Also the discussion wasn't about senior partners, and there are absolutely senior KE partners making that and more.Anonymous User wrote: ↑Sat Feb 12, 2022 12:29 pmMaybe an outlier? This reports otherwise (though it's a year behind), but unless we get a DPW partner on here, I suppose we're all just guessing:Anonymous User wrote: ↑Sat Feb 12, 2022 10:53 amSenior DPW partners who transitioned to the government reported ~12 million in comp.ChairmanKaga wrote: ↑Fri Feb 11, 2022 6:31 pmThis still doesn't make sense, does it? You have no idea how many people are at the top or bottom of the equity. Bottom of equity could be $1.7m, top of equity could be $6.8m and PEP could still be $6.35m.Anonymous User wrote: ↑Thu Feb 10, 2022 11:15 pmWhat I meant is that the numbers don't work out if 1st year comp is under $2.5 million given the relatively narrow DPW spread.ChairmanKaga wrote: ↑Thu Feb 10, 2022 11:14 pmSerious question: how do the numbers not work? It's not possible to reverse engineer what first year equity is by knowing the PEP and the top/bottom ratio, is it?Anonymous User wrote: ↑Thu Feb 10, 2022 10:41 pmFabricated, eh? DPW has only a 4:1 ratio of top equity to bottom equity. The numbers don't work if 1st year equity is under $2.5m (and I know for a fact that first year equity is over that).
You work for KE HR?
https://news.bloomberglaw.com/business- ... -arms-race
Edited to add that it also depends on when the disclosure was made. The disclosures sometimes will include the prior calendar year, as well as YTD of the year of disclosure, so if the majority of partner comp comes in January (which is how most firms do it), the disclosure may include two consecutive January pays (e.g., Jan. 2020 and Jan. 2021) and thus overstate a yearly compensation by quite a lot.
See, e.g., https://www.reuters.com/legal/legalindu ... 021-06-21/ (disclosure included prior calendar year as well as current year up to date of disclosure).
Anyway, da da da, another thread bites the dust. Another thread, another thread, another thread bites the dust.
We get it, everyone hates Kirkland and thinks everyone that works there is a schmuck that didn't have better options. Okey-dokey. I'm happy here and so is my pocketbook