Big Law Life #65: Winning the Credit Origination Battle - Strategies for Big Law Partners
In this episode, I break down the key issues surrounding origination credit, how firms allocate it, and the strategies you need to advocate for your fair share. Whether you’re an equity partner, a non-equity partner, or a rising attorney thinking about your future, this discussion provides essential insights to help you navigate the often opaque world of credit allocation.
Origination credit is one of the most critical factors determining compensation, recognition, and career advancement in Big Law—but many lawyers don’t fully understand how it works until they hit roadblocks.
I explore the different models firms use, the impact of origination credit on client relationships, and how to handle situations where credit is unfairly withheld. You’ll also hear about practical approaches for protecting your interests and ensuring that your contributions are recognized.
At a Glance:
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00:00 Introduction: Why origination credit matters
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01:20 The key role of origination credit in compensation and promotion
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02:30 How firms allocate credit and why policies are often vague
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05:15 Strategies for partners to claim and negotiate origination credit
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07:30 How firms use multiple client numbers to distribute credit
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09:10 When to escalate disputes over credit allocation
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12:00 Should you ask clients to intervene on your behalf?
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14:05 The risks of firms failing to update credit allocation policies
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Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her:
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Show notes: https://www.lauraterrell.com/podcast