DLA Piper has launched its second layoff consultation in just three months, with up to 140 jobs under threat. The review, which could see as many as 30 fee earners…
Today Am Law 100 firm Nixon Peabody announced the layoffs of 56 attorneys and staff. Prudent management of our business requires that we downsize our associate, legal support, and administrative…
Law Firm Simmons & Simmons will reduce it’s global presence by cutting of its two Portuguese offices, which go under the name Simmons & Simmons Rebelo de Sousa. The Portuguese…
Newton Abbot, Devonshire’s Douglas Pidsley and Roberts has shut its doors after sole principal Warren Douglas was declared bankrupt. Ten employees also lost their jobs. A sign in the company’s…
Chicago’s 215-lawyer Chapman and Cutler has launched a New York office with three partners. The firm hired its first new attorney for the office, hiring as a partner Kenneth Marin…
Todd R. Steggerda, former chief counsel to the John McCain 2008 presidential campaign, is returning to WilmerHale as a partner in the firm’s defense and national security practice group and…
London’s Freshfields Bruckhaus Deringer informed staff yesterday that salaries for associates will be held at 2008 levels. The pay freeze means associates will not progress through to the next pay…
San Diego, California’s Luce, Forward, Hamilton & Scripps has cut 12 attorneys and 15 staff positions. The cuts came in San Diego and San Francisco, and the transactional practice took…
King & Spalding announced today a significant expansion of its intellectual property practice with the addition of three new partners. The partners, all of whom were previously with Baker Botts…
Lovells has launched a redundancy consultation that could see up to 94 London staff lose their jobs. The month-long consultation, which kicked off yesterday, includes 18 fee earners and six…
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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