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On Friday, the Susan G. Komen for the Cure charity decided to abandon its plans to eliminate grants to Planned Parenthood. Komen’s image was in jeopardy after rumors began…
The job market took a massive step towards recovery in the month of January but it is still on a very long road to full recovery. Nonfarm payrolls in…
On Wednesday, the state senate in Washington passed a bill that would legalize same-sex marriage. This sets the stage for Washington to become the seventh state in the nation…
On Wednesday, three law schools in Chicago were sued for allegedly deceiving students by inflating employment information for its students after graduation. The allegations were filed in three separate…
Last week, a new federal and state task force was created that will investigate mortgage fraud that helped contribute to the financial crisis of 2008. The new panel did…
Last week, Hustler Magazine argued in a federal appeals court that its decision to publish nude photos of a model just months after her passing is protected by the…
An ex-counsel for President George W. Bush resigned from the law firm of Weil Gotshal & Manges to become a manager for the law firm of Quinn Emanuel Urquhart…
During the month of July, an ocean exploration team that was led by Swedish researchers found what some have said is a flying saucer sitting on the floor of…
Click here to access an up-to-date list of Law Firm Salaries on LawCrossing.com. Law firms across the country are starting to recover from the recession but plenty of…
Early on Sunday, multiple cars and trucks collided along a stretch of a dark Florida highway that was covered in haze and smoke, causing drivers to be blinded instantly.…
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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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