A large majority of the respondents stated that they were already partners or were on the partner track. 45% of the respondents said that they expected to become partner in only 3 years or less. 21% said that they were 7 years away or more from becoming a partner in their firm.
This is especially interesting as 21% of all respondents have less than 2 years of experience in the industry and 42% have been with their current firm for less than 2 years. Also, an overall 53% of the respondents have less than 5 years of industry experience and 79% have less than 5 years with their current firm.
From the 2007 Private Equity and Venture Capital Compensation Report by Job Search Digest
Comments on this entry are closed.