The law firm culture of old
The culture of law firms and their partners' relationships has dramatically changed over the past several decades. Historically, when a person obtained a partnership in a firm, the relationship became somewhat sacred. The partner expected to stay with the firm for his/her entire working life. However, those loyalties are often not that strong today. One reason may be that active partners are concerned with the increasing cash-flow requirements of the firms' heretofore generous supplemental, unfunded partner retirement programs.
