The law firm of Dorsey & Whitney is hoping that 2013 will be different after it saw revenue levels hit their lowest numbers in six years in 2012, according…
It was announced by UnitedHealth Group, Inc., that Marianne Short will join the company as its executive vice president and chief legal officer. Short is leaving the Minneapolis law…
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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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