What is the main reason for seniors (like senior associate with 8-10 yoe) to quit BL?

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Desire to live past 45.

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Realizing you never want to be as miserable as the partners you work for !!!!!

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Have built up a sufficient investment portfolio to move to a more lifestyle friendly job without taking a lifestyle hit.

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This.

I tend to think people give too much weight to the “pushed out” narrative. I’m a senior who will be getting out soon. There is not even the slightest indication I’m not performing as expected (in fact, signals point in the opposite direction). The reality is that I’m leaving because (i) I don’t want to do it anymore and (ii) my financial circumstances don’t tether me to the job.

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Burnout and realizing the job of a junior partner is even worse than being an associate.

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No chance of promotion.

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I don’t really see this actually happening around me. Most people don’t want partnership, and the firms will let people take Counsel positions or stay associates for seemingly forever.

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Up or out firm policy (usually unofficial). Firms make a lot more money off junior/mid-level associates. If they have too many seniors, it’s not good for the bottom line l, so they gradually get pushed out.

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Seeing the miserable seniors above them make partner and realizing they don’t want to be stuck working with those people for 30 more years

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Retire before partner LFG!

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Learning what the salary difference is yo partner and/or the extra non billables that come with the consistent expectations for billables that dont really decrease… and the finding some things might be different at some firms but not materially so.

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C3 - Yep. I had a family member that retired as “big time” partner at “big time” firm (like everyone in city knows his name) basically “counsel” me to think long and hard if being partner was worth it. Used to be in some firms they didnt give them option for counsel or staff attorney or of counsel - it was up or out.

You realize you forgot your kid’s name (again)

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