A major problem for the biggest law firms is maintaining ever - rising partner salaries, which have risen exponentially in the past 25 years. (lawyerist.com)
Moving from a significant partner salary to a setting up your firm can be daunting. (justis.com)
So I made them an offer: I would pay 100 percent of my own moving costs, I would join at a reduced partner salary (I know that $ 170,000 is not small by most standards, believe me), and if we didn't raise another fund they wouldn't have to pay me anything else. (inc.com)