Michael K. Loucks, who spent over 20 years as a U.S. attorney in Massachusetts, has joined law firm Skadden, Arps, Slate, Meagher & Flom. Loucks is best known for a number of high…
Good morning! Today is Friday, May 14th. Here’s a quick look back at yesterday’s stories. Bryan Cave and Venable Add A Partner Apiece… More And More Firms Consider Alternative Fee…
The Law.com has released its list of top corporate law firms. Check it out. The list is based on a number of different rankings compiled by Corporate Board Member Magazine,…
The decision by the SEC to file civil fraud charges against Goldman Sachs has been big news over the last week or so. On Wednesday, Reuters provided a profile of…
Akin Gump Strauss Hauer & Feld has acquired Democratic boutique lobbying firm Parven Pomper Strategies, the firm said in a press release. PPS founders Scott Parven and Brian Pomper will…
Dechert partners James Elacqua and Andrew Thomases have left the firm to join Skadden, Arps, Slate, Meagher & Flom in Silicon Valley. James Elacqua won a $57 million verdict in…
Mary Margaret Farren filed a lawsuit last week in Connecticut trial court against her husband, John Michael Farren. Farren, a former deputy general counsel to George W. Bush, has been…
Gregory Craig, former White House counsel under President Obama, has joined Skadden, Arps, Slate, Meagher & Flom as a partner in its Washington D.C. office. Craig will lead Skadden’s new…
Skadden will hold its Summer associates program in 2010, but with less than half as many associates than in 2009. The firm had 225 summers this year, but will only…
Paul Hastings has hired a team of three IP attorneys from Skadden. Jeff Randall joins Paul Hastings’ Palo Alto and Washington DC offices, as co-chair of the firm’s Global Intellectual…
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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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