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Reply to "Biglaw partnership: generational shift or misinformation? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When I was an associate decades ago most associates left the firm before becoming senior associates and every associate I ever talked to said they weren't really interested in being a partner even if they "had a shot at it." Then, like now, it was often a defense mechanism because the odds were so low. And now the odds are even lower. So, yea, you're not going to hear a lot of junior associates admit that they want to be partners -- but every senior associate still at the firm is there because, at least in part, they think they have a shot. [b]And no associate who is actually offered partnership will turn it down.[/b] New century, same way of thinking. [/quote] But this part isn't true. Associates really are turning it down. [/quote] Not very often.[/quote] Far more often than it was 10 years ago. [/quote] Based on what? Your feelings? Anecdotes? Or actual numbers and data? Any associate who actually goes all the way through the associate process and is actually offered partnership and turns it down is an idiot. [/quote] Data within my firm, yes. Associates are staying on much longer in bigger numbers (maybe because the salaries for seniors have gotten so crazy). And when they're told they're going to be voted on, and counseled that their odds are good, they leave, with greater frequency than ever before, and at an accelerating pace. [/quote] Well, I guess we're all just going to have to take your word for it. In my firm, the process is standard, there's a standard amount of time involved, and no one has to be told "they're going to be voted on." I'll confess that I can't understand the logic behind being told "ok, you're going to be voted on, and your odds are good" and then saying "no thanks." And I gotta believe it's not happening all that often. Maybe more so in the past, but still not commonly. [/quote]
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