According to a JDJournal tipster, Denver-based international law firm Holme Roberts & Owen is deferring its entire incoming class of associates for 12 months. Our tipster reports: 3Ls were informed…
![Rumor: Winstead Revoking Offers to New Associates? [Update]](http://www.jdjournal.com/wp-content/themes/advanced-newspaper/timthumb.php?src=wp-content%2Fuploads%2F2009%2F03%2Fwinstead_160x120.jpg&q=90&w=80&h=66&zc=1 "Rumor: Winstead Revoking Offers to New Associates? [Update]")
Last month Winstead, a Texas law firm with seven offices, canceled its 2009 summer associate program. The firm is offering $5,000 each to the 2Ls who are left without summer…
British law firm Shoosmiths has asked its 2009 trainees to withdraw from their contract, or defer until 2011, without any offer of financial compensation. The firm wants volunteers to defer…
Pasadena, California divorce and family law attorney Patrick Baghdaserians, of the Law Offices of Donald P. Schweitzer, has announced a recruiting program to hire current law school students as law…
Volunteer Lawyers for Justice is holding a job fair next week for deferred associates who want public interest jobs in the interim before they start at their firms. Many firms…
Clifford Chance, which just announced layoffs of 24 New York associates, has announced an associate pay freeze, with the firm keeping fee earner and business services salaries at 2008 levels.…
Orrick, Herrington & Sutcliffe is recruiting recent law school graduates for its Global Operations Center in Wheeling, West Virginia. The positions are entry level Career Attorneys in the Emerging Companies…
Skadden, which on Friday laid off an undisclosed number of staff attorneys and 50 support staffers, is introducing a litigation program for its incoming class. From the memo: … To…
Fried Frank laid off 99 employees, lawyers and staff, today. Effective today, we are implementing changes that will result in an overall reduction of 41 associates and 58 administrative staff…
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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