I’m
a
partner.’
Ed.
note:
Welcome
to
our
daily
feature, Quote
of
the
Day.
Equity
partners
report
the
highest
satisfaction
across
all
measures,
highlighting
a
clear
satisfaction
gap.
[Satisfaction]
generally
rises
with
tenure
overall,
but
longest-tenure
nonequity
partners
are
among
the
least
satisfied,
equity
partners
rebound
after
an
early-career
dip,
and
associates
improve
through
mid-career
before
leveling
off.
— An
excerpt
from
a
Law.com
flash
survey,
where
it
was
revealed
that
across
firms
of
all
sizes,
equity
partners
had
the
highest
levels
of
satisfaction
(with
scores
of
3.8
to
~4.3),
on
a
scale
of
one
(very
dissatisfied)
to
five
(very
satisfied),
while
nonequity
partners
posted
the
lowest
average
satisfaction
scores
on
a
range
of
topics,
including
compensation
(~3.08),
current
standard
rates
(~3.14),
and
more
broadly,
their
current
role
(~3.54).
Kayla
McCaleb,
research
manager
and
compensation
research
lead
for
Law.com
Intelligence,
noted
in
light
of
the
survey
results
that
at
times,
nonequity
partners
“feel
like
glorified
associates.”
Staci
Zaretsky is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to email her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.