In a possibly unprecedented move, on Tuesday, Attorney General Eric Holder ordered the FBI to launch a criminal investigation into the targeting of conservative political groups by IRS, which has…
On Monday, the Associated Press said that the U.S. government had secretly accessed and seized telephone records of AP reporters and offices over a two-month period last year. In a…
On Thursday, Republican members of the U.S. House of Representatives criticized the SEC for failing to meet deadlines mandated by Congress to complete portions of the JOBS Act designed to…
On Thursday, the 28-year-old founder of Facebook, Zuckerberg, said in an opinion column on the Washington Post, “We have a strange immigration policy for a nation of immigrants. And it’s…
On Friday, in what an activist termed as a “huge victory for survivors of military sexual assault,” the U.S. government announced that people in U.S. national security jobs can now…
On Friday, Jose Banda, the superintendent of Seattle Public Schools, announced on the school district’s website that “There will be no discipline of any test administrator.” Jose referred to…
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 Thursday, protesters in Detroit came out in support of a lawsuit filed on Wednesday challenging Michigan’s emergency manager law. The lawsuit claimed that the law “effectively establishes a new…
Just a week before the fiscal cliff stalemate causes mandatory budget cuts to go into effect, the Department of Homeland Security has started releasing hundreds illegal immigrants from detention citing…
There are some disagreements as to why a Federal Judge let Oklahoma terminate a contract with Planned Parenthood. Ostensibly, the judge cited the failure of Planned Parenthood to respond to…
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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