Good morning! Today is Tuesday, January 26, and here’s your morning roundup…
A Pepper Hamilton Partner is the lead investor in a deal to purchase the Texas Rangers…
Wilmer Hale’s numbers are out and per partner profits are up seven percent (guess they don’t mind that story leaking to blogs) …
Wilson Sonsini is thawing salaries and paying bonuses…
And so is Hughes Hubbard…
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NBC has triumphed over Conan when it comes to the IP rights of various characters from his show…
Chadbourne & Parke has a new IP partner…
It wouldn’t be a new year without a list of predictions, and seeing as how it’s almost the end of January, we thought we’d better find one…
Crowell & Moring snags one for its international arbitration practice…
Cozen O’Connor adds one in anti trust…
MLA gets a big contract from the government of Bermuda…
Our condolences go out to friends and family of Baker Hostetler partner John Mings…
Westlaw and Lexis/Nexis are redesigning their interfaces in reaction to competition from free search engines like google…
Drinker Biddle picks up one in New York…
A former McGuireWoods partner and former aide to NC Governor Mike Easley is facing corruption charges…
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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