2024 Bright Insight

02

PARTNER PROMOTIONS Partnership is a significant milestone in any attorney’s career and often brings greater responsibility, more authority, heightened job security and increased compensation; 51% of associates say they see themselves making partner within 10 years . In fiscal year (FY) 2023, 3,706 attorneys in Am Law 200 firms across the world achieved the partnership milestone. 8 While the amount of time it takes to make partner may vary, 2023’s partner cohort was most likely to make partner after their 9th or 10th year of experience. 9

Share of partners promoted in FY 2023 by law school graduation year

16%

12%

8%

4%

0%

2011

2017

2012

2021

2015

2013

2018

2016

2019

2014

2010

2007

2020

2005

2003

2008

2006

2009

2004

Before 2003

52% graduated between 2012-2015

8 ALM New Partner Promotions Survey, January 2024 9 Cushman & Wakefield analysis of ALM New Partner Promotions survey, 2024

Source: ALM New Partner Promotions, 2023

20 | BRIGHT INSIGHT