Partner Track

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Partner Track

Poll ended at Thu Feb 12, 2015 3:55 pm

3 Years or Less
2
5%
4 Years
2
5%
5 Years
3
8%
6 Years
2
5%
7 Years
8
21%
8 Years
7
18%
9 Years
6
16%
10 Years or more
8
21%
 
Total votes: 38

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15 styx
Posts: 81
Joined: Mon Oct 13, 2014 5:04 pm

Partner Track

Postby 15 styx » Tue Jan 13, 2015 3:55 pm

We just had a 5th year promoted to partner. We have others (+6 years and counting) who have not hit the partner track. On the other hand I know of others who were made partner before their 5th year. That noted, how long did it take you to make partner? Or, how long did it take people you know (or know about) make partner? As unscientific as this is, I am just curious. Details are encouraged,

This is for firms with over 25 attorneys but not more than 500 attorneys.

dixiecupdrinking
Posts: 3139
Joined: Sun Oct 26, 2008 2:39 pm

Re: Partner Track

Postby dixiecupdrinking » Tue Jan 13, 2015 10:16 pm

15 styx wrote:We just had a 5th year promoted to partner. We have others (+6 years and counting) who have not hit the partner track. On the other hand I know of others who were made partner before their 5th year. That noted, how long did it take you to make partner? Or, how long did it take people you know (or know about) make partner? As unscientific as this is, I am just curious. Details are encouraged,

This is for firms with over 25 attorneys but not more than 500 attorneys.

25 to 500 attorneys is an enormous range. Biglaw standard is 8 years. Smaller firms will vary dramatically.

Anonymous User
Posts: 273254
Joined: Tue Aug 11, 2009 9:32 am

Re: Partner Track

Postby Anonymous User » Tue Jan 13, 2015 10:24 pm

7 full years (plus your stub year) at my biglaw firm.

Anonymous User
Posts: 273254
Joined: Tue Aug 11, 2009 9:32 am

Re: Partner Track

Postby Anonymous User » Tue Jan 13, 2015 11:05 pm

CSM and DPW are both on 8 year tracks now moved up from 7 a few years ago.

mvp99
Posts: 1384
Joined: Fri Mar 14, 2014 9:00 pm

Re: Partner Track

Postby mvp99 » Tue Jan 13, 2015 11:30 pm

I interviewed at v5s with 10+ associates so I guess some of them get to stick around for awhile..

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15 styx
Posts: 81
Joined: Mon Oct 13, 2014 5:04 pm

Re: Partner Track

Postby 15 styx » Wed Jan 14, 2015 11:21 am

Early tab is a bit surprising to me. I thought 4-6 years would carry the day with firms with fewer than 500 attorneys.

I actually just wanted this poll to be for less than 100 attorney firms (paralleling my firm) but then I thought it would limit the response. Anyway, hopefully more to come.

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Lacepiece23
Posts: 835
Joined: Thu Oct 27, 2011 1:10 pm

Re: Partner Track

Postby Lacepiece23 » Wed Jan 14, 2015 8:10 pm

It took my mentor 10 years at Biglaw in a secondary market. Thats for Fixed Share Partner. Going to be an additional 4-5 for equity. The earliest he could have made it was year 8 I believe. Although it seems that QOL is better so they don't have the same problems retaining midlevels.

Anonymous User
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Re: Partner Track

Postby Anonymous User » Thu Jan 15, 2015 2:59 pm

At a firm of about 30 attorneys in two separate cities. It really varies here (and is almost entirely dependent on the business you bring in), but the shortest partner-track here was six years, the longest being 12. So, I voted nine.

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Dafaq
Posts: 354
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Re: Partner Track

Postby Dafaq » Fri Jan 16, 2015 5:26 pm

Going back a few months to a discussion with two seasoned associates at a V10 (or so). They claimed that the Partner track for BL might take twice as long but the outcome is an annual income of a million plus. Successful run-of-the-mill Boutiques are likely to be 4-5 years but the pay is often limited to 400-500k. If true, that works for me.

The partner I mainly work for made it in 6 years. So I posted 6.

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15 styx
Posts: 81
Joined: Mon Oct 13, 2014 5:04 pm

Re: Partner Track

Postby 15 styx » Sun Jan 18, 2015 3:48 pm

Given that I thought the partner track opened up in 4-5 years, it’s a bit disappointing that 75% have to wait 7+ years. Granted this poll is as unscientific as it gets, nevertheless, it still could be realistic.




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