The law school at Lincoln Memorial University has sued the American Bar Association in Tennessee Federal Court. The law school claims that the association colluded with other law schools to…
According to the University of Louisville Louis D. Brandeis School of Law Dean Jim Chen, getting a law degree is no guarantee to financial security. Most prospective students only look…
Law School Transparency is taking a second stab at getting graduate employment data. An initial attempt to gather information, in 2010, only yielded a response from one school—Ave Maria School…
An American Bar Association commission is considering recommending that the nonlawyers be allowed to take an equity stake in law firms for which they work while urging that an existing…
Another lawsuit has been filed against the Lower Merion School District in Pennsylvania by a student. This time, the plaintiff is the sister of the teenage boy who filed a…
A law degree won’t necessarily lead to financial security. According to the National Law Journal, buying a house would require earning three times your law school tuition. The nation’s economic…
The dean of the University of Texas Law School, Larry Sager, has announced that he will resign from his post effective immediately, according to The Texas Tribune. “The fact of…
A principal from Gastonia, in Gaston County, North Carolina, has decided to retire abruptly from his post. The announcement was made late Tuesday night in the wake of the principal…
Jonathan Lipson, a UW-Madison law professor, is trying to correct a major misconception about his place of employment. Lipson claims that the school’s law school is not anti-business, and that…
Sexual harassment has been a problem in the workplace and in schools across the country for decades now, and it does not seem to be slowing down anytime soon. It…
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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