Partnership prospects at a V10 practice group with P:A > 2?

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Partnership prospects at a V10 practice group with P:A > 2?

Postby Anonymous User » Tue Jun 25, 2013 7:29 pm

hi all,

I am about to enter into a V10 with a variety of strong corporate practices, and I have an option to rotate through several of them. I like M&A in theory, but it's obviously over leveraged and very unpredictable hours. I also like a few other groups, one of which is bankruptcy (which the firm is moderately strong in, but not exceptionally renowned for). I enjoyed working in the group last summer and it now has a partner to associate ratio of almost 3:1 (3 partners to every 1 associate). There are only 4-5 associates in the group and around 10 partners. A lot of the partners have been at the firm for 20-25 years.

Does the skewed number of partners to associates ratio increase my odds of improved mentoring, better assignments, and partnership prospects? A lot of the current associates are mid-levels, so I'm wondering if there is something off that I should be worried about. I'm writing this is as a preliminary feeler before I reach out to a mid-level in the practice that I worked with last summer.

My obvious concern is pigeon-holing myself into bankruptcy without any good exit options if I get pushed out down the road.

rad lulz
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Re: Partnership prospects at a V10 practice group with P:A > 2?

Postby rad lulz » Tue Jun 25, 2013 9:16 pm

They may not leverage bankruptcy that much because it's not a big area of the firm or not profitable

In which case no working in BK wouldn't increase you chances of partnership

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Re: Partnership prospects at a V10 practice group with P:A > 2?

Postby AllTheLawz » Tue Jun 25, 2013 9:35 pm

Partnership prospects should not even be a part of your calculus as a first-year. We have a practice group that is band 2 nationally and P:A is pretty close to 2 to 1.. chances of partnership are, like every other practice group, minuscule.

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