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Just based off of the size of each hiring class and annual attrition rates I’d imagine the answer would be somewhere between 1-2%

From what I can tell it’s based primarily on business need, i.e. there is a market that the existing partnership cannot adequately sell to. There are obviously exceptions to this, but the point is the numbers are likely very low and don’t actually tell the story of the path to advancement.

I am in an office that hires let’s say 35-40 per year (avg last 10-15) and we prob promote someone every 2 years. So I’d say of the staff that start it’s maybe 1/75.

Of senior managers - it’s probably 1/10 or so?

Numbers are skewed too tho. I started with ~100 people right out of grad school. What % of that start class will even be around for manager, SM, director? Then what % of the people that do stick around will make it? Well 1.5 years later already at least 20 people are gone. Potentially a lot more I just don’t keep up with everyone. By manager? Probably only 20-30% will still be around. If that. So realistically only 5-10% of a start class will even try to make partner. And that could be high

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It’s called, “Reasonable Assurance"

Post Photo
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