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How much do I need to buy-in as partner at a Big 4 firm? What is a partner ‘buy-in’ and how does a partner buy-in work in a Big 4 firm? I’m Heather Townsend, author of Poised for Partnership and co-author of How to Make Partner & Still Have a Life. I’m the leading global expert…
Why do professionals want to know how to make partner at a Big 4 firm? How to make partner at a Big 4 firm? This is often seen as the pinnacle of achievement for any accountant or consultant; a title that many strive for throughout their whole career. In the last part of this two-part…
When a lawyer “makes partner,” they stop being an employee of the firm who is paid a salary. They become a part-owner of the firm and share in the firm’s profits and liabilities. But what does it really mean to be a partner at a law firm? I’m Heather Townsend, author of Poised for Partnership and co-author…
Do you really want to make partner? Making partner is the ultimate career milestone that many employees at law firms and investment banks strive for, but it’s not as lavish as it seems. To show you both sides of the golden coin, here is the true cost of making partner. I’m Heather Townsend, author of…
When lawyers make partner they transition from an employee of the firm to a self-employed individual who owns a share in the firm. This means that the way they get paid is very different. To address the question “how do law partners get paid?” here is a quick breakdown of how the compensation system works….
How do you ask for a promotion and really, actually get it? And how do you do it smoothly, without looking too eager? Do you feel like you are ripe for a promotion? Do you think you have what it takes to take on this new role in the company? Is it time for you…
How do you make time for business development when you have a full day – especially if you are a lawyer? As you start to go up the ladder, on the way to making partner, your responsibilities get bigger. And with a full day, how do you ensure that your career still moves forward and…
How do you not get overwhelmed when planning your career goal from senior manager to partner? Planning to get to the next stage of your career can be overwhelming, especially when you are on a track from being a senior manager to partner. So how do you not get overwhelmed? How do you handle the…
How do you know when you’re ready to progress to partner? When is the right time to move forward in your career? There are really no tell tale signs that you are ready to take that partnership route. But most of the time, you will know when you should be moving forward in your career…
It’s the time of the year for performance reviews. And when it comes to performance reviews, you have to know how to get the best out of that review for your career growth. So, how do you prepare for a performance review in a way that you will get the best out of it and…
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