
Top Biglaw Firm’s Partnership Class Size Sees Massive Upswing After Introduction Of Nonequity Tier
How many of the firm's new partners made equity versus nonequity? We'll never know.
How many of the firm's new partners made equity versus nonequity? We'll never know.
It's all about the bottom line, and some partners are going to be left out in the cold.
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While many firms are introducing non-equity partnerships, this firm is going all in for all-equity.
No half 'income partner' measures here.
Industry wide, just over 11 percent of equity partners are diverse.
Equity partnership is the best kind of partnership.
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
How permanent equity in firms might change the face of law for the better.
No second-class partners here.
On balance, equity partnership is likely still more rewarding in most cases. But for lawyers in certain situations, non-equity arrangements can have strong appeal.
In the current law firm landscape, the fact that a lawyer has been designated a partner often conveys very little about the economic arrangement between that lawyer and the firm.
Domain-specific AI provides accuracy and reliable legal reasoning.
Ain't no partnership like an equity partnership.
As making equity partner becomes more elusive, smart firms will think beyond the numbers.
What is partnership if it is not equity partnership?
Mo' equity partners, mo' revenue.
Not all partners in Biglaw are created equal.