AVAILABLE OPPORTUNITIES (312) 781-9000
09 Nov

The American Lawyer: New Partners Survey Highlights (2017)

by: Astor Professional Search

The American Lawyer released its annual New Partners Survey, which included responses from 400 lawyers promoted to firm partnerships in 2015, 2016 or 2017. The report revealed that an overwhelming 88 percent of new partners said their firms adequately prepared them for partnership. Almost 80 percent of new partners who answered the survey said their business development efforts increased, along with their compensation and information they received regarding their firm’s finances.

The ALM survey this year also found that two-thirds of new partners were elevated into non-equity or income partner roles. About 40 percent had spent seven, eight or nine years as associates at the firm where they made partner, and more than half had never changed firms. No single practice area dominated in partner promotions, though litigation represented almost a quarter of the survey pool.

See highlights of the full report and article on The American Lawyer.

Contact Bill Sugarman for more information.

Share it here
Related Posts
01 Jul Biglaw Increases Bring Opportunity for Midsize and Smaller Firms
Biglaw Increases Bring Opportunity for Midsize ...

The announcement of the $2,000 per hour lawyer and the first-year associate starting salaries rising to $180,000 has stirred up a la...

19 Jul Female Lawyers Are Moving Up Faster in #MeToo Era, Report Finds
Female Lawyers Are Moving Up Faster in #MeToo E...

The American Lawyer reports that recent data released by ALM Intelligence shows female attorneys have ascended into Big Law’s ...

08 May How a Select Group of Law Firms Pivoted and Profited After the Recession
How a Select Group of Law Firms Pivoted and Pro...

In a recent article, The American Lawyer takes a deep dive look at the strategies and practices of a small group of firms that ...