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50 is a good rule. Not hard and fast but later than that Is rare.
But this is why we sometimes have very senior leadership join as a Managing Director. They are able to structure a compensation package to offset the fact the person will not be able to vest the partner retirement package.
Rising Star
Yes, there are max ages for admittance. For example I believe under 50 at PWC for equity partner due to pension vesting and mandatory retirement at 60