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-   -   Welcome back E/O, leagl and Fringey: no one say the name "Penske" 3 times in a row (http://www.lawtalkers.com/forums/showthread.php?t=845)

Sidd Finch 11-20-2009 05:00 PM

Re: Nwtf
 
Quote:

Originally Posted by ThurgreedMarshall (Post 407733)
Presumably that's on top of whatever payments they've been making to buy in, right? They're only hitting the non-equity partners. They're not hitting the associates who are up but who haven't made it yet.

TM

Do non-equity partners have to buy in at most firms? I am, thankfully, fairly clueless about this.

Pretty Little Flower 11-20-2009 05:00 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
I wasn't really trying to appeal to men. It's hard to see how it could be appealing - given that my boobs border on the freakish. The Chia Pets are the image that came to mind. I've never seen one in real life, just on the Ronco commercial (or whatever it is), and they seem to inflate before your eyes!

Maybe like two balloons being blown up?


I have given you enough help. It is time for you to spread your wings and fly. I use this expression to hopefully eclipse Sidd's creepy "odd cuts of meat" metaphor.

Hank Chinaski 11-20-2009 05:02 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
I wasn't really trying to appeal to men. It's hard to see how it could be appealing - given that my boobs border on the freakish. The Chia Pets are the image that came to mind. I've never seen one in real life, just on the Ronco commercial (or whatever it is), and they seem to inflate before your eyes!

Maybe like two balloons being blown up?

and this my friends, is a whiff.

Did you just call me Coltrane? 11-20-2009 05:03 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
I wasn't really trying to appeal to men. It's hard to see how it could be appealing - given that my boobs border on the freakish. The Chia Pets are the image that came to mind. I've never seen one in real life, just on the Ronco commercial (or whatever it is), and they seem to inflate before your eyes!

Maybe like two balloons being blown up?

Do you now get black eyes when you run?

Cletus Miller 11-20-2009 05:04 PM

Re: Nwtf
 
Quote:

Originally Posted by Sidd Finch (Post 407735)
I wouldn't necessarily read that into the "fixed share" title. I took that as a euphemism for how they'll be paid -- i.e., they'll continue to make a fixed salary, even if the firm has a boom year.

These titles are going the way of airline terminology. "Non-stop" means the plane lands 3 times between takeoff and final destination, but you don't get off unless the TSA says you should.

Didn't think of that; been too long since I had direct exposure to a firm that speaks that euphemistically.

Quote:

Originally Posted by Sidd Finch
Do non-equity partners have to buy in at most firms?

It hasn't been the practice at the several firms I have direct knowledge of, but it seems like it's spreading.

Flinty_McFlint 11-20-2009 05:05 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Pretty Little Flower (Post 407737)
I have given you enough help. It is time for you to spread your wings and fly. I use this expression to hopefully eclipse Sidd's creepy "odd cuts of meat" metaphor.

Yeah, I was going to ask you for a ruling on whether Sidd's post made you want to rethink your proclamation on Burger's oddly latent iphone post.

dtb 11-20-2009 05:06 PM

Re: Nwtf
 
Quote:

Originally Posted by Sidd Finch (Post 407735)
These titles are going the way of airline terminology. "Non-stop" means the plane lands 3 times between takeoff and final destination, but you don't get off unless the TSA says you should.

I thought that was "direct" and non-stop meant, in fact, no stops until the final destination. Have I been deceived?!?

Did you just call me Coltrane? 11-20-2009 05:06 PM

Re: Nwtf
 
Quote:

Originally Posted by ThurgreedMarshall (Post 407734)
What's to understand? It's just another way of being able to charge more money by naming someone partner, without having to pay that person what a partner actually makes.

TM

It also gives the "partner" the ability to tell others he's a partner. Instead of feeding you more money, the equity partners feed the ego. And it costs them nothing.

Hank Chinaski 11-20-2009 05:06 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Pretty Little Flower (Post 407728)
You win. You're "I'm going to pull my daughter to the ground by her pony tail" post was far edgier than my "I make pot jokes to my daughter" post. Flinty now likes you better and the girls thing you are a mysterious and dangerous "bad boy" type, which they of course love, even though they know better. As for me, I will be reviled as a pathetic aging stoner and bad parent, which basically puts me a half step ahead of Hank. At least that handsome Pirate dude has my back.

wouldn't sidd's daughter be "on his team?" him saying he's a New Mexico soccer player means Sidd will pull some other girl's ponytail, assuming sidd and his daughter agree she is a rival. kind of like the Texas cheerleader mom? but maybe I'm whifferoooskiing?

