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Law firms, already struggling with diversity among their new partner ranks, are likely to face even higher hurdles as the number of overall promotions falls nearly 30 percent since 2015.
February 05, 2019 at 03:52 PM
1 minute read
The original version of this story was published on The American Lawyer
Life in Big Law was good in 2018, from record-breaking revenues to highs in profits per partner. But appearances can be deceiving—at least for associates hoping for a promotion.
Despite the cash windfall, the prospects of making partner look bleaker and bleaker. Since 2015, the total number of partner promotions among Am Law 200 law firms has fallen 28.8 percent.
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