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LegalGround >> wat is a "matters attorney"


5/11/10 10:11 AM
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goku
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 and wat is the benefit of being one?
5/12/10 11:17 AM
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Cookie Monster
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It matters not.
5/12/10 11:46 AM
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goku
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 ?? no im serious...

i know what an originating attorney is...what is a matters attorney and responsible attorney?
5/13/10 10:42 AM
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Fake Pie
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My understanding is matter originating or client responsible is the rainmaker guy who brought the client in.

Matter supervising or matters attorney is the attorney who gets the prize of supervising a particular matter. Say the CRA attorney is transactional and his client all of a sudden has a litigation matter, he ain't going to oversee it so he passes that matter off. The litigation partner should get at least matter supervising credit.

Then there is also a billing attorney, he gets to slice and dice the bills.

Our firm had these three, other firms may have more or less. It is a way of getting credit. CRA matters the most. It used to be the guy who had the client would just take all 3 credits for every matter but the firm eventually changed the policy so that triple counting didn't help you so they got a little looser about giving up matter supervising. I got it a bunch of times. Not sure how much it helps a junior associate. It is used for equity to determine their draw and senior associates and junior partners to determine if they should move up.
5/13/10 10:46 AM
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goku
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thanks..so when you say "credit" for an associate, i assume this doesnt mean $$$ 
5/13/10 12:26 PM
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Fake Pie
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Edited: 05/13/10 12:26 PM
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Well, if you were an associate and managed to get originating credit for a lot of money, they should reward you with a sizable bonus since you don't get a draw. If they don't, you should take your clients elsewhere.

But basically figure out how much cash you originated and figure you should get a nice piece of that... same as you would do for your hours x effective rate over 2000.
5/13/10 12:27 PM
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goku
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Edited: 05/13/10 12:27 PM
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not originating, just matters attorney...is it worth anything?
 
5/13/10 2:15 PM
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Fake Pie
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I only know from the associate/jr. partner side it helps you move up. There is too much mystery surrounding how equity partners determine their draws to know if it is a factor there, but I would guess so.
5/13/10 2:28 PM
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goku
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 got it..thx
5/13/10 2:39 PM
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Fake Pie
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Yeah I am not sure you could just call them out for a bonus for supervising some other partner's work as if you brought the cash in yourself. It is another factor I would imagine along with your hours.
5/14/10 4:15 PM
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Cookie Monster
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Wow. Learn something new every day.

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