News The truth about partnerships By The Lawyer 14 April 2008 00:57 14 December 2015 01:20 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 15 April 2008 at 10:24 No money either It gets worse. With the introduction of income/salaried/non-equity partnerships, the financial rewards are also fast disappearing as firms adopt a “plantation owner” mentality (with the salaried partners being the “overseers”). A lot of hard working young associates will have received a real “buz killer” after finding out that, in fact, they will not get a pay rise… or at some firms suffer a pay cut… when they get given the keys to the executive washroom. Reply Link Anonymous 19 April 2008 at 12:00 Nonsense How can you possibly suggest that associates can have invested “one third” of their life with A&O before being rejected? You will be up for partnership 7 or 8 years PQE. If you trained there, you will have invested 9 or 10 years, not exactly one third of a life(!) Further, the investment is in yourself not in A&O, if you are smart about it. There is no secret that partnership is not guaranteed. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.