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Old 12-04-2011, 01:19 AM
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Originally Posted by Unregistered View Post
do most lawyers get to make partner, as long as they stay in law long enough?
Junior partner yes, but not equity partner. You only need to stay six to eight years for the firm to make you a junior partner, but it can be a decade or never for equity partner. If you are not bringing in business, the firm has no incentive to give you a share of the profits.

But I should add that even for junior partner, it's a big IF whether you stay long enough. The attrition rate is over 50% three years post-call, and beyond five years, close to 80%. Some will leave the profession completely, many will move in-house, and others will join the legal service.


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