Quality performance is no longer the single most important issue in deciding whether to promote associates to partner status. Various factors, including economics, business origination ability and potential, available workloads, whether the practice area can support another partner and who else will be a candidate for admission to partnership in the near future need to be considered.

No longer can firms afford to have partners who are unable to pay their own way. In fact, many firms expect their partners to work harder and are evaluating performance accordingly.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]