For the past eight years, Gregory Katsas has held high level posts at the Justice Department. Mr. Katsas served as Assistant Attorney General for the Civil Division of the U.S. Department of Justice from June 2008 to January 2009. Between 2001 and 2008, Mr. Katsas also served as Deputy Assistant Attorney General, Principal Deputy Associate Attorney General, and Acting Associate Attorney General. Prior to that, he was an issues and appeals partner with Jones Day, and today the firm announced that he is rejoining Jones Day as a partner in the same practice group. Read the full press release here.
Jones Day is an international law firm headquartered in Cleveland, Ohio. It was founded in 1893 by Judge Edwin J. Blandin and William Lowe Rice. Jones Day is the 8th largest law firm in the world by revenue. It is currently the second largest law firm in the United States, with approximately 2,400 lawyers and gross annual revenue in excess of $1.5 billion.
Posted by joshua
on October 29, 2009. Filed under Home,Law Firm News,Legal 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. [...]
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