https://www.lawyer-monthly.com/2017/10/how-do-i-make-partner/ Legal News Magazine Tue, 16 Jul 2024 11:16:59 +0000 hourly 1 https://wordpress.org/?v=6.6 https://www.lawyer-monthly.com/2017/10/how-do-i-make-partner/#comment-1242 Mon, 15 Jan 2018 15:21:57 +0000 https://www.lawyer-monthly.com/?p=16594#comment-1242 It really does vary so much from firm to firm - as a small firm, we have historically had lawyers become partners after as little as 2 years post qualification. The key for us is mentality - I agree that there are other models now aside from traditional partnership and some will say these are better with similar rewards. Whether partnership or not, surely what is a key factor for success is a team mentality. Many law firms still don't have that, whatever their model. So, for me, my partners have to share my business vision but also need to be committed to working together to foster a team ethic in the firm as a whole.

]]> https://www.lawyer-monthly.com/2017/10/how-do-i-make-partner/#comment-1222 Mon, 16 Oct 2017 12:52:47 +0000 https://www.lawyer-monthly.com/?p=16594#comment-1222 According to research by Origin Legal it takes an average of 10 years to make partner in a top 20 law firm. That’s a decade of exceptional hard work and long hours to reach what used to be this coveted position. The perceived kudos of partnership and the greater financial reward remain appealing despite the pressures that come with it. But for a growing number of lawyers partnership doesn’t make sense where joining a consultant firm does. When they look at the pressure, the politics, the hours and even the salary, the figures just don’t add up. The truth is, for many, partnership is a false victory – simply the beginning of a slightly better paid nightmare. Eversheds found that 39% of junior solicitors believe that the law firm partnership model is outdated, and a third highlighted flexible working as a key concern. There is a better way of working, and partnership isn’t it.

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