The Alabama Supreme Court has decided not to place restrictions on the television and radio ads for lawyers and law firms. The state Board of Bar Commissioners asked the Supreme…
Microsoft will soon be releasing its new operating system, Windows 7. To handle any regulatory issues that may arise with the release of the software, Microsoft is looking to hire…
K&L Gates, Pittsburgh’s largest law firm, has opened a Singapore office, its 32nd location and its fifth in Asia. New partner Kevin Murphy will lead the Singapore office. Murphy joins…
Biglaw firm Ashurst is cutting staff hours. The firm has invited staff to take up to fifteen days unpaid leave, or work a four day week. A spokesperson for the…
San Francisco District Attorney Kamala Harris laid off at least five staffers and two attorneys last week. Harris blamed the City by the Bay’s $500 million budget deficit. The staff…
Last week we reported that Latham & Watkins had cut 440 employees — 190 associates and 250 staff, the largest cuts to date by a US-based firm. This morning The…
Stone King Sewell, which employs 200 people across four offices, has made a total of 16 redundancies, including 10 staff from its Bath, UK HQ. Workers have been told the…
Frisco’s Sedgwick Detert Moran & Arnold has hired J. Craig Williams and Joseph R. McFaul as partner and special counsel, respectively, in its Orange County office. The attorneys previously worked…
McNees Wallace Nurick has brought on Bradley Gunnison and Michael Hund as partners in its business group. The two are former partners from the Harrisburg office of Buchanan Ingersoll Rooney.…
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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