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Old 27-05-2021, 03:43 PM
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Because they don't have to change the structure. Junior (1 - 3 PQE) associates make so much money for the EPs and take only 10% of that for their salary (it's actually usually less than 10% because B4 junior assocs usually go way over their billing requirements). And every year, there will be another batch of eager-to-please trainees coming in to take over whoever just left. And once in a blue moon, you have a guy (and honestly, I have nothing against people who decide to do this - they are usually super nice and really good at their job) who wants to stay 20 years and make partner - there's your continuity right there. Then the department also gets to use that person as a poster boy and talk about how they like to "nurture homegrown talent", while simultaneously overworking their associates with a 90% attrition rate and taking all the money for themselves. It's just the B4 life. Don't feel bitter about it - just use it for the training and brand name, and leave asap for that sweet MC/WS salary.
MLM structure la......

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