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…
The Senate has passed the Stop Trading on Congressional Knowledge (STOCK) Act, 96-3. The bill makes it illegal for Congress members, their staffs and also many executive-branch workers to indulge…
As of Thursday evening, at least three high ranking officials of Susan G. Komen for the Cure have resigned over the breast cancer charity’s decision to suspend funding of Planned…
The Retail Industry Leaders Association (RILA) announced today that they will hold the first ever Labor and Employment Law Forum on March 21-22, 2012, at the Hyatt Regency Washington on…
It took over of year in preparation, but Mark Berndt, a teacher for 30 years, has been arrested on over 23 felony counts of lewd acts on a child, including…
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…
The convenience of smartphones has made life incredibly more convenient. It allows people to take both personal and work lives with them wherever life leads. It makes businesses more effective,…
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…
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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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