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Relationship Discussion (non-explicit)
Reply to "Marriage dynamics - one vs two income households"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I worked in biglaw for many years. The next 2-3 will determine whether he becomes partner. Is he in a recession-proof area? It is good news that they have talked to him about his path. Things outside of his control could still derail his plans (like the economy tanking and he is a real estate finance attorney), but I would feel pretty good based on what you have said. [/quote] OP the things they said are definitely promising but don’t start counting your money before you get it... This is kind of old but note the “high end” is mid teens: https://abovethelaw.com/2015/08/which-biglaw-firms-promote-the-most-and-least-to-partnership/[/quote] That chart is misleading, though, because it counts all associates regardless of class year (i.e. 1st year through whatever year). A 15% promotion to partner rate is just shy of 1/6. Assuming classes sizes are roughly equal, that means most people in the high rate firms are getting promoted to partner.[/quote] Um, exactly two firms in the AmLaw 200 were at 15% or above. That's the promotingest-of-the-promotingest, not the norm. Trust those of us who know what 1st year through "whatever" actually goes through when we tell you: OP's husband is not likely to make partner. No 6th year can reasonably say they're "likely" to make partner. That's not how it works.[/quote]
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