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Reply to "Law Firm Associates Who Were "Let Go" : Did You See It Coming?"
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[quote=Anonymous]That is the model because associates need to be profitable to make partner, so bring in enough receivables (client must have paid) from their billing to be over and above the cost of their salary, benefits and overhead. Usually at least $100,000 more for a few years. So if you are just middle of the barrel, then I doubt you are achieving this. They jus don't hand out partnerships. It is still a business like anything else and this happens to be the model. So it is what you signed up for when you join a firm. Out of there class of 24 associates I started with in my DC office, only 1 made partner.[/quote]
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