On Monday, Washington-based Akin Gump Strauss Hauer & Feld announced that current chairman Bruce McLean would step down and would be succeeded by New York litigator Kim Koopersmith from April…
On Thursday, the Dallas office of Akin Gump Strauss Hauer & Feld LLP announced that a 7-partner team of corporate and litigation lawyers would be joining the law firm’s Dallas…
According to a complaint, which was only five pages long, the defendants named tried to disrupt the business relationships of Arnold and then blackmail him until he agreed to…
On Tuesday, an attorney from the state of California alleged that Akin Gump Strauss Hauer & Feld LLP along with one of its partners from the securities practice had…
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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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