{"id":109347,"date":"2025-02-26T23:02:35","date_gmt":"2025-02-27T07:02:35","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/02\/26\/want-to-be-a-biglaw-equity-partner-good-luck-with-that\/"},"modified":"2025-02-26T23:02:35","modified_gmt":"2025-02-27T07:02:35","slug":"want-to-be-a-biglaw-equity-partner-good-luck-with-that","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/02\/26\/want-to-be-a-biglaw-equity-partner-good-luck-with-that\/","title":{"rendered":"Want To Be A Biglaw Equity Partner? Good Luck With That\u2026"},"content":{"rendered":"<figure class=\"wp-block-image alignright is-resized\"><img data-recalc-dims=\"1\" height=\"413\" width=\"620\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2024\/11\/money-briefcase-GettyImages-157673950-620x413.jpg?resize=620%2C413&#038;ssl=1\" alt=\"\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><em><u>Ed. note<\/u>: Welcome to our daily feature, <a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>The bar is constantly getting higher and higher to become an equity partner at a law firm, and I don\u2019t see that changing<\/strong>.<\/p>\n<p class=\"has-large-font-size\"><em><strong><i>\u2014 <\/i>\u00a0<\/strong><\/em><strong><em>Jeff Lowe, senior managing partner and market president for Washington, D.C., consulting firm CenterPeak, in comments given to the <a href=\"https:\/\/www.law.com\/americanlawyer\/2025\/02\/25\/as-profits-skyrocket-law-firms-maintain-equity-tier-exclusivity\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">American Lawyer<\/a>, on the difficulties associated with becoming a Biglaw equity partner. With billing rates higher than ever before, firms have been able to make more revenue, and thus more profits per equity partner. Some firms are still none too eager to share the wealth, which has given rise to the nonequity partnership tier across Biglaw.<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?w=1080&#038;ssl=1\" alt=\"Staci Zaretsky\" class=\"wp-image-441281\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"mailto:staci@abovethelaw.com\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2025\/02\/want-to-be-a-biglaw-equity-partner-good-luck-with-that\/\" rel=\"nofollow noopener\" target=\"_blank\">Want To Be A Biglaw Equity Partner? Good Luck With That\u2026<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n<figure class=\"wp-block-image alignright is-resized\"><img data-recalc-dims=\"1\" height=\"413\" width=\"620\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2024\/11\/money-briefcase-GettyImages-157673950-620x413.jpg?resize=620%2C413&#038;ssl=1\" alt=\"\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><em><u>Ed. note<\/u>: Welcome to our daily feature, <a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>The bar is constantly getting higher and higher to become an equity partner at a law firm, and I don\u2019t see that changing<\/strong>.<\/p>\n<p class=\"has-large-font-size\"><em><strong><i>\u2014 <\/i>\u00a0<\/strong><\/em><strong><em>Jeff Lowe, senior managing partner and market president for Washington, D.C., consulting firm CenterPeak, in comments given to the <a href=\"https:\/\/www.law.com\/americanlawyer\/2025\/02\/25\/as-profits-skyrocket-law-firms-maintain-equity-tier-exclusivity\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">American Lawyer<\/a>, on the difficulties associated with becoming a Biglaw equity partner. With billing rates higher than ever before, firms have been able to make more revenue, and thus more profits per equity partner. Some firms are still none too eager to share the wealth, which has given rise to the nonequity partnership tier across Biglaw.<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?w=1080&#038;ssl=1\" alt=\"Staci Zaretsky\" class=\"wp-image-441281\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#0f7c7b6e6c664f6e6d60796a7b676a636e78216c6062\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ed. note: Welcome to our daily feature, Quote of the Day. The bar is constantly getting higher and higher to become an equity partner at a law firm, and I don\u2019t see that changing. \u2014 \u00a0Jeff Lowe, senior managing partner and market president for Washington, D.C., consulting firm CenterPeak, in comments given to the American [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":109307,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-109347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/02\/Staci-Zaretsky-NuFGuy.jpeg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/109347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=109347"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/109347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/109307"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=109347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=109347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=109347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}