The law firm of Loeb & Loeb LLP announced via a press release on Monday morning that William J. Kramer has been added to the firm’s Patent Litigation and…
The law firm of Loeb & Loeb LLP has announced via a press release from the firm that Allen Z. Sussman has joined the firm in the Los Angeles…
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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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