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If one becomes an equity partner. Then is the income permanent for a lifetime (firms profit)?
Can a partner be fired from a law firm. Is life when you become one?
I'd say partners are more likely to be fired. The buck stops at them. Plus they are also responsible for revenue. Many of the exits you'd see (including those in the annals of LI) are fueled by failures to meet targets.
Wow...having lived through the above stages, cannot agree more, sadly.
A partner's stress is much, much more than an associate's. In fact the stress only increases as you climb higher in a law firm
No offence, but you understood everything wrong. Sorry to burst your bubble.
Could you name the firm and if you aren't comfortable doing so, could you name some similar firms' names?
It's not more likely wtf, becoming partner is just sticking around, designation is tougher than clearing upsc bhai
Lol konsi designation is tougher than upsc ever tried clearing upsc pre only?
Yes tried it for 2 years, then worked with a new senior who told me their story. It's literally a very dreadful path along corruption, abuse of power, literal institutional discrimination and violence at all levels and the most unethical things I've heard in my life.