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In March, the legal services sector in the United States cut 1,300 jobs, according to the Labor Department. In overall numbers there were 120,000 jobs in March added to…
This season of ‘Dancing with the Stars’ has not been kind to the stars performing on the show. Maria Menounos has suffered some aches and pains in her feet but…
Steven Lippman, the former law partner for Scott Rothstein, has now been charged with conspiracy to break federal election laws, commit bank fraud and defraud the IRS. Rothstein ran…
Lawyers for a woman who has been accused of operating a brothel for wealthy clients on the Upper East Side of New York claim that her bail is abusive…
According to her father, Amanda Bynes was not drunk when she was arrested for DUI on Friday, just very emotional. “She was not drunk,” Rick Bynes said in…
One of the former hosts of the ‘Today’ show has expressed displeasure with the show’s move at bringing in former Vice President candidate Sarah Palin as a co-host on…
It was announced on Monday that Facebook has purchased the photo-sharing company called Instagram. Instagram is only two-years-old and is based in San Francisco. The deal is for $1…
While walking on the red carpet at the LOGO 2012 NewNowNext Awards, Perez Hilton had plenty of people talking and it was not because of his celebrity gossip. Hilton…
On Sunday, an army bomb squad was called to an Easter egg hunt in England when a three-year-old boy found a live hand grenade. Stuart Moffatt, aged 34, was…
Megaupload was shut down by the United States Department of Justice in January, seized its multiple domain names, and charged its owner and other executives with the company with…
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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. [...]
May 16, 2013 Read More
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