In a law firm, I know that people who join out of law school are called "associates" and the people that have been there longer are, I think "partners".
I was wondering if everyone eventually becomes a partner if they stick around long enough. If not, what determines if they become a partner or not? Who decides? And when someone is made a partner, does the firm change its name to reflect that? (ie Smith and Jones becoming Smith, Jones and Johnson)
It's just one of those things I've wondered about and I just figured, hey, someone on GC will know!
Thanks!
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