We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
If you ask him, he would probably say he is doing it because he is ambitious and trying to build something of his own. From a personal standpoint, I can understand that. At the same time, it does raise an interesting question from the firm’s perspective - particularly when Tier 1 firms often have minimum billing thresholds, which can make it difficult for younger lawyers who are not yet partners to independently originate and service smaller mandates within the firm. So, while the arrangement is certainly debatable from a conflict and employment-policy perspective, one can also understand why some lawyers end up taking this route.
Having said that I have several private clients who can not afford Law Firm services whom I cater to personally. I even take help from the Firm's CS / CA at times. I end up making a couple of lakhs every month which is a pretty penny at any level (I am more on a Junior Partner level btw; and in a kinda sorta tier 1)
A ▮▮▮ ▮▮▮ example is of a ▮▮▮ who had his ass whooped at ▮▮▮ when the ▮▮▮ found out his firm clients were being attended to “directly” by this ▮▮▮. Rumour has it that ▮▮▮ was asked to pack ▮▮▮ bags and leave overnight.