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google carrot and stick. also, you’re most likely competent and the like, but the odds are the odds. if they’re in your favor, yay. if they’re not, meh. and, most importantly, don’t let your head inflate.
You need a champion and be in a preferred practice group—someone with power and clout or preferably a group of such people pulling for you and pulling quite hard or hard by implication. And the Champion is not always the partner (or lone partner) with a great book of business because that person can often times be more focused on themselves rather than you. Being “on track” is not enough. I was considered a superstar in my circle of the firm and told for over 2 years I was being put up for partner, but was not in the favored practice group so it did not happen. My group had plenty of work and were growing—4 to 5 million of business at the time 15 years ago with one partner and me as the senior folks in my close knit group and me working with other partners too. The final straw was when 15 or so structured finance and 2 litigation folks made partner, but not me, and I am the one that moved to New York to make it easier at the firm’s request! And how many of those structured finance folks were service partners that had no hope of getting or growing their own book of business! I was pissed, was open about it, told them I was looking to leave, and they were telling me to stay. I don’t think they believed me or really cared in the whole scheme of things. So, I left within 3 months for a partner position and my group of 5 followed me as we were close knit and the business was very dependent on me at the time—actually once I had an offer, the partner told me to hold off so we could leave together which we did. Sometimes you have to leave as it is much easier to leave and be brought in as a partner than it is to get promoted into partner. The system sucks in this regard too.
Mentor
I ended up not making it, and I was told multiple times that I would be put up (never was). Being told you’re on track to become partner at my firm just means you’re in the group potentially being considered. Most of my group was told they were on track and 3 people made it in the last 15 years. I stopped trying after more junior people were put up because of “other firm priorities.”
Was told for about a year and a half my firm anticipated I’d be a partner there before it happened. Was worried it was just a substitute for larger raises/bonuses until it happened though.
Subject Expert
That message means that right now you’re doing what you need to be doing to keep yourself on track. But you still need to develop, because the job of a partner is way different than the job of a senior associate and you need to show you can function as a partner to get advanced. As C1 said there are also factors that you can’t control but that weigh on the decision.
Here’s a post from a few weeks ago outlining what you’re going to need to get elected:
https://joinfishbowl.com/comment_aartqhndp3
Good luck. And as someone else said don’t let the message go to your head.