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Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Thu May 11, 2023 11:48 am
by Anonymous User
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Thu May 11, 2023 1:34 pm
by Anonymous User
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Fri May 12, 2023 1:04 am
by Anonymous User
Anonymous User wrote:
Thu May 11, 2023 1:34 pm
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W
Isn't S&C's "special counsel" position an NEP-esque waiting ground for some lawyers?

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Fri May 12, 2023 1:15 am
by Anonymous User
Anonymous User wrote:
Fri May 12, 2023 1:04 am
Anonymous User wrote:
Thu May 11, 2023 1:34 pm
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W
Isn't S&C's "special counsel" position an NEP-esque waiting ground for some lawyers?
AFAIK its only used for post-gov hires

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Fri May 12, 2023 4:48 am
by Anonymous User
Anonymous User wrote:
Fri May 12, 2023 1:15 am
Anonymous User wrote:
Fri May 12, 2023 1:04 am
Anonymous User wrote:
Thu May 11, 2023 1:34 pm
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W
Isn't S&C's "special counsel" position an NEP-esque waiting ground for some lawyers?
AFAIK its only used for post-gov hires
I’m at S&C and I’ve seen quite a few instances where it has been used as a waiting ground, whether for 1-2 years or for 6+ years (but I might be wrong).

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Fri May 12, 2023 8:11 am
by Anonymous User
Anonymous User wrote:
Fri May 12, 2023 4:48 am
Anonymous User wrote:
Fri May 12, 2023 1:15 am
Anonymous User wrote:
Fri May 12, 2023 1:04 am
Anonymous User wrote:
Thu May 11, 2023 1:34 pm
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W
Isn't S&C's "special counsel" position an NEP-esque waiting ground for some lawyers?
AFAIK its only used for post-gov hires
I’m at S&C and I’ve seen quite a few instances where it has been used as a waiting ground, whether for 1-2 years or for 6+ years (but I might be wrong).
1-2 waiting ground only for governtment hires.

Otherwise, special counsels rarely make partner.

The model is still predominantly 8-year partnership.

All firms have special counsels. They are different from NSPs.

Re: Junior partner comp/timeline (S&C, PW, DPW, etc.)

Posted: Fri May 12, 2023 9:42 am
by Anonymous User
Anonymous User wrote:
Fri May 12, 2023 8:11 am
Anonymous User wrote:
Fri May 12, 2023 4:48 am
Anonymous User wrote:
Fri May 12, 2023 1:15 am
Anonymous User wrote:
Fri May 12, 2023 1:04 am
Anonymous User wrote:
Thu May 11, 2023 1:34 pm
Anonymous User wrote:
Thu May 11, 2023 11:48 am
Does anyone know what the compensation looks like for a first year partner at firms like sull crom, PW, DPW, etc.? In a large corporate group to the extent relevant.

Also any idea on partnership timeline at these places?

Senior associate considering lateraling to firms in roughly this band.
No idea abt comp but partnership timing is going to differ based on firm. S&C + DPW both still do 8 year runway. S&C doesn't really use "of counsel" role as NEP-esque waiting ground, DPW seems to do so a little more. Not sure ab P,W
Isn't S&C's "special counsel" position an NEP-esque waiting ground for some lawyers?
AFAIK its only used for post-gov hires
I’m at S&C and I’ve seen quite a few instances where it has been used as a waiting ground, whether for 1-2 years or for 6+ years (but I might be wrong).
1-2 waiting ground only for governtment hires.

Otherwise, special counsels rarely make partner.

The model is still predominantly 8-year partnership.

All firms have special counsels. They are different from NSPs.

any comp figures for junior partners? also, do you know if S&C is still modified lockstep? someone else on another thread was saying it's EWYK (and that it's always been like that?).