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Partner Track

Posted: Tue Jan 13, 2015 3:55 pm
by 15 styx
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.

Re: Partner Track

Posted: Tue Jan 13, 2015 10:16 pm
by dixiecupdrinking
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.

Re: Partner Track

Posted: Tue Jan 13, 2015 10:24 pm
by Anonymous User
7 full years (plus your stub year) at my biglaw firm.

Re: Partner Track

Posted: Tue Jan 13, 2015 11:05 pm
by Anonymous User
CSM and DPW are both on 8 year tracks now moved up from 7 a few years ago.

Re: Partner Track

Posted: Tue Jan 13, 2015 11:30 pm
by mvp99
I interviewed at v5s with 10+ associates so I guess some of them get to stick around for awhile..

Re: Partner Track

Posted: Wed Jan 14, 2015 11:21 am
by 15 styx
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.

Re: Partner Track

Posted: Wed Jan 14, 2015 8:10 pm
by Lacepiece23
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.

Re: Partner Track

Posted: Thu Jan 15, 2015 2:59 pm
by Anonymous User
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.

Re: Partner Track

Posted: Fri Jan 16, 2015 5:26 pm
by Dafaq
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.

Re: Partner Track

Posted: Sun Jan 18, 2015 3:48 pm
by 15 styx
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.