Is the law firm partnership losing its appeal?

Law firm partnerships are losing their appeal according to a recent survey of associates in UK law firms.

According to the survey, only 25 percent of associates now see themselves becoming partners within the next five years, signaling a shift in career goals within the legal sector.

The survey revealed a disparity between the views of senior leaders and associates regarding loyalty and career ambitions.

Although 72 percent of senior leaders perceive the current generation of associates as less loyal—a figure that rises to 81 percent among leaders at medium to large firms—75 percent of associates still see their future in private practice, with 58 percent wishing to stay with their current firms.

Read more here