Aug

20

Promotions

August 20, 2009 | Leave a Comment

Despite the fact that promotions to Partner at the top 30 firms fell by an average 30% in 2009 the second YouGov legal survey has found that the percentage figure of fee-earners and PSLs with partnership aspirations has risen from 46% in 2008 to 56% this year.

Even more surprisingly, of the 500 fee-earners surveyed  48% thought that this ambition was achievable with their current firm compared with 40% in 2008.

Whilst it is widely accepted that the route to partnership is becoming tougher and tougher, particularly in the light of recent economic events, there is clearly a sense of renewed optimism amongst younger fee-earners.

Partnership is evidently still the logical career goal for the majority of professionals but as the opportunities to achieve this ambition continue to reduce lawyers will have to seek alternative career paths and goals


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