ILNews

Survey: Departing partners usually short-timers

IL Staff
November 18, 2013
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A national survey of lateral legal transition released Monday found that 53 percent of partners who left law firms had been there fewer than six years.

ALM Legal Intelligence released the study, “Up or Out: When Partners Have to Go,”  that also revealed a chasm between how partners and firms viewed the split. Among partners, 93 percent said they made the decision to leave, while firms reported 55 percent of departures were voluntary.

Among other survey findings:

  • 77 percent of partners who were pushed out reported hearing about their performance problems for the first time when asked to leave.
     
  •  Only one in ten partners asked to leave got help from the firm to transition to another job.
     
  •  62 percent of the time, lawyers found their newest position through their personal network, compared with those who got their next job through a headhunter 31 percent of the time.


The ALM survey was sponsored by the professional development firm SJL Shannon.
 

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  1. Well, maybe it's because they are unelected, and, they have a tendency to strike down laws by elected officials from all over the country. When you have been taught that "Democracy" is something almost sacred, then, you will have a tendency to frown on such imperious conduct. Lawyers get acculturated in law school into thinking that this is the very essence of high minded government, but to people who are more heavily than King George ever did, they may not like it. Thanks for the information.

  2. I pd for a bankruptcy years ago with Mr Stiles and just this week received a garnishment from my pay! He never filed it even though he told me he would! Don't let this guy practice law ever again!!!

  3. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  4. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  5. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

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