The University of Louisville’s Louis D. Brandeis School of Law announced via a press release that it has received a bequest of $1 million to permanently endow a…
Jim Chen, the dean of University of Louisville’s Brandeis School of Law, is stepping down as dean. It is unclear as to why, but the news was first suggested by…
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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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