Southwestern Law School named Susan Westerberg Prager as the new dean of their school yesterday. Prager has a long history as a legal educator, and from 1982 to 1998,…
David Anziska and Jesse Strauss, two law school litigators, filed class action lawsuits against Cooley Law and New York Law School last year. These two lawyers have now filed…
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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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