The American Lawyer released their rankings of the highest grossing law firms in the United States, known at the AM Law 100, for 2013. The list ranks the country’s…
On Tuesday, the Appellate Division, First Department, New York reversed a jury verdict against law firm Bryan Cave that was to the tune of $10.6 million. The malpractice judgment was…
The law firm of Loeb & Loeb LLP has announced via a press release that it has brought on four new lawyers to work in its office in Washington,…
It was announced today by Winston & Strawn LLP that Robert J. Rawn will be joining the firm in its New York office. Rawn is a well-known securities and…
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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