Good morning everyone. Here’s a quick look back at yesterday’s stories…
Justice Ginsburg was hospitalized yesterday evening…
Arent Fox has revoked some of its offers for new associates…
There are upcoming changes to the FRCP you should be aware of…
Skadden sent out its offers for 2010 summer associates…
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Justice Sotomayor will throw out the first pitch at this Saturday’s Yankees game… school…
Orange County is offering those arrested for a misdemeanor a get out of jail free card…
and DePaul accidentally sent an email to everyone that had ever applied to its law
Attorney Career Resources is sponsored by BCG Attorney Search, the nation's leading placement firm, specializing in law firm placements.
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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