22 Sep, 2021

WHY YOU WILL NOT MAKE PARTNER AT YOUR CURRENT FIRM

It’s almost the end of September….

While it’s important to keep your career goals in mind all year long, Q4 is approaching and we’re heading into bonus and promotion season.  Are your expectations realistic based on your performance and the firm’s stats?  It’s time to take a closer look…

I created the “Langer Search Partner Checklist” to highlight the areas to consider if you’re committed to making partner.  These are the most common things I see attorneys struggling with while trying to make partner at their current firms.  Go through it and give yourself an unbiased rating.  Of course, I’m always here to hash it out with you as well.

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YOUR REPUTATION:

Are you getting stellar reviews? How many partners will go to bat for you?  What are your strongest and weakest areas?

YOUR BOOK OF BUSINESS:

What does your client list currently look like?

YOUR PRACTICE AREA:

What is your firm’s most profitable practice area?  Is it yours?

YOUR GROUP SIZE:

How large is your particular group? How many people are ahead of you? How many others in your class are also trying to make partner?

YOUR OFFICE:

Are you in the main hub or a satellite office?

HISTORY OF PARTNERS:

How many people have been made partner at your firm in the past 5-10 years?  Has the firm brought in partners from other firms with no business?  Do they value promoting from within?

PARTNER PROFITS:

What are the partner profits? This correlates *directly* to the firm’s ability to promote you.

ORIGINATION CREDIT:

Do you get origination credit?

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