Biglaw’s ‘Rising Tide’ Isn’t Lifting Every Partner’s Boat Anymore
As profits soar, Biglaw firms are becoming more selective about who gets equity.
As profits soar, Biglaw firms are becoming more selective about who gets equity.
The firm's embrace of nonequity partners helped produce its largest recent partnership class.
With the addition of Uncover’s technology, the litigation software is delivering rapid innovation.
The firm's embrace of nonequity partners helped produce its largest recent partnership class.
As more elite firms embrace nonequity partnership tiers, A&O Shearman may be preparing to follow suit.
Asking for 92.4% of one firm's partnership.
Nonequity partners are taking over Biglaw.
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
As Biglaw firms expand, the equity partnership remains a carefully guarded club.
Under 8% of partners at the firm are of the equity variety.
Associates who thought equity was the next stop are discovering there’s now another pit stop along the way.
This Top 100 Am Law firm is staying on trend and adopting a nonequity partnership role for attorneys.
Legal work isn’t slowing down, and the firms that win won’t be the ones working harder — they’ll be the ones working smarter.
Freshfields had an all-equity partnership for all of its existence, but times have changed, and now the firm is changing too.
Nonequity partnership isn't beloved by those forced into it.
According to the results of this survey, nonequity partners aren't too satisfied in their roles.
On top of that, the firm is also introducing a $50K 'lawyer referral bonus program.'
The firm says its all-equity structure is key to its culture -- and its competitiveness.