Simmons & Simmons has announced a review that could lead to layoffs of up to 20 associates and 49 support staffers. Last year, the firm laid off eight associates and…
Former Attorney General Michael B. Mukasey announced this afternoon that he will join the law firm Debevoise & Plimpton as a partner. The retired federal judge from New York will…
Dunlap Codding recently added two associates, John Behles and Joseph D. Maxey; and added Charles “Chic” Krukiel of counsel. Dunlap Codding is a nationally recognized leader in the area of…
Former New York State chief judge Judith S. Kaye has joined Skadden, Arps, Slate, Meagher & Flom as of counsel. Kaye, 70, who left the Court of Appeals in December…
The American Lawyer expects a “a paradigm-shifting, blood-in-the-suites, terror-on-the-campus hiring and retention crisis” in 2009. If nothing changes, this fall the same law firms that recently laid off lawyers will…
Bath & Swindon, UK-based Thring Townsend Lee & Pembertons has begun a 30-day period of consultation with employees across its offices. The firm plans to close branches in Cirencester and…
The National Law Journal reports that many former Thacher lawyers have been unable to find new positions. More than 65 attorneys from defunct Thacher Proffitt & Wood, many of whom…
London Based law firm Charles Russell has just announced plans to cut its two-week summer vacation plans in half in an effort to cut costs. Julia Dalton, HR and development…
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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