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Old 04-09-2005, 08:00 PM   #1781
mommylawyer
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Quote:
Originally posted by Atticus Grinch


It's important to be clear on your expectations about requirements to travel..... Profit is revenue minus expenses, and if you're doing revenue sharing as a measure of compensation you should insist on expense sharing too.

*Because during the time of my observation small firms generally were well below 80% of RMSC for 2000 hour billers to begin with.

You all are a wealth of knowledge and it is much appreciated. I am planning to write out what I'd like as a compensation package and then figure out my dealbreaker at each level .... and the travel is important to consider as I am admitted in NY as well as my homestate so could very easily be asked to work on matters there - i was thinking of requesting additional room etc if we are away for extended time so i can bring my kids ... MIL would travel so....

any other suggestions are welcome - my only experience is biglaw and in house gig and that had very little negotiating compensation.......

ml
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