zlacker

>>kisna7+(OP)
I work in a law firm that will fire great attorneys. It's part of the big law business model. Up or out and very few get up'd into partnership. So eventually you get fired (after 8-12 years depending on firm.)

So I know eventually my ass will get fired. It's just a matter of when.

I don't really understand it. But it's how the industry works.

Edit: 8-12 is for unambiguously great attorneys. A lot of decent attorneys get shown the door after 4-6 years. People who can't hack it (usually because they won't put up with be worked like a slave) will only make it 2-4 years. A lot of people quit.

>>rhino3+p5
At 8-12 years do you get paid more than a new hire? Seems a "good" way to keep costs down, having the bulk of work done by the new guys - and a few partners to oversee everything.

The downside is the average experience of your employee is going to be a lot lower, but that must not be the top goal of the law firms that employee this.

>>brianw+26
Just one example of a big law firm in NY:

http://www.lawfirmstats.com/firms/Willkie-Farr-Gallagher/all...

Newly hired attorneys make US 160k, while those 8 years in typically make US 280k.

There's a little bit of movement if you've changed firms, but there's a good chance if you work for a big law firm you're in this ballpark.

A partner's comp is structured differently.