Reply to The DC Legal Proletariat Isn't Rich

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Reply to "The DC Legal Proletariat Isn't Rich - the Bourgeoisie Is"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If a DC biglaw partner was childfree & lived in a &lt;$1M house they’d be able to retire by 45.

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Not really.  They would not be a partner till 35-40 so that is not enough time.[/quote]

Most firms start promoting associates to partners around years 7/8. So someone who went straight through UG to law school could be a partner in their early 30s. That’s pretty typical. [/quote]

Those days are long over. 1. Less people go straight through so they are 28 or older as a first year. 2. It would be rare to make partner earlier than 10 years at a good firm.  In fact, more like 10-12 or more. [/quote]

And the top associates also did 1-2 years of clerkship.  And many DC Big Law partners do a stint in government to get regulatory experience.  The add on at least as 2-4 years as an income partner before making the jump to equity.

12 or more years post law school is much more common than 7.  [/quote]

I find more people from my top law school who made partner went straight through.  Older people prioritized work-life balance and went in house much earlier, at quite prestigious positions fwiw.[/quote]

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