ThurgreedMarshall 11-20-2009 05:07 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
my boobs border on the freakish.

Awesome. Please to provide photo evidence.

TM

Pretty Little Flower 11-20-2009 05:07 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Hank Chinaski (Post 407738)
and this my friends, is a whiff.

True, but I didn't call it and instead just posted a response. I figured it was more sportsmanship-like, and in this era of French sporting skullduggery, we need positive role models in this arena. For the children. I did it for the children.

ThurgreedMarshall 11-20-2009 05:09 PM

Re: Nwtf
 
Quote:

Originally Posted by Sidd Finch (Post 407736)
Do non-equity partners have to buy in at most firms? I am, thankfully, fairly clueless about this.

I don't know about most. I know they do here.*

TM

*Second-hand, of course.

Hank Chinaski 11-20-2009 05:12 PM

Re: Nwtf
 
Quote:

Originally Posted by Sidd Finch (Post 407736)
Do non-equity partners have to buy in at most firms? I am, thankfully, fairly clueless about this.

there are two kinds I've seen. one is a "holding pattern" on the way to full partnership. some N.E. never move beyond, some do. the "pie" is that you don't have to put up with the indignation of partners reviewing you anymore.

the other is just a position where you are parked for your career.

I have never heard of a buy-in for either. this firm sees a possibility of coming up with some money by fucking with the immobile. they'll give them some share? great. anyone wanna bet if it'll equal or exceed 15% of their comp?

Adder 11-20-2009 05:14 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
I wasn't really trying to appeal to men. It's hard to see how it could be appealing - given that my boobs border on the freakish. The Chia Pets are the image that came to mind. I've never seen one in real life, just on the Ronco commercial (or whatever it is), and they seem to inflate before your eyes!

Unless there is something very wrong, Chia does not seem like the right analogy:

http://g-ecx.images-amazon.com/image...mywrite/88.jpg

PresentTense Pirate Penske 11-20-2009 05:14 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Pretty Little Flower (Post 407728)
You win. You're "I'm going to pull my daughter to the ground by her pony tail" post was far edgier than my "I make pot jokes to my daughter" post. Flinty now likes you better and the girls thing you are a mysterious and dangerous "bad boy" type, which they of course love, even though they know better. As for me, I will be reviled as a pathetic aging stoner and bad parent, which basically puts me a half step ahead of Hank. At least that handsome Pirate dude has my back.

YKI! Righteous, indeed. And fwiw, fyi, if it makes you feel better, and it should, in the pacific northwest transparently exposing your pot use to your children is the norm and actually championed.....as long as the pot is grown locally in a sustainable eco-friendly manner and the growers get paid a living wage OR it comes from a Fair Trade endoursed source........you're not a bad parent you are just more westerly in your cultural expression and unlike some of the chimps here, the truly anti-biased culturally competent amongst us respect and love you for your honesty.

Namaste, atks.

Hank Chinaski 11-20-2009 05:15 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Adder (Post 407752)
Unless there is something very wrong, Chia does not seem like the right analogy:

http://g-ecx.images-amazon.com/image...mywrite/88.jpg

i'm not even sure what this post is.

Did you just call me Coltrane? 11-20-2009 05:15 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by ThurgreedMarshall (Post 407747)
Awesome. Please to provide photo evidence.

TM

Let me guess: her TITS are enormous and she has an insatiable appetite for blowjobs.

Just like when my wife was pregnant.


It hasn't been 6 weeks yet.

ThurgreedMarshall 11-20-2009 05:16 PM

Look at it. Study it. Commit it to Memory. Savor it again and again.
 
http://images.huffingtonpost.com/gad...2905_large.jpg

TM

Pretty Little Flower 11-20-2009 05:19 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by PresentTense Pirate Penske (Post 407753)
YKI! Righteous, indeed. And fwiw, fyi, if it makes you feel better, and it should, in the pacific northwest transparently exposing your pot use to your children is the norm and actually championed.....as long as the pot is grown locally in a sustainable eco-friendly manner and the growers get paid a living wage OR it comes from a Fair Trade endoursed source........you're not a bad parent you are just more westerly in your cultural expression and unlike some of the chimps here, the truly anti-biased culturally competent amongst us respect and love you for your honesty.

Namaste, atks.

You really are quite handsome.

