At most junctions, it won't. It is set by a formula that takes into account traffic flows, junctions size and various parameters for turning traffic. The aim is to ensure that vehicles can clear the junction before the lights change to green. However, that is old technology.
Modern dynamic light systems know whether or not they need to allow for traffic to clear the junction. That allows them to keep every phase as short as is actually necessary, rather than long enough to allow for slow moving traffic. Even an odd fraction of a second here or there can add up over a large number of linked lights.