Longer than 10. More like 12-15, at least at big 4. I used to work at a big 4 and when a former colleague became a partner at 34, he was one of the youngest people to make partner *ever* at that firm. He started there straight out of undergrad so worked there for 12-13 years or so. |
LOL!!! Spoken like a 1L. |
Please explain. That is also what I heard. ALMOST impossible be fired once you are a big law partner, right? Not saying impossible, but ALMOST impossible. |
You are thinking about the federal government attorneys. Oh, wait..... |
Is this yet another "how much does my new next door neighbor with the big new house make" thread? Tiresome. You do you, OP. Stay in your lane. |
No way, much higher. High six figures crossing to low seven. |
Worked in a big law firm for over 10 years. Never remember a partner being fired. Give an example a big law parter being fired? |
They don't get "fired," but they get pushed out. Look at 2008-2010. Do you think that all of the partners who left Vault 25 firms for shitlaw did so for quality of life reasons? |
There are many ways to push a partner out without technically firing him/her. And it isn’t rare. |
For a junior partner? No. |
It takes years for partners to start earning that much money. Brand new partners seem to be around the 400k range but as PP’s have mentioned, there are definitely issues the first few years when you have to pay partnership costs and taxes. |
400K range? Maybe at mid-level law firms. NOT at top firms. No way. At least, thankfully, not in my experience! |
| Yes, even at top firms. At least the ones that prioritize culture over eat what you kill. And in those firms, only some are making the high 6 low 7 figures as young partners. |
Partners get pushed out of top firms on a regular basis, all the time. It's extremely common. |
Well, I’ve been at my big 4 four 17 years and have to disagree. If you come in with an advanced degree, which almost all do on the tax side, you do 2 years at associate, senior, and manager. Then 3-4 years at director. Then partner. |