New-Partner Growth Takes a Hit

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The good news for associates is that more of them made partner in 2008 compared with last year. The downside is that their firms also got bigger, making new partner growth a relative letdown. "You can make the case, of course, that these numbers signal a slowdown and conservatism among the firms," says consultant Richard Gary. That conservative approach may stem from troubles experienced at a handful of other law firms, which recently have laid off attorneys due to fallout from the subprime mortgage mess.

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