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The United States added close to 200,000 jobs in the month of December, a sign of hope for the country in the coming months. As the country added jobs, the…
On Thursday, an appeals court tossed out a $600,000 discrimination judgment against a law firm that fired an attorney. The attorney was fired because it is alleged that he has…
It has been reported by multiple sources that Justin Timberlake and Jessica Biel are engaged. Timberlake reportedly proposed to Biel late in the month of December, while the two were…
According to reports on Wednesday, the law firm of Irell & Manella LLP has doubled the bonus value set forth by Cravath Swaine & Moore LLP earlier in December. Irell…
A private detective from Queens who raped his ex-girlfriend and then framed her for false crimes has been sentenced to 32 years in prison. The private detective, Jerry Ramrattan,…
Tom Gerke, former Sprint Nextel Corp. executive has been hired by H&R Block Inc. as their senior vice president and general counsel. Gerke is also the former CEO of…
A Staten Island teenager died after being struck by a bus as she was carrying a suicide note on Monday night. Amanda Diane Cummings, 15, jumped out in front of…
A teen mom from Oklahoma shot and killed a home invader on New Year’s Eve after an operator from 911 told her she could defend herself and her infant son…
Tom Reed, Republican Representative, awarded end of year bonuses to 15 of his 17 congressional staffers ranging from $500 to $2,500. It is up to lawmakers to hand out bonuses…
Casey Anthony has finally resurfaced to the public eye, after living for six months in seclusion. Where did she appear? Anthony appeared in a four-minute video diary that someone posted…
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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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