What are partner prospects for you? I have an offer for a small firm that pays similarly (adjusted for cost of living) to your gig to start, but the big draw is that they offer partner after just a few years. The result of that is that all of their attorneys except one are partners. Full partner is another handful of years after that, with sizable raises each year from first year partner to full partner. I was curious if this setup (guaranteed partnershi /, almost all the attorneys being partners) is common for small firms in NYC as well. It is definitely the biggest draw of the firm for me, along with the easy hours (the firm is a ghost town by 5:15 every evening).
Second, do they offer a 401k? The firm that offered me does not, which is kind of weird. They are looking into it, however.
Third, how do others in the legal profession view your firm? Do you have exit options? One of the partners at the firm that offered me recently became a judge, but everyone else just seems to stay there at the firm. On the one hand, that could be good, because it suggests that it's a decent place to work if nobody leaves. On the other hand, it might suggest that the attorneys simply have poor exit options. From what I can tell, the firm is well-respected in its geographical area, but I'm not sure it's the type of place that you leave to go in-house for a corporation or whatever. Then again, if I'm working ~50 hours a week and making partner money, why would I want to leave? So...what do you think would be most likely to cause you to want to leave in the future and where might you go?
Thanks a lot for the thread. It's obviously relevant to my interests! Good small law seems harder to find than biglaw.