How Long Should It Take to Make Partner?

hourglass on money backgroundYour top candidates might not want to wait.

By Marc Rosenberg
The Role of the Managing Partner

Accounting Today published a very interesting piece of research titled “The Long Path to Partner.” The polling question: How many years does it take to make partner at your firm?

MORE: How a Good Managing Partner Impacts Profitability | The 9 Biggest Merger Pitfalls | 10 Ways to Hold Partners Accountable
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The results:

  • Less than 5 years: 9%
  • 5-7 years: 12%
  • 8-9 years: 12%
  • 10-13 years: 30%
  • More than 13 years: 17%
  • Don’t know: 20%