Quick Question about reaching Partnership...

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BRArk2
Posts: 1
Joined: Mon Aug 03, 2009 5:02 pm

Quick Question about reaching Partnership...

Postby BRArk2 » Sun Aug 16, 2009 6:12 pm

If I work in a NLJ250 Law Firm (ranked btw 150-220) in an office that says it's "Partnership Track" is 7 years... what are my chances of actually landing that partnership? And, just through estimate, how much more is the annual salary? The starting associate is 110K...

Also, if I don't get the partnership, am I fired? Like, is that it? Do they really practice the "Up or Out" method?

I know it's all speculation, I just have no clue what I might be getting myself into.

Thanks!

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reasonable_man
Posts: 2200
Joined: Thu Feb 12, 2009 5:41 pm

Re: Quick Question about reaching Partnership...

Postby reasonable_man » Mon Aug 17, 2009 1:20 am

BRArk2 wrote:If I work in a NLJ250 Law Firm (ranked btw 150-220) in an office that says it's "Partnership Track" is 7 years... what are my chances of actually landing that partnership? And, just through estimate, how much more is the annual salary? The starting associate is 110K...

Also, if I don't get the partnership, am I fired? Like, is that it? Do they really practice the "Up or Out" method?

I know it's all speculation, I just have no clue what I might be getting myself into.

Thanks!


2.5643

User avatar
reasonable_man
Posts: 2200
Joined: Thu Feb 12, 2009 5:41 pm

Re: Quick Question about reaching Partnership...

Postby reasonable_man » Mon Aug 17, 2009 1:51 am

reasonable_man wrote:
BRArk2 wrote:If I work in a NLJ250 Law Firm (ranked btw 150-220) in an office that says it's "Partnership Track" is 7 years... what are my chances of actually landing that partnership? And, just through estimate, how much more is the annual salary? The starting associate is 110K...

Also, if I don't get the partnership, am I fired? Like, is that it? Do they really practice the "Up or Out" method?

I know it's all speculation, I just have no clue what I might be getting myself into.

Thanks!


2.5643


Shit.. I forgot to carry the one... TCR is 2.5721




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