Monday, September 29, 2003

Sixty Years and I'm Running . . .

I'm sure all the associates who read this article said, "Well d'uh. Now pass me the fucking Jack Daniels so I can wash down this speed. I need to crank on this 25 page motion for summary judgment that was dropped on my lap, oh, a couple of days ago after the partner turned flaky and is needs to be filed at the motion cutoff date, which is like, tomorrow."

For those of you who haven't decided to click on the link, the title of the article is "Associates Giving Up On Partnership." I've heard that quote comparing becoming a partner to winning " pie-eating contest where the prize is more pie" from at least 5 partners. Hmmm, you know there's a reason for that, doncha?

There was this young BigLaw equity partner that I enjoyed working with up in Silicon Valley. He had very young son and a beautiful wife but barely saw them. He always worked Sundays so that he could have Saturday free, but he was often at work Saturday as well. He came in regularly at 7am and didn't leave until 7pm each day, and I know he was working when he got home as well. He also had to attend after hours administrative meetings and shindigs for various bar associations. In one month, on top of the 200 hours billed, he had an additional 100 hours dealing with administrative crap and rainmaking. To put things in perspective, billing 200 hours is working an average of 10 hours each weekday. Now put in the 100 hours, and that's 15 hours each weekday you're devoting to the firm (and away from your family/friends/porn . . . uh, I mean, significant other). Fun, no?

Now you're probably wondering, hey, did the dude have to do that? Well, using that good ol' pie imagery, think about a pie. You're sharing that good ol' blueberry pie with, let's say eight of your buddies. Another buddy shows up. If that pie doesn't get bigger, that means you have less. You're gonna be pissed unless that buddy either has good reason for decreasing your share, or can make the pie bigger. So that 300 hours that partner is kicking in? It's his effort to 1) justify his share of the pie and 2) make the pie bigger. And there are plenty who would like his piece just waiting outside, pressing their face against the window, drooling while he eats his pie. Nah, dude didn't have to do that, and the firm didn't have to give him equity either.

Me, you can probably tell, I don't like pie that fucking much.




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