Good morning everyone! Today is Thursday, January 14, and here’s a quick look at yesterday’s news…
The Supreme Court ruled against televising the Proposition 8 trial…
The Practicing Law Institute will hold a symposium on “hot button” topics on February 1…
Dyncorp is being sued by two National Guardsmen…
Robert Pringle is the antitrust lawyer of the year, says the California Bar Association…
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Jones Walker adds two attorneys to its health care practice…
WilmerHale picks up a former DoJ Principal Deputy Associate Attorney General…
Bondurant Mixson & Elmore promoted two partners…
Kaye Scholer cuts salaries…
MG&C has eight new partners…
and Jackson Lewis opened an office in Baltimore…
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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