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In today’s episode, I tackle one of the biggest questions associates in large law firms often wrestle with -- when is it time to leave your firm? Some of the key signals that indicate it might be time to start looking elsewhere include when you're struggling to meet your billable hours with no sign of that changing, losing a key partner champion that could help make or break your future at the firm, struggling on the path to partnership or promotion, or seeing troubling shifts in firm culture or compensation.
I also discuss how to time a departure strategically, including how to navigate bonuses and negotiations when making a move. If you’re debating whether to stay or go, this episode offers a clear framework to help you make an informed decision.
At a Glance:
00:00 Introduction to Big Law Life and today’s topic
01:20 The most common reasons associates consider leaving
02:00 Struggling to meet billable hours: when it’s a personal issue vs. a firm-wide problem
04:14 Why prolonged slow periods (9-12 months) can put your career at risk
04:37 Losing a key partner advocate and how it affects your career trajectory
06:04 When your path to partnership stalls and no one can give you a clear answer why
07:44 Undercompensation as a red flag for firm instability
09:05 Cultural shifts that signal it may be time to leave
11:15 How and when to time your exit strategically
12:17 Final thoughts on evaluating your options before making a move
Rate, Review, & Follow on Apple Podcasts & Spotify
Do you enjoy listening to Big Law Life? Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.
For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!
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Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her:
laura@lauraterrell.com
LinkedIn: https://www.linkedin.com/in/lauralterrell/
Instagram: https://www.instagram.com/lauraterrellcoaching/
Show notes: https://www.lauraterrell.com/podcast