PresentTense Pirate Penske 11-20-2009 05:20 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Adder (Post 407752)
Unless there is something very wrong, Chia does not seem like the right analogy:

http://g-ecx.images-amazon.com/image...mywrite/88.jpg

AoLoT, fwiw, fyi, I bought one of the below and put it on display in my office next to my talking Ronald Reagan doll to show my bi-partisan bona fides.
http://www.nerve.com/CS/blogs/modern...ama%20chia.jpg

Greedy,Greedy,Greedy 11-20-2009 05:21 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)
I wasn't really trying to appeal to men. It's hard to see how it could be appealing - given that my boobs border on the freakish. The Chia Pets are the image that came to mind. I've never seen one in real life, just on the Ronco commercial (or whatever it is), and they seem to inflate before your eyes!

Maybe like two balloons being blown up?

You don't understand how freekish boobs might appeal to men? Do you have Sidd and TM on ignore?

Gattigap 11-20-2009 05:24 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by dtb (Post 407729)

Maybe like two balloons being blown up?

No, no. It's like the man said - they're like two bags of sand. Becoming bigger bags of sand.

Greedy,Greedy,Greedy 11-20-2009 05:26 PM

Re: Nwtf
 
Quote:

Originally Posted by Adder (Post 407714)
How is one a non-equity partner if one is required to contribute to the equity of the firm?

Admittedly, I have never understood how the non-equity parternship thing works, but this is particularly puzzling.

It really doesn't matter what you call it. At almost any firm, if your practice is not in the top 30% of all partners, you are beholden and not a real equity partner. And unless you have formula compensation, you'll get what you are given, and a bunch of double-talk about how it was done.

Adder 11-20-2009 05:29 PM

Re: Nwtf
 
Quote:

Originally Posted by Greedy,Greedy,Greedy (Post 407764)
It really doesn't matter what you call it. At almost any firm, if your practice is not in the top 30% of all partners, you are beholden and not a real equity partner. And unless you have formula compensation, you'll get what you are given, and a bunch of double-talk about how it was done.

I am not a partner, and likely never will be, but there is definitely something to be said for the simplicity of lockstep (dying though it likely is).

Greedy,Greedy,Greedy 11-20-2009 05:32 PM

Re: Nwtf
 
Quote:

Originally Posted by Adder (Post 407766)
I am not a partner, and likely never will be, but there is definitely something to be said for the simplicity of lockstep (dying though it likely is).

Accepting this state of affairs is ridiculous.

PresentTense Pirate Penske 11-20-2009 05:34 PM

Re: Nwtf
 
Quote:

Originally Posted by Greedy,Greedy,Greedy (Post 407769)
Accepting this state of affairs is ridiculous.

It helps rationalise the choice to drink bad scotch.

Hank Chinaski 11-20-2009 05:50 PM

Re: Nwtf
 
Quote:

Originally Posted by Greedy,Greedy,Greedy (Post 407764)
It really doesn't matter what you call it. At almost any firm, if your practice is not in the top 30% of all partners, you are beholden and not a real equity partner. And unless you have formula compensation, you'll get what you are given, and a bunch of double-talk about how it was done.

exactly. my first few years as a "real" partner us young ones would talk before going into review- this one guy would always say "I'm going to ask why partner X makes more than me." I'd tell him not to, but he did. The CEO probably loved being asked. He made up whatever bullshit sprung to mind, and my friend would just leave angrier.

when you're in big law they ain't worrying about diiferentiating between partner #189 and #190.

but, if you are an equity partner, you can order the paras to do head bobs and then bill a client for her cab.

Greedy,Greedy,Greedy 11-20-2009 05:56 PM

Re: Nwtf
 
Quote:

Originally Posted by Hank Chinaski (Post 407772)
exactly. my first few years as a "real" partner us young ones would talk before going into review- this one guy would always say "I'm going to ask why partner X makes more than me." I'd tell him not to, but he did. The CEO probably loved being asked. He made up whatever bullshit sprung to mind, and my friend would just leave angrier.

when you're in big law they ain't worrying about diiferentiating between partner #189 and #190.

but, if you are an equity partner, you can order the paras to do head bobs and then bill a client for her cab.

Damn I hate how many years it took me to learn that lesson.

Sidd Finch 11-20-2009 06:18 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Greedy,Greedy,Greedy (Post 407761)
You don't understand how freekish boobs might appeal to men? Do you have Sidd and TM on ignore?

I can be tarred with many things. Liking freakishly large boobs is not one of them.

