Pinsent Masons, which is in the midst of a redundancy consultation, has asked 25% of its incoming trainees to defer their start dates.
If you have any additional information about deferrals at Pinsent Masons, or about their redundancy consultation, please — send us a confidential tip!
Pinsent Masons LLP is a full-service commercial law firm. The firm ranked amongst the top 15 law firms in the UK and internationally ranks in the Global 100. Pinsent Masons has UK offices in Birmingham, Bristol, Edinburgh, Glasgow, Leeds, London and Manchester, and internationally in Beijing, Brussels, Dubai, Hong Kong and Shanghai.
Posted by Erik Even
on June 21, 2009. Filed under Home,Law Firm News,Law School News.
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Law firms of all sizes are being much more selective about who makes equity partner. Gone are the days where doing good work and putting in your time is enough to get you to a profit sharing level. Today, equity partners almost always have to prove that they can contribute their share to the firm. So what does this mean for associates and how can a two-tiered partnership track be beneficial? With a two-tiered partnership structure, associates get more time to prove themselves and also more time to determine whether partnership is the right goal for them. Two-tier partnerships (non-equity and equity) exist so the firm can train and develop associates into equity partners. The non-equity track to partner at most firms is on average, 6 years long. [...]
May 16, 2013 Read More
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