As you probably know, a lot of law firms have "up-and-out" schemes. If you don't make partner by a certain number of years, you don't just hang around at a lower level of compensation. They expect you to leave and if need be they'll fire you.
Why is this? Is it just the factor of morale? Can you think of other possible explanations?
This is a good example of what I would consider to be a good exam question.
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