25 PM
Author: Massive Iridescent Newt Ticket Booth

Oh I missed that. Still go DGC because you have zero job security as a non-equity partner and that’s a Grade A “BITCH” job anyways. The DGC job is top 0.0000001% of in-house jobs.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113591)



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Date: May 23rd, 2018 4:29 PM
Author: learning disabled well-lubricated office ratface

Lmao crrr calling it a grade a bitch job

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113641)



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Date: May 23rd, 2018 4:33 PM
Author: Stubborn fragrant jewess

Wouldn't a lot of V30 firms not even pay 900k for that?

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113666)



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Date: May 23rd, 2018 4:49 PM
Author: Massive Iridescent Newt Ticket Booth

How much business would you be required to generate in the non-equity role?

What size is the company? F200/etc.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36113789)



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Date: May 23rd, 2018 5:37 PM
Author: Startled Slippery Stag Film Volcanic Crater

Oh would manage large institutional clients.

Company is F100

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114037)



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Date: May 23rd, 2018 5:51 PM
Author: Spectacular chartreuse stead useless brakes

F100 all the way.

The arrangement at the V30 is likely temporary based on how much biz they have. I don’t think any firm in the word is paying a glorified senior associate 900k for years and years on end.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114151)



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Date: May 23rd, 2018 5:54 PM
Author: Vermilion reading party tattoo

not V-50 biglaw but there are plenty of firms where originating millions in business (making over $1 million) are not equity partners.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114168)



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Date: May 23rd, 2018 6:11 PM
Author: Spectacular chartreuse stead useless brakes

Making over $1 million while originating $0 of business?

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114296)



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Date: May 23rd, 2018 6:13 PM
Author: Vermilion reading party tattoo

no that's basically impossible.

But you can originate several million in business, be compensated for it, and still be non-equity if you don't care to vote or be personally liable for finances of the firm.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114304)



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Date: May 23rd, 2018 6:34 PM
Author: learning disabled well-lubricated office ratface

So all the spoils without any of th risk or obligations? Sounds 180

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114460)



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Date: May 23rd, 2018 6:40 PM
Author: Vermilion reading party tattoo

you dont get to vote to protect yourself or the people on your team. not sure how much that is worth.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114485)



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Date: May 23rd, 2018 6:50 PM
Author: chestnut hyperactive degenerate

how much is your vote even fucking worth in a 500 person law firm?

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114534)



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Date: May 30th, 2018 2:09 PM
Author: Massive Iridescent Newt Ticket Booth

How dumb are you? None of the upside if you work a ton/bring in tons of business since you are paid on salary and all of the risk since if you get fired you have no actual clients to take with you.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36152503)



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Date: June 1st, 2018 12:42 PM
Author: Razzmatazz Whorehouse Mexican

IIRC, Earl gets a portion of what he brings in.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36165373)



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Date: May 23rd, 2018 6:54 PM
Author: pink antidepressant drug

after taxes, the extra $350K won't turn out to be very much. Especially considering the likely difference in hours worked.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36114553)



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Date: May 23rd, 2018 9:32 PM
Author: Amethyst Theatre

really depends on what the deputy GC position is like

at my corp, our deputy GC works just as hard as a V10 partner and is under just as much stress

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36115379)



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Date: May 25th, 2018 10:20 PM
Author: Razzmatazz Whorehouse Mexican

I seriously find this hard to believe.

(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36129541)



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Date: May 30th, 2018 1:53 PM
Author: Startled Slippery Stag Film Volcanic Crater



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36152412)



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Date: May 30th, 2018 2:17 PM
Author: rose filthy meetinghouse pocket flask



(http://www.autoadmit.com/thread.php?thread_id=3984139&forum_id=2#36152544)