On Tuesday, the U.S. government filed a civil fraud lawsuit accusing a unit of Novartis AG of orchestrating claims based on fraudulent kickbacks and causing Medicare and Medicaid programs pay…
Now only if most settlements were so blazing fast, the economy would have rebounded sooner without any doubt. It was only on Thursday that the U.S. Department of Justice filed…
On Monday, the Consumer Updates of the U.S. Food and Drug Administration informed that the labels of nicotine replacement therapy products may soon change. The proposed changes have come in…
On Tuesday, the Michigan Attorney General asked the Michigan State Court of Appeals to authorize a grand jury for investigating the role of a company linked to the deadly meningitis…
On Tuesday, the Commissioner of FDA, Margaret Hamburg, stated on the FDA blog, “FDA Voice” that a “new breed of specialty pharmacy compounding has evolved that has outgrown the law,…
On Friday, in the first lawsuit (out of close to 11,000) to complete jury trial over defective metal hips sold by Johnson & Johnson’s DePuy unit, the jury ordered DePuy…
Though the precise nature of the link between GSK’s Pandemrix vaccine and narcolepsy in children is yet to be proved, numerous studies from Europe seem to indicate that children treated…
On Friday, Massachusetts Attorney General Martha Coakley said Massachusetts had reached a settlement with Healthpoint and its general partner DFB Pharmaceuticals Inc as part of a broader national settlement of…
Earlier this month, the U.S. Food and Drug Administration warned several sellers of dietary supplements over claims made by them that their products helped fight the flu. Last Thursday, the…
On Friday, an Australian court ruled that genetic material related to cancer can be patented by two technology companies. A similar case is pending before the U.S. Supreme Court…
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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