I was recently appointed salaried partner at my large commercial firm, which usually means a two-year wait before you get promoted to equity.

However, the firm has since said that it will from now on be “discretionary” whether salaried partners are made up after two years. I’m really worried that I will be left in limbo for years, especially since I work in the planning department, which has always struggled to get promotions at our firm. Should I start looking for a new firm?