Greedy Associates Boards   |  Threaded Discussion Forums   |  Newsletter
Greedy Junior Partners Board
Is partnership all you ever wished for? Discuss amongst yourselves.

Home | Messages | Photos | Links | Contacts | Contact Administrators | FAQ | Newsletter |

Message 988 of 992 <- Previous | Next -> | View All | Reply | Post

Re: Compensation Structure Golden Deebs January 01, 2009 03:51 pm
To answer your latter question, assuming I undersood it correctly - yes, I have heard of a NEP/Of-Counsel being paid off a draw. It is uncommon, though. I have seen it look like a minimum monthly draw, and any payments over and above the minimum are compensated as a percentage of the billings, with the NEP's/OC's originated clients kicking back a higher percentage. Assuming the work is there, I have not heard any complaints other than making estimated quarterly tax payments.

This is a reply to message 983 by The Edge  

Message 988 of 992 <- Previous | Next -> | View All | Reply | Post

   Go to: Oldest | Most Recent or msg #

Find Legal Jobs:

Message Board Terms of Use and Disclaimer
800 West California Avenue, 2nd Floor, Sunnyvale, CA 94086
Tel: (888) 257-9500;    Fax: (408) 524-4798;    Contact Us
Privacy policy  Site Contents © 1999-2006  Terms of service