Why wouldn't you want to make Partner? Forum
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- jmjones
- Posts: 47
- Joined: Sat Nov 07, 2009 12:51 pm
Why wouldn't you want to make Partner?
Why wouldn't associates bleed to make partner? What other jobs can there possibly be for a mid-level associate who's used to making hundreds of thousands of $$$?
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Re: Why wouldn't you want to make Partner?
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Last edited by Anonymous User on Sun Sep 26, 2010 4:25 pm, edited 1 time in total.
- edcrane
- Posts: 318
- Joined: Wed Feb 06, 2008 11:28 pm
Re: Why wouldn't you want to make Partner?
Some in-house positions are fairly lucrative. I wonder what happens to litigators, though.jmjones wrote:Why wouldn't associates bleed to make partner? What other jobs can there possibly be for a mid-level associate who's used to making hundreds of thousands of $$$?
- underdawg
- Posts: 1115
- Joined: Wed Oct 24, 2007 1:15 am
Re: Why wouldn't you want to make Partner?
i don't think anyone would really rather be an associate than a partner. i think lots of people would rather bill 2300 or whatever as a midlevel than bill 3000 as a midlevel (and do all sorts of business promotion type stuff to impress the partners)...and some people want to bounce as soon as possible.
Last edited by underdawg on Sun Jan 28, 2018 11:55 am, edited 1 time in total.
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Re: Why wouldn't you want to make Partner?
It's hard to make partner....very hard....From the informal conversations I have had with partners hard work is not enough, good work is not enough, only great work for 8+ years will allow you to attain that status and doing great work and billing lots of hours are not the same thing, you need both to make partner.
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Re: Why wouldn't you want to make Partner?
At big firms, the majority of people, even the majority of people who want to make partner, won't make partner. Therefore you have two choices:
1) work yourself to death for 8-10 years hoping against odds that you get tapped for partner from among many of your peers who worked just as hard. (SInce this decision will be made on how well you're liked, internal firm politics, and your ability to bring in clients, hard work won't make it more likely--and there's really no way to predict it)
2) do the math, realize your odds at partnership are terrible no matter how hard you work, and look for an alternative path early. (For many this just involves taking a step down the law firm food chain to a less prestigious firm, and becoming partner there.)
1) work yourself to death for 8-10 years hoping against odds that you get tapped for partner from among many of your peers who worked just as hard. (SInce this decision will be made on how well you're liked, internal firm politics, and your ability to bring in clients, hard work won't make it more likely--and there's really no way to predict it)
2) do the math, realize your odds at partnership are terrible no matter how hard you work, and look for an alternative path early. (For many this just involves taking a step down the law firm food chain to a less prestigious firm, and becoming partner there.)
- ResolutePear
- Posts: 8599
- Joined: Fri Jul 02, 2010 10:07 pm
Re: Why wouldn't you want to make Partner?
3) Even if you succeed in making partner, it won't be equity.Renzo wrote:At big firms, the majority of people, even the majority of people who want to make partner, won't make partner. Therefore you have two choices:
1) work yourself to death for 8-10 years hoping against odds that you get tapped for partner from among many of your peers who worked just as hard. (SInce this decision will be made on how well you're liked, internal firm politics, and your ability to bring in clients, hard work won't make it more likely--and there's really no way to predict it)
2) do the math, realize your odds at partnership are terrible no matter how hard you work, and look for an alternative path early. (For many this just involves taking a step down the law firm food chain to a less prestigious firm, and becoming partner there.)
- underdawg
- Posts: 1115
- Joined: Wed Oct 24, 2007 1:15 am