I made partner at work!

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rudeguy

Lifer
Dec 27, 2001
47,371
14
61
As much as I hate lawyers...you seem like a great lawyer and a great person. Congratulations my friend.
 

JEDI

Lifer
Sep 25, 2001
30,160
3,302
126
I left the Air Force JAG Corps at the end of 2004, after six years on active duty. Since then, I have been working as an associate attorney at a small but very successful litigation firm in Minneapolis. We have had very good success on some high-visibility cases, including representing the property owners in the Minnesota Twins ballpark condemnation, the plaintiff in this police civil rights case - http://www.startribune.com/local/west/11592986.html?elr=KArksUUUoDEy3LGDiO7aiU - and the plaintiff in this huge unpaid-wages action - http://www.startribune.com/business/11218391.html (I was co-counsel on the latter two cases).

Anyway, after working at my firm for about 4 1/2 years, they yesterday told me I am being named a partner. I know this is probably insignificant to non-lawyers, but it's really a nice recognition of my work and a major step in career progress. Woohoo!

dont most lawfirms have a zillion partners? like being vice president. only managing partner has any luster? or am i watching tooooo many primetime law shows?

so what does partner get you besides more $? and what additional duties?
 
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SSSnail

Lifer
Nov 29, 2006
17,461
82
86
Wait, I thought we're suppose to hate lawyers. How come nobody tells me that the fad is over?

Congrats man!
 

Kadarin

Lifer
Nov 23, 2001
44,303
15
81
Congrats! From your posts over the years, I recall you as being an ethical and morally sound person, and I'm glad to hear that you're doing well.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Congrats Don Vito - can't think of anyone more deserving.

Personally I've always seen you as a Federal Prosecutor type. No need for designer suits, long billable hours and still prestigious.
 
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Zebo

Elite Member
Jul 29, 2001
39,398
19
81
dont most lawfirms have a zillion partners? like being vice president. only managing partner has any luster? or am i watching tooooo many primetime law shows?

so what does partner get you besides more $? and what additional duties?

From my understanding a partner is like a shareholder lawyer in firm i.e. you get a piece of the action of non-partners working for firm and all profits firm generates.
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Congratulations! How is 'small' firm life? Are the hours as back-breaking as I hear they are at the big firms?
 

DaWhim

Lifer
Feb 3, 2003
12,985
1
81
i used to do law firm/lawyer finance. how much are they asking you for capital contribution? heh

watch out, law firm can fall apart like heller. my firm is the one that pulled the credit and heller collapsed!
 

Jeeebus

Diamond Member
Aug 29, 2006
9,180
897
126
From my understanding a partner is like a shareholder lawyer in firm i.e. you get a piece of the action of non-partners working for firm and all profits firm generates.

if you're an equity partner - yes. You're basically an "owner" of the firm and share in the profits, whatever they are for the year. Vito is, at this point, a salaried partner - so he's probably getting a healthy bump in salary from being a senior associate, but it will (most likely) be less than what an equity partner would make if the firm is doing ok.

In terms of differentiation of duties, he'll generally have more client contact, be in charge of more cases, etc. (assuming he's in litigation - substitute "deals" for "cases" otherwise).
 

Genx87

Lifer
Apr 8, 2002
41,095
513
126
I left the Air Force JAG Corps at the end of 2004, after six years on active duty. Since then, I have been working as an associate attorney at a small but very successful litigation firm in Minneapolis. We have had very good success on some high-visibility cases, including representing the property owners in the Minnesota Twins ballpark condemnation, the plaintiff in this police civil rights case - http://www.startribune.com/local/west/11592986.html?elr=KArksUUUoDEy3LGDiO7aiU - and the plaintiff in this huge unpaid-wages action - http://www.startribune.com/business/11218391.html (I was co-counsel on the latter two cases).

Anyway, after working at my firm for about 4 1/2 years, they yesterday told me I am being named a partner. I know this is probably insignificant to non-lawyers, but it's really a nice recognition of my work and a major step in career progress. Woohoo!

I play flag football with about 7 lawyers in the Minneapolis area and this is a huge deal. One of my buddies just made Partner in Oct.

So Congrats!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

btw they were talking about the inner polics of a firm and I found it fascinating. Basically said most firms will let you know 4-6 years into your stay if you will make partner or not. Either they will fire you or tell you but let you stay on at your own discretion. Have you found that to be true?
 
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