Are you applying for the Training Contract?How is everyone going?
I am pleased to say I passed my first round interview for Lovells!
Are you applying for the Training Contract?How is everyone going?
I am pleased to say I passed my first round interview for Lovells!
Did you think at the time (or afterwards) that those interviews did not go so well? Or were you surprised with which firms offered you second round as compared to those which didn't?Missed BD, Jones Day and Baker...
So five second round interviews for me.
Very interesting article. What is an equity partner?Thought I'll excite some of you aspiring young people. Pg 42 of the AFR today (18 Sept 09) - everything you need to know about the law firms (ie how much you'll be making as a partner). Hopefully stops random guesses from people with low self-esteem or random trolling for a while.
I wasn't surprised I missed BD and Baker. Missing Jones Day stung a fair bit. I also thought Minter went terribly terribly badly but apparently not (?)Did you think at the time (or afterwards) that those interviews did not go so well? Or were you surprised with which firms offered you second round as compared to those which didn't?
An equity partner owns part of the firm - profits will be shared between the partners.Very interesting article. What is an equity partner?
Hey, i'm new here- please be nice.Deacons - reject
Middletons -reject
Harmers Workplace Lawyers (clerkship) - 1st round coming up
HWL Ebsworth Graduate Program - interview coming up
On a side note, I received a grad offer (not with a law firm)....
Yea it's all a mug's game. To reach that junior partner level you'd have to work quite hard as a senior associate. Sure you can cruise around as a junior solicitor but the jump from senior associate to partner requires hard work. Be prepared to work a good 14 hr day on average.An equity partner owns part of the firm - profits will be shared between the partners.
Technically all partners own part of the firm - they each get a vote in determining how the business is run.
However, with the expansion of law firms to well over 100 partners in large firms, you have different types of partners now. The reference to the AFR article above (sorry, forgot who linked to it) is excellent. It tells you who earns what.
Basically, new partners earn 380k at the top tier in their first year. However, more established partners will earn between 1 and 2 million at the top tiers.
Partnership structures are now quite complex - you have performance bonuses to reflect who's been billing well. And a new trend is the non-equity partner - that is, you are recognised as senior enough to be a partner, but you do not share in the profit pool - you are paid a fixed wage.
To all the summer clerk interviewees - buy the AFR on a Friday and have a look at the legal affairs section which comes out weekly - you can learn a lot about the industry and perhaps about some things the firms don't want you to know.
The Australian's legal affairs section is quite informative too: Legal Affairs | Business and Legal Affairs | The Australian
over and out
I dunno, Mallesons just seemed like a better option.Can i ask why none of you guys applied to Sparke Helmore for clerkships?
I didn't think that Sparke Helmore were offering clerkships this year? Pretty sure I read that on their website. Correct me if I am wrong.Can i ask why none of you guys applied to Sparke Helmore for clerkships?