u/Cool-Associate33

▲ 3 r/biglaw

GP vs LLP

I’m a 7th year associate at a biglaw firm, and while I am not sure that I want to be partner, it is a very real possibility within the next few years. The firm that I am currently at is a general partnership. I have never worried about this previously because it does not make a difference for associates. However, with partnership on the horizon, I am wondering if I would be better off moving somewhere that is an LP or LLP.

Has anyone else factored this into the decision of where to work? Realistically, my current firm is probably well funded enough and carries enough insurance that it would not ever be an issue. But just wondering what others think.

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u/Cool-Associate33 — 4 days ago