DOWNLOAD the full white paper: “Partner Perspectives: What Law Firm Leaders Need to Know About Satisfaction, Advancement, and Firm Culture” - by completing the form. 

WATCH the on-demand webinar replay, where we discuss the key findings. 

The 2025 Partner Satisfaction White Paper offers a rare and revealing look into the experiences and expectations of equity and non-equity partners.  

Based on insights from 400+ partners across Am Law 200 and mid-sized firms, this new report sheds light on evolving partnership models, compensation trends, advancement, and firm culture—at a time when the legal industry is rapidly changing. 

Key Findings from the Report: 

• Compensation Satisfaction Is Mixed: While 48% of non-equity partners are satisfied with their pay, 27% are dissatisfied and 25% remain neutral—underscoring concerns about transparency and perceived inequity. 

• Unclear Advancement Paths Fuel Mixed Sentiment: Only 22% of non-equity partners say the path to equity is “very clear.” While 42% view the role as a stepping stone to equity, 17% are content remaining non-equity, with many expressing frustration over limited influence, stalled advancement, and broken promises. 

• Non-Equity Roles Often Long-Term or Permanent: 68% of non-equity partners at Am Law firms remain in their roles for 4+ years, while 83% at mid-sized firms do the same—including 35% who expect to remain indefinitely. 

• Lack of Training and Influence Undermines Partner Readiness: 57% of all partners received no formal training in leadership or business skills upon promotion, and only 25% of non-equity partners report meaningful involvement in firm decisions—highlighting gaps in preparation and governance inclusion. 

• Client Visibility Is Inconsistent, Retention Risks Remain: While only 43% of partners say clients are aware of their tier status, 90% of non-equity partners report their client relationships are at least somewhat portable—raising concerns about loyalty and lateral movement.  

Download the paper today!