Five lawyers from Royal Oak, Michigan-based health care law firm Wachler & Associates have left the firm, to found Health Law Partners in Southfield. Former Wachler partners Adrienne Dresevic, Robert…
The partners of Philadelphia’s Wolf Block voted today to dissolve the 106-year-old law firm. The firm will remain in business for several months, to protect the interests of its clients,…
Firms including Hyatt, Cigna, General Electric, Motorola, Merrill Lynch and Yahoo! have cut the number of attorneys in their law departments during the past year, as corporations slash budgets in…
San Diego’s Luce Forward has confirmed it rescinded offers to all of its incoming associate class and canceled its 2009 summer associate program. The firm had already delayed the start…
San Francisco’s Littler Mendelson has added David J. Goldstein and Holly M. Robbins to its Minneapolis office. Both lawyers are formerly of Faegre & Benson. Shareholder David J. Goldstein has…
DLA Piper has informed its US partners that it will reduce their pay by 11.5% in 2009. “Strong performers” will see higher pay rates. The firm has already cut 80…
Philadelphia-based Wolf Block’s partners will meet today to discuss dissolving the 106-year-old law firm. A large group of Wolf Block lawyers are talking to Cozen O’Connor about joining the firm.…
Earlier this month, UK City firm CMS Cameron McKenna asked its equity partners to volunteer to become fixed-share partners. Now the firm has confirmed that “voluntary” could become “mandatory,” as…
Here are the law firm layoffs reported this week: Troutman Sanders: undisclosed Dunlap & Seeger: 2 attorneys, 3 staff Mayer Brown: 55 lawyers and staff Hood Vores & Allwood: 2…
Troutman Sanders announced today that the firm will lay off associates and offer staff a voluntary buyout, which is likely to be followed by a layoff. The 778-lawyer firm also…
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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