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[quote=Anonymous][quote=Anonymous]NP. How realistic is it for a person straight out of law school to build a book of business in 7-8 years? And is that a prerequisite to make partner? If necessary, then what happens to the person who does excellent work for her partner, but in the time frame hasn't been able to build a book?[/quote] Depends on firm. In the really big firms, no one of that level is developing a book (or not a big enough one anyway). Those firms have huge institutional clients and they don’t just give their millions of dollars of work to a firm because they like an 8th year lawyer. To make partner in one of these firms, you need to survive the years before as an associate (many do not), and have partners in the firm who sponsor you and have enough power within the firm for that to be useful. When you’re considered for partnership at these firms, it’s about making a business case for yourself, not about having the book already, but the business case is heavily dependent on the aforementioned partner sponsorship and relationships, as well as whether the firm is trying to build the practice area in question, and whether it makes sense strategically to add another partner. [/quote]
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