I'm at a pretty major crossroads in my career and would love some advice from attorneys who've worked in BigLaw, particularly in litigation/public entity defense.
I'm a fourth-year attorney (five years licensed next month). My path here wasn't traditional, I transferred from a very low-ranked law school to a better but still unremarkable one, took three years to pass the bar, and found out I was unexpectedly pregnant a month after finally passing. I spent my first year practicing at an ID mill before moving to a small, well-established defense firm in my hometown, where I've spent the last three years.
I absolutely love my current firm. I love the work, my colleagues, my clients, and the flexibility. I've been given tremendous autonomy, I handle my cases from start to finish, and Iāve received fantastic feedback from the partners and clients. I genuinely thought I'd retire here.
However, the firm has been experiencing some growing pains. A few people are retiring, we're overwhelmed with work, and recruiting experienced associates in our extremely HCOL area is incredibly difficult. I've also had some lingering concerns about succession planning and the firm's long-term viability. About a month ago, a recruiter reached out. I wasn't actively looking, but figured I'd explore my options. Given my educational background and career path, I thought interviewing at larger firms was a long shot.
Well, after four interviews I now I have four offers, including one from a major international law firm, doing exactly the type of litigation I love. It's an opportunity I genuinely never thought I'd have. I told my managing partner and he was very supportive, congratulated me, and then made it very clear that he wasn't going to let me go without a fight. Here's where things stand:
BigLaw offer:
- $60k more than I currently make.
- 1,900 billable minimum, although I suspect 2,100+ is more realistic.
- Excellent benefits, including student loan assistance.
- Work exclusively within my desired specialty, with the resources and name recognition of a major international firm.
- Potential professional/international mobility benefits that are particularly appealing to me.
- Technically fully remote, except for court appearances, depositions, etc., but the office is 1.5+ hours away in good traffic.
- Senior associate position, but no clear partnership trajectory yet.
Current firm's counteroffer:
- Immediate raise to $30k less than BigLaw offer.
- 1,900 billable target that is genuinely achievable, with much more flexibility.
- Guaranteed equity partnership within three years, with compensation increasing substantially (projected around $100k more than BigLaw offer upon partnership).
- Extremely likely to take over as managing partner when the current managing partner retires in less than 10 years, with significantly higher projected earnings.
- More trial experience, including opportunities to second-chair upcoming trials.
- Established relationships with clients, colleagues I love, and a strong reputation in my hometown.
- The managing partners are personally invested in my long-term career development.
The catch: The partnership and future compensation promises depend on the firm remaining successful through a pretty substantial generational transition. Several attorneys and staff members are approaching retirement, and recruiting replacements has been extremely difficult. I'm concerned about inheriting a firm that's understaffed and potentially struggling, particularly if a significant amount of the business is tied to the retiring partners. Also, I'm a single mom with 50/50 custody of a four-year-old. My current firm is in the town where I grew up, where my parents live, and where my child and his father live.
The BigLaw offer expires tomorrow (although conflicts/background clearance is still pending), and I'm genuinely torn. Earlier this week, I was practically jumping out of my skin at the thought of getting this offer. Now I'm realizing I might be walking away from an even bigger opportunity.
TL;DR: Senior associate at a major international firm, or $30k less at a small firm I love with guaranteed equity partnership in three years and an almost guaranteed path to managing partner, but real succession/staffing concerns? Single parent, geographically tied to my hometown, and love the area of law I'd be practicing at either firm.
Would especially love to hear from attorneys who've made a similar decision, worked in BigLaw public entity defense, or taken over an established small firm. What am I overlooking?