How do I deal with an associate with an undeserved reputation?

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My colleague's work is often subpar, and what he fails to finish often ends up on my plate as an emergency. Yet, he is beloved and is on a guaranteed path to success. Don't get me wrong, I, too, am doing well at my firm and expect to make partner. But I feel like I have to work twice as hard as my counterpart to get to the same place. What's the answer to my dilemma?

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