Chances of making partner V50 V100 Midlaw ... Forum

[Anonymous User]

Hey guys,

What are the odds of making partner at a V50, V100 or regional biglaw? ie what percentage of people who join the firm will make partner eventually?

At my NLJ250 firm it is roughly 1-7 that make partner.

[FSK]

Its not probability. Its a function of how much business you can build. Firms that support you more in that will obviously have a better shot.

[Frayed Knot]

Just FYI: I don't think the firms you're talking about are what most people on here mean by midlaw. Just as an example, the current V100 firm is Patterson Belknap—a market-paying NYC firm with 200+ attorneys and many more associates than partners. I'd put them firmly in the BigLaw camp.

When people say "midlaw," I tend to think of lower AmLaw 200 firms (or below) that don't pay NY market and have leverage closer to 1:1 (or even have significantly more partners than associates). At those firms, making partner is pretty likely but also has a bit different meaning than at a BigLaw firm.

[patogordo]

0.545774225%

[Johann]

prolly about 50-60% of these people make partner. most of these interviews are conducted with partnership rpospects in mind from the start.

[Old Gregg]

I've done a pretty scientific analysis on this, so here we go:
V1: 0.0002223987%
V3: 0.0010092928%
V5: 0.0029387638%
V10: 0.002948573%
V12: 0.003000001%
V15: 0.003234523%
V20: 0.003332345%
V25: 0.003634345%
V30: 0.005238376%
V40: 0.005343234%
V50: 0.006239346%
V75: 0.007123132%
V100: 0.009231231%
Midlaw: 20%

[patogordo]

I've done a pretty scientific analysis on this, so here we go:
V1: 0.0002223987%
V3: 0.0010092928%
V5: 0.0029387638%
V10: 0.002948573%
V12: 0.003000001%
V15: 0.003234523%
V20: 0.003332345%
V25: 0.003634345%
V30: 0.005238376%
V40: 0.005343234%
V50: 0.006239346%
V75: 0.007123132%
V100: 0.009231231%
Midlaw: 20%

^ dumbest post ever, those stats are only accurate to 4 sig figs

[Old Gregg]

Fucking moron. You have to change standard deviations when you go up a vault tier.

[minnbills]

Pretty sure "midlaw" is well outside of anything vault touches.

[AReasonableMan]

If you get a lot of major clients of your own then it's close to 100 percent. If you get none then it's close to 0 percent.

[patogordo]

If you get a lot of major clients of your own then it's close to 100 percent. If you get none then it's close to 0 percent.

yea and the weighted average is about 0.003%

[Anonymous User]

If you get a lot of major clients of your own then it's close to 100 percent. If you get none then it's close to 0 percent.

yea and the weighted average is about 0.003%

It's much higher than that, but the overall implication is the same: going to any firm expecting to make partner is like going to any TTTT expecting to get big law/clerkship. The difference is that you don't have to attain the crazy goal to have a good career.