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Reasons to reconsider becoming a partner

While there are a number of career choices you can make as a young lawyer, the overall goal for many tends to be partnership. In fact, the majority of practitioners will complete their degree and start their journey towards becoming a partner.

But why has this become the key aspiration for so many young lawyers? What is it about being a partner that is so appealing?

Stop for a moment and ask yourself, is partnership really what you want, or do you just think it is because so many other law professionals deem this to be a mark of success? Before you make your next career move, here are a few things you should take into consideration about partnerships.

With great power comes great responsibility

Firstly, you need to consider the impact being a partner could have on your wellbeing. Working in the law can be stressful enough as it is, without the added pressure of being partner. And ok, you’ll be earning a bigger salary, but does that make up for the additional stress and responsibility?

After all, being partner means taking responsibility for every client, every ethical breach and signing off on every letter that gets sent out. And what happens if something goes wrong? That reflects back on you and you will have to deal with the repercussions. That’s a lot of extra weight to put on your shoulders!

What’s more, if you’re in partnership with other people, other lawyers, you’ll have to answer to them too. You can never take your eye off the ball. Any problems that incur as a direct result of your actions will impact them as well. Therefore, you have to be extra cautious in your decision making.

You don’t want to be responsible for the loss of a large sum of money, for why that client left or for how those documents got misplaced. Otherwise you might find yourself at the hands of more senior partners, and they’re going to want answers!

It’s almost impossible to switch off

As a partner, you’ll always be representing your firm and marketing yourself in order to bring in new clients. And this doesn’t just stop just because it’s Friday! You have to be marketing yourself all the time if you wish to drive your firm forwards.

If your goal when you started your law degree was just to be great lawyer, perhaps it’s a good idea to consider carefully whether becoming a partner is really the right move for you.

You have to keep the team on track

Do you enjoy dealing with complaints? If not, becoming partner might not be for you. After all, have you ever taken note of where any complaints in your firm end up? It’s the partners that have to deal with these and the people involved.

And this is even harder given that everyone has their own opinion and not everyone will always get on. As partner, it is your job to get to the bottom of the problem and fix it. Alternatively, you’ll have to make sure the problem isn’t so damaging that your team cannot function effectively.

Still thinking of becoming a partner?

While it might seem like this has all been very negative up until now, don’t be misled. This is not an attempt to completely put you off partnership. But if you have chosen this career path, it’s important that you know what you’re getting into.

Still think it’s right for you? Consider the issues above and how you’re going to tackle these should you become a partner in the future.   Irrespective of whether partner is for you or not, Law Partners have a range of roles that are suited to you, so make contact today.

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