Secondary Market Midlaw Model Q

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Anonymous User
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Secondary Market Midlaw Model Q

Postby Anonymous User » Wed Aug 15, 2012 8:58 pm

For those firms that pay 80kish and hire very few people a year (2-10), is the model similar to biglaw as in you get pushed out after a few years?

badaboom61
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Re: Secondary Market Midlaw Model Q

Postby badaboom61 » Wed Aug 15, 2012 9:15 pm

It depends on the firm, but often not, attrition rates tend to be much lower and a higher percentage of associates make partner. Look at how many associates the firm has versus how many partners they have, and it should tell you something about attrition.

Anonymous User
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Re: Secondary Market Midlaw Model Q

Postby Anonymous User » Wed Aug 15, 2012 9:29 pm

More specifically upstate ny firms.

HeavenWood
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Re: Secondary Market Midlaw Model Q

Postby HeavenWood » Wed Aug 15, 2012 9:30 pm

badaboom61 wrote:It depends on the firm, but often not, attrition rates tend to be much lower and a higher percentage of associates make partner. Look at how many associates the firm has versus how many partners they have, and it should tell you something about attrition.

This. The only real downside (besides lower pay) is worse exit options if you happen to decide you don't like the firm/law altogether.

anon168
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Re: Secondary Market Midlaw Model Q

Postby anon168 » Wed Aug 15, 2012 9:34 pm

Anonymous User wrote:For those firms that pay 80kish and hire very few people a year (2-10), is the model similar to biglaw as in you get pushed out after a few years?


Gotta get more specific my friend. If you want to, PM me. But your question as phrased is almost impossible to answer.

Anonymous User
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Re: Secondary Market Midlaw Model Q

Postby Anonymous User » Thu Aug 16, 2012 10:02 am

anon168 wrote:
Anonymous User wrote:For those firms that pay 80kish and hire very few people a year (2-10), is the model similar to biglaw as in you get pushed out after a few years?


Gotta get more specific my friend. If you want to, PM me. But your question as phrased is almost impossible to answer.

Think like a Harter Secreast/Hodgson upstate NY

Anonymous User
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Re: Secondary Market Midlaw Model Q

Postby Anonymous User » Thu Aug 16, 2012 10:11 am

Anonymous User wrote:
anon168 wrote:
Anonymous User wrote:For those firms that pay 80kish and hire very few people a year (2-10), is the model similar to biglaw as in you get pushed out after a few years?


Gotta get more specific my friend. If you want to, PM me. But your question as phrased is almost impossible to answer.

Think like a Harter Secreast/Hodgson upstate NY


Those firms tend to make post-SA offers with the idea in mind that you will stay there for your career and become a partner (I was an SA at one of them). However, to know about a specific firm for sure, you would have to ask.

Anonymous User
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Re: Secondary Market Midlaw Model Q

Postby Anonymous User » Thu Aug 16, 2012 10:33 am

So it sounds extremely difficult to get a job at those firms.

HeavenWood
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Re: Secondary Market Midlaw Model Q

Postby HeavenWood » Thu Aug 16, 2012 11:47 am

Anonymous User wrote:So it sounds extremely difficult to get a job at those firms.

They tend to have tiny class sizes, so yes.

dreakol
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Re: Secondary Market Midlaw Model Q

Postby dreakol » Thu Aug 16, 2012 2:22 pm

80k seems high for secondary mid-law but 180

badaboom61
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Re: Secondary Market Midlaw Model Q

Postby badaboom61 » Thu Aug 16, 2012 2:39 pm

dreakol wrote:80k seems high for secondary mid-law but 180


It really varies by firm. In one market I know of, there's at least one local mid-law firm I can think of that pays around 105, which is nearly what the satellites of the Vault-ranked firms pay in the same market.

I know another firm that's nearly as respected in a similar market that starts its associates at 65.
Last edited by badaboom61 on Thu Aug 16, 2012 2:41 pm, edited 1 time in total.

Anonymous User
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Re: Secondary Market Midlaw Model Q

Postby Anonymous User » Thu Aug 16, 2012 2:40 pm

dreakol wrote:80k seems high for secondary mid-law but 180

Upstate NY firms usually pay between 70-80k




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