Birmingham, UK-based law firm Clarke Willmott wants to cut staff work hours at its Bristol office to four days a week, in the hopes of preventing layoffs. The firm’s 238…
Essex County, New Jersey Superior Court Judge Donald Goldman has ruled that defunct law firm Ravin Sarasohn may sue Lowenstein Sandler over partner defections that killed the firm. The judge…
Attorneys working assignments under the federal will see their fees bumped up from $100 to $110 per hour, with funds recently appropriated by Congress. The CJA was enacted in 1964…
UK law firm Watson Burton has launched a redundancy consultation targeting 25% of its staff. The firm is in consultation with 75 staff, including partners, fee earners and support staff…
Philadelphia’s Saul Ewing has laid off seven lawyers and seven staff. All of the lawyers are associates and come from various practice groups. All but one were located in Philadelphia,…
Last week we reported that London’s Clifford Chance would vote on a new temporary rules that would make it easier to oust partners. Now we learn that the partners have…
McCarter & English has announced the addition of a 12-member life sciences patent prosecution team to its Boston office. Elizabeth Hanley, Danielle Herritt, Maria Laccotripe Zacharakis, and Cristin Howley Cowles…
Dewey & LeBoeuf has shut offices and cut pay. Now the firm has deferred start dates for its 2009 incoming class to January, 2010. The firm is offering deferred associates…
Chicago’s Goldberg Kohn has cut about one-quarter of its associates, and will slash pay and scale back its summer associate program. The firm dismissed nine associates and 14 support staff,…
Am Law 200 firms Covington & Burling, K&L Gates, Dickstein Shapiro, and McGuireWoods were among the law firms that made the most cash from lobbying in 2008, according to Legal…
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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