A South Korean retailer has suspended the sale of beef from America after the first case of mad cow disease in six years in the United States was confirmed…
It has been reported that the extradition process to bring Joran van der Sloot from Peru to the United States has started. Maximo Altez, the attorney for van der…
It has been reported that Walmart more than likely will not face criminal charges in connection with allegations that the company bribed officials in Mexico. It was announced on…
A hunter in the state of Florida accidentally shot his girlfriend because he mistakenly thought that she was his intended target. By the way, his intended target while on…
Late in the day on Monday, the Sanford City Commission rejected the resignation of Police Chief Bill Lee by a vote of 3-2. Lee was harshly criticized for not…
Representative Allen West, a Republican from Florida, called Democratic lawmakers ‘communists’ and it got him into a little bit of hot water recently. West was scheduled to be the…
A teacher, Manuael Ernest Dillow, 60, has been arrested for allegedly lining up his students against a classroom wall and firing a starter pistol at them, mirroring the execution-style often…
Vikram Pandit, the Chief Execuive for Citigroup Inc, along with the bank’s directors, have been sued for awarding outsized compensation for its highest executives. The complaint was filed on…
A trial lawyer from California claims that he did not have the authority to settle a case for $350,000 just before the jury said that they planned to give…
Two well-known law firms from Los Angeles have been sued by the financier within the entertainment industry. The lawsuit claims that the law firms aided and abetted a reported…
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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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