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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What about becoming a non-equity partner ? Is a book of business required ?[/quote]

Yes, a book of business is required to be any sort of partner.  In fact, having a book of business / brining in new clients is the primary thing which determines who makes partner and who doesn’t.[/quote]
That is not true anymore.  Partner class sizes have ballooned since Covid; at most firms, I would wager that at least half of the associates who stick around get promoted around years 8-10.  And it’s extremely common now to see government line attorneys 8–10 years out of law school lateral to firms as partners.

That said, once you’re a counsel it’s more difficult to move up, especially for government laterals (home-grown lawyers may have a better shot).

Most of these “partners” are non-equity and will never become equity, which does require a book.  [/quote]

Can you give a couple of examples of top firms where half the associates become partners simply by sticking around?  Also “sticking around” is a pretty amorphous concept.  The large majority of associates don’t stick around, and most of the ones who do are sticking around because they’re getting good messages about their partnership prospects.

The implication that if you join Biglaw and simply stick around for the for eight years you have a 50% chance of making partner is ludicrous.[/quote]
Typical new partner class sizes are like 20-30 now, whereas they used to be closer to 10 pre-pandemic.  This is true at most firms except a handful of the very top firms that retain equity-only partnerships.  Making partner used to be exceedingly difficult but that’s no longer the case.  I am not saying it’s easy today, but it’s a realistic, attainable goal.[/quote]

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