PresentTense Pirate Penske 11-20-2009 06:25 PM

Re: Nwtf
 
Quote:

Originally Posted by Hank Chinaski (Post 407772)
but, if you are an equity partner, you can order the paras to do head bobs and then bill a client for her cab.


Right on, although don't forget the private bath with bidet in your corner office.

PresentTense Pirate Penske 11-20-2009 06:25 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by Sidd Finch (Post 407776)
I can be tarred with many things. Liking freakishly large boobs is not one of them.

Define "freakish"?

LessinSF 11-20-2009 06:33 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by PresentTense Pirate Penske (Post 407779)
Define "freakish"?

Stick "megaboobs" into Google images.

Hank Chinaski 11-20-2009 06:41 PM

Re: Nwtf
 
Quote:

Originally Posted by PresentTense Pirate Penske (Post 407778)
Right on, although don't forget the private bath with bidet in your corner office.

Can't respond in detail right now- I'm drafting an email telling all the non-corners that I am taking a bonus equal to 10% of their comp in lieu of their Nov and Dec bonii.

P. what do you want for Xmas?

PresentTense Pirate Penske 11-20-2009 06:41 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by LessinSF (Post 407780)
Stick "megaboobs" into Google images.

There was a range of boob sizes that popped up, npi, on the first page, some, which are a little too much (eg, Maxi Mounds), but others of which are fine (eg: Daphne Rosen). with me.

I like boobs!

Hank Chinaski 11-20-2009 06:46 PM

Re: instead of plating other shit they probably complained to god about the dead pota
 
Quote:

Originally Posted by PresentTense Pirate Penske (Post 407782)
There was a range of boob sizes that popped up, npi, on the first page, some, which are a little too much (eg, Maxi Mounds), but others of which are fine (eg: Daphne Rosen). with me.

I like boobs!

well, your head is preternaturally large, but remember, sidd's a pinhead.

ltl/fb 11-20-2009 08:05 PM

Re: Look at it. Study it. Commit it to Memory. Savor it again and again.
 
Quote:

Originally Posted by ThurgreedMarshall (Post 407756)

No savoring here.

ltl/fb 11-20-2009 08:17 PM

Re: Welcome back E/O, leagl and Fringey: no one say the name "Penske" 3 times in a ro
 
It appears my last post, slightly over a year ago, was about curves.

taxwonk 11-20-2009 11:55 PM

Re: Chimney Sweep
 
Quote:

Originally Posted by greatwhitenorthchick (Post 407605)
Here is the ugly truth. If he has not called you yet (Friday) for this weekend, he is (and I hate to recite the title of two lame romantic comedies in the same paragraph, but I'm going to anyway) just not that into you. If he were that into you, he would have booked you for the weekend well in advance. I have learned this the hard way (another excellent movie title). I apologize if it sounds like I am being a bitch.

You should date a whole bunch of men right now. The best way to get over a man (the LMA) is under many others.

Which movie is this line from?

taxwonk 11-21-2009 12:25 AM

Re: Nwtf
 
Quote:

Originally Posted by ThurgreedMarshall (Post 407711)
Uh, read it again. They have to pay money out of their pocket for the right to not get a bonus. You want to make a capital contribution for the right to continue being a partner? You need to come up with 15% of your base pay. That's a lot of fucking money.

TM

I can't figure out who would be the bigger asshole: the one who tries to shove this deal up the nonequity partner's ass or the nonequity "partner" who would be willing to take it up the ass.

sebastian_dangerfield 11-21-2009 12:05 PM

Re: Nwtf
 
Quote:

Originally Posted by taxwonk (Post 407787)
I can't figure out who would be the bigger asshole: the one who tries to shove this deal up the nonequity partner's ass or the nonequity "partner" who would be willing to take it up the ass.

They do it in health care all the time. You don't magically "become" a partner in a medical practice. You buy in. Law's always struck me odd in the way it awards partnership. Why not take the concept a step further and let people who want to invest buy a partner slot? This would provide two benefits:

1. Cash;
2. A hell of a lot less attrition among partners; and
3. A stable of people who could probably bring in a lot of portables quickly (a younger lawyer with enough cash to buy a partnership seat in a big firm would have to have a load of connections to serious business).

Of course, there'd have to be a baseline merit assessment as well, but that's a given.

(Yes. I know the comeback. Why would anyone want to? All I can say to that is, hey, if a person wants to buy a bad product, there's no law against selling it to him w/full disclosure.)


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