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Article Title

THE END OF PARTNERSHIP

Authors

Lawrence J. Fox

Abstract

This Article addresses what the Author believes are “myths” of the large firm legal practice. The author argues that the path to “partner” at a large firm provides neither a path nor anything that resembles a real partnership. The Article addresses four reasons to support this statement. The author believes that attaining partnership brings a person to a position where they still work many hours, do not receive a big elevation in status, have no sense of tenure, and must have a very large book of business. The Authors believes that it is not young associates who will be wanted for partnerships, but instead the so-called lateral partner. They Article concludes by noting what this new path means for the legal profession as a whole.

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