Five years to equity.
Five years of your billings.
Someone else is keeping them.
We do things differently here
Most partnership tracks ask you to wait. This guide sets out what changes when there is no ladder left to climb.
Most partnership tracks ask you to wait. Five years. Eight years. Sometimes longer. Every one of those years, you are billing at senior-lawyer rates but getting paid on a track designed for someone earlier in their career. Your share of what you bill stays capped at the level the ladder allows.
That is not a delay — it is a cost. Five years of billings, five years of your share going to someone else. And the gap does not close later, it just moves further away. This guide sets out what changes when the ladder is removed entirely.
That is the founding principle of the model. Partners retain between 70% and 90% of everything they bill. What you earn reflects what you generate. Not tenure. Not lockstep. Not the performance of other practice groups.
It is clients, matters, colleagues, fee arrangements, conflicts, histories and trust built over years. Moving it is treated as a serious professional decision, not a recruitment process to be hurried along. Nothing moves into process until both sides can see a reason to continue. Nothing goes further without your agreement.
The first conversation is about your practice. What it looks like today. Where it could go next. What you would need to make the move work. That’s all.
Confidential. Your details are held only by the gunnercooke recruitment team and are never shared externally.