Since the objective of
admitting partners in a law firm is to generate profits for equity partners, more firms are examining the wisdom of creating new partners and are ascertaining the timeliness of addressing problems with under - productive partners, i.e., reduced compensation, de-equitization, early retirement, etc..
Not exact matches
article) I was also pondering the comment of a good friend of mine, a senior equity
partner at one of the major City
firms, who
admitted to me last week that lawyers
in the City «are earning more money than we ever thought possible when we started
in law», adding wryly «and quite a lot of us don't really believe we're worth it».
Admitted to practise
in the states of New York and New Jersey, he is also the first US - qualified lawyer to be appointed
partner in a Magic Circle
firm, after joining the partnership of Allen & Overy
in 1994 and founding its US
law practice.
In the UK, Halliwells, a national
law firm, converted to a Legal Disciplinary Partnership (LDP) and
admitted its IT director and facilities director - neither of them lawyers - as full
partners.
For example, aspiring lawyers must demonstrate evidence of competence
in work management and business skills before they can be
admitted to practice; experienced lawyers must take three days of training
in law practice management as a prerequisite for becoming law firm partners or opening their own practices; and current and aspiring law firm managers may obtain a Diploma of Practice Management customized for Law Fir
law practice management as a prerequisite for becoming
law firm partners or opening their own practices; and current and aspiring law firm managers may obtain a Diploma of Practice Management customized for Law Fir
law firm partners or opening their own practices; and current and aspiring
law firm managers may obtain a Diploma of Practice Management customized for Law Fir
law firm managers may obtain a Diploma of Practice Management customized for
Law Fir
Law Firms.