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According to the University of Louisville Louis D. Brandeis School of Law Dean Jim Chen, getting a law degree is no guarantee to financial security. Most prospective students only look…
Kirkland & Ellis associates began receiving phone calls earlier in the week telling them about their year-end bonuses for 2011. The majority of the associates at the law firm claim…
Roy Kronk, the man who found the body of Casey Anthony’s missing baby has filed a lawsuit against the Florida woman for defamation. He claims that Anthony’s defense team badmouthed…
American Idol runner up Adam Lambert and boyfriend Sauli Koskinen—who won Finland’s “Big Brother”—had some dramatic moments at a Helsinki gay bar Thursday. A fight between the lovebirds, which began…
The bad news has hit the media, and it is not good for Cameron Douglas and his father Michael Douglas. The 33-year-old member of the famous and loved Hollywood…
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Floyd Mayweather Jr., a boxing champion who boasts a 42-0 record in the ring, has repeatedly missed jail time for domestic violence cases in Las Vegas and Michigan. His…
Monday at 5:30 pm, McCarthy Telrault advised Bell Canada parent company BCE, and Torys represented Rogers Communications, in negotiating the shareholders agreement between the two companies the led to Bell…
Another sex abuse scandal has hit the news this week, this time it involves a sports reporter for the Philadelphia Daily News. Bill Conlin has been writing for the Daily…
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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