I'm sure this heavily firm and individual dependent, but generally what happens to seniors who don't make partner at market firms? Are they pushed out? After when? And what are the general exit options?

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Very firm specific. If they have a niche, they might stay as associates indefinitely or get an in between title like counsel. Many will get told a while before that partnership isn’t happening and that they’ll have a lengthy amount of time to figure things out. Exit options are the same as any senior associate: government, other firm, in house, leaving law entirely…

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Some become permanent counsel or non-equity partners in firms that have NEPs. Others move in house or to government.

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Also, would appreciate anecdotes of what seniors who left market firms are doing now

They go to another firm, in-house or do something else.

A lot of people go in house to a client

Varies my firm. Sometimes you can stay in a counsel role. Some places you'll get pushed out.

Everyone at my firm that’s gotten pushed out at the NEP level has gone to be a GC of a client

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