Top 100 Biglaw Firm Creates Income Partnership Tier To ‘Increase Opportunities’ For Lawyers
SRZ had an all-equity partnership for all of its existence, but times have changed, and now the firm needs to change too.
What’s Driving Biglaw’s Sudden Urge To Create Nonequity Partnership Tiers?
You won't be shocked to find out that at most firms, it's all about the money.
Thomson Reuters Editors + Law-Based AI: Why The Sum Is Greater Than The Parts
Practical Law's ‘Dynamic Tool Set’ application allows you to unleash the power of an army of attorney-experts while leveraging state-of-the-art gen AI.
Top 5 Biglaw Firm Is Considering Creating A Nonequity Partnership Tier
Skadden has had an all-equity partnership for all of its existence, but times have changed, and now the firm may need to change too.
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.
Biglaw Bonus Season Arrives!
The race is on.
Nonequity Partners Are ‘Partners’ For Covering Firm Costs But Not Partners For Pay
'Partner' isn't the deal it used to be.
GCs And Outside Counsel: Here’s Your Chance To Rate The Other Side!
We are looking for insights from both private practice law firms and the clients they serve.
Top 50 Biglaw Firm Creates Nonequity Partnership Tier To ‘Attract, Promote, And Retain’ Talent
WilmerHale had an all-equity partnership for all of its existence, but times have changed, and now the firm needs to change too.
Paul Weiss Creates Non-Equity Partnership Tier To Remain ‘Competitive’ In The Market
Paul Weiss had an all-equity partnership for nearly 100 years, but times have changed, and now the firm needs to change too.
Is It Better To Be An Equity Partner Or Non-Equity Partner?
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.
Evolving Partnership Economics: The Equity And Non-Equity Models Are Starting To Blur
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.
How You Can Take Control Of Your Firm’s Financial Future
Roadblocks to data-driven business management are falling, and a better bottom line awaits.
Yup, Nonequity Partnership Is Used Disproportionately For Minorities
This is a disturbing, though not unexpected trend.
3 Reasons To Embrace The Rise Of Non-Equity Partners
Not every firm can be a Cravath or a Cleary (or a Davis or a Debevoise).
What Do We Talk About When We Talk About Partnership?
A 'partner' isn't always a partner -- and maybe that's okay.
Making Partner Is Not As Awesome As You’d Think
Not all partners in Biglaw are created equal.
Stuck In The Middle With You
In essence, a non-equity partner is a non-partner partner, and the existence of a non-owning partner in said partnership renders it a non-partnership.