“Prepare the clone army!”
~ Dr. Evil
Back before today’s young lawyers were born, law firms and new lawyers had an unwritten social contract.
Firms were prepared not to make much money on newcomers. They made an investment to mentor, supervise, and train them. If the firm was lucky, it could cover its costs in the first year, and start making a profit in subsequent years. The new lawyers knew that they would have to put in some time before they could earn the big bucks, but if they hung in, a partnership would be offered within a reasonable time frame.