Breaking Down the Bar

Jeremy Ellergodt

Is Partnership Worth It?

SEP 8, 202615 MIN

Description

In this solo episode, Jeremy tackles a question almost every ambitious associate eventually asks: is making partner actually worth it? Speaking candidly from his own experience, he breaks down both the upside and the real costs of partnership - the flexibility and autonomy it brings, the chance to help build and shape the business of the firm, and yes, the money - along with an honest look at how differently partner compensation actually works across firms. But Jeremy is equally direct about what associates often don't see coming: the slow financial ramp-up in the early years of partnership, the new expenses that come with buying in, and the shift from thinking like a high-performing associate to thinking like an owner. He closes with a set of practical questions every associate should ask themselves before chasing the title, including not whether they want to be a partner, but whether they actually want the day-to-day job a partner has at their specific firm. Breaking Down the Bar is hosted by Jeremy Ellergodt. Produced by Jess Schmidt: https://www.jessdoespodcasting.com/ Edited by Morgane Chambrin: https://www.morganechambrin.com/