Sentences with phrase «equity partner in a law firm»

An equity partner in a law firm is expected to be an owner, a manager and a lawyer.

An equity partner in a law firm can be considered an employee and therefore can go before the British Columbia Human Rights Tribunal to get redress for alleged human rights violations, the B.C. Supreme Court ruled in Fasken Martineau DuMoulin LLP v. British Columbia (Human Rights Tribunal).

If you're an equity partner in a law firm, it's likely that you're making more money than you were a few years ago, but remain unsatisfied with your firm's partner compensation system and would welcome changes.

In a decision released today, the Supreme Court of Canada has held that British Columbia's Human Rights Code, RSBC 1996, c. 210 does not apply to equity partners in law firms.

McCormick was an equity partner in a law firm.

The critical hinge to his action is whether an equity partner in a law firm should be regarded as an «employee» for the purposes of the Code, thus giving the Human Rights Tribunal jurisdiction over his complaint.

The critical hinge to his action is whether an equity partner in a law firm should be regarded as an «employee» for the purposes of the Code, thus giving the Human... [more]

Their philosophy — to regard themselves as temporary custodians of long - term and enduring businesses rather than short - term investors who want to bail out when the price is right — is one than could fruitfully be assumed by more equity partners in law firms.

Not exact matches

Since the U.K. eliminated its tax on income earned outside the country several years ago, it's become increasingly popular for so - called corporate inversions, a controversial practice in which a foreign company buys a U.K. company, primarily to lower its tax bill, says Andrew Needham, a tax partner at law firm Cravath, Swaine & Moore, which specializes in private equity and hedge funds.

I make $ 1.0 million a year a year as an equity partner in a large international law firm and through real estate investing.

In 2008, Cohen was invited to become an equity partner in the Los Angeles office of Venable LLP., a DC - based, 600 - attorney international law firm, where he co-chaired the firm's West Coast white collar / criminal defense practicIn 2008, Cohen was invited to become an equity partner in the Los Angeles office of Venable LLP., a DC - based, 600 - attorney international law firm, where he co-chaired the firm's West Coast white collar / criminal defense practicin the Los Angeles office of Venable LLP., a DC - based, 600 - attorney international law firm, where he co-chaired the firm's West Coast white collar / criminal defense practice.

With a focus on rooting out corruption in Albany, IDC Leader Jeff Klein is giving up all of his outside income, divesting himself from his law firm, Klein, Calderoni & Santucci, where he is an equity partner.

Equity partners in the large law firms receive large sums compared to lawyers who are associates in the large firms.

«We have seen the arrival of the world's first # 1bn law firm, Clifford Chance, and Pinsent Mason's astonishing 71 per cent increase in profits per equity partner (the all important benchmark for law firm performance).»

of equity partners, and a mere 4 % of managing partners at the top 200 largest law firms in the United States.

The combination of ownership, management and service provision in a law firm is particularly significant in that the partners provide the equity capital.

The proportion of women drops significantly from 45 % of associate positions at law firms being held by female associates, to women only comprising approximately 20 % of partners, 18 % of equity partners, and a mere 4 % of managing partners at the top 200 largest law firms in the United States.

How are traditional law firms able to conceal debts and convince new and existing partners to put in equity?

Anna also advises professional practices (including law firms) and their equity partners in relation to exits, restrictive covenants, and conduct and performance issues.

Paul Hastings LLP, a leading global law firm, continues its strong growth streak with the announcement today that Daniel Stellenberg, a leading executive compensation lawyer focused on private equity, capital markets, and M&A transactions, has joined the firm as a partner in the Employment Law practice, based in Palo Allaw firm, continues its strong growth streak with the announcement today that Daniel Stellenberg, a leading executive compensation lawyer focused on private equity, capital markets, and M&A transactions, has joined the firm as a partner in the Employment Law practice, based in Palo AlLaw practice, based in Palo Alto.

Working Mother and Flex Time Lawyers said that, «Female representation is lower at partner levels than in less senior roles; however, Best Law Firms, on average, employ more female equity partners (20 %) than the national average (18 %).»

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».

For example, a number of our team were equity partners in traditional law firms who were motivated to join us because of the failings they saw in the partnership structure, and we were one of the very few places that offered them a different structure.

· Such technology is unlikely to get the buy - in and vote of top management / equity partners, due to the usual problems surrounding corporate governance of law firms and self - interest of those that hold the power and equity points (the partnership agreement), ergo;

Equity partner headcount among the UK's 50 leading law firms grew by 3.7 % across the group in 2013 - 14, with the impact of global mergers helping to bulk out the numbers.

This reportedly sparked a «run on the bank» as more than 30 senior partners cashed in their partnership equity and moved to other law firms with their clients (4).

In one of the articles that accompanies the report, Nicholas Bruch, senior analyst at ALM Legal Intelligence, which assisted in compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenIn one of the articles that accompanies the report, Nicholas Bruch, senior analyst at ALM Legal Intelligence, which assisted in compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin large part through management.

Yet law firms persist in using another type of PEP (profits per equity partner) as a measure of success.

Partners in a great many law firms have recognized the value of creating a two - tier partnership structure — as opposed to the «up or out» alternative - for dealing with those long - tenured associates the firm has invested a lot of money in developing, yet do not satisfy all of the objective and subjective criteria to become equity pPartners in a great many law firms have recognized the value of creating a two - tier partnership structure — as opposed to the «up or out» alternative - for dealing with those long - tenured associates the firm has invested a lot of money in developing, yet do not satisfy all of the objective and subjective criteria to become equity partnerspartners.

Whether the non-equities believe that the equity partners» demands about their billable time and expectations of their total time commitment is reasonable when compared to other law practices performing similar kinds of work in private firms and corporations?

Bettina Bender and Anna Birtwistle provided legal and tactical advice to a female equity partner of an international law firm in relation to potential discrimination claims and her negotiated exit.

The Insider has learned that a top UK law firm is reeling under a sex scandal after one of the firm's equity partners (male) was caught in flagrante engaging in a sexual act with one of the firm's new robotic litigation assistants.

In the SCC decision, an equity partner at a B.C. law firm was deemed not to be an employee, and excluded from the anti-discrimination provisions of that province's statutory human rights regime.

Law firms» bank debts have jumped 36 % in the past year, from an average of # 28,000 to # 38,000 per equity partner, as the profession targets growth, says Hazlewoods, Chartered Accountants and Business Advisers who specialise in the legal profession.

Even opponents to using profit per equity partner (PEP) as a measure of law firm success would struggle to contend that a firm posting a 19 % year - on - year fall in profit was in anything other than a challenging position.

The UK Law Firm of the Year award, sponsored by Lamb & Brandformula, went to Shoosmiths after a hugely successful 2014 - 15 financial year in which the firm recorded an impressive 44 % hike in profits per equity partner alongside a solid revenue rise of 1Firm of the Year award, sponsored by Lamb & Brandformula, went to Shoosmiths after a hugely successful 2014 - 15 financial year in which the firm recorded an impressive 44 % hike in profits per equity partner alongside a solid revenue rise of 1firm recorded an impressive 44 % hike in profits per equity partner alongside a solid revenue rise of 10 %.

The Wall Street Journal reports, «In a survey of law firm leaders... by... the American Lawyer, 56 % said they planned to take away equity from partners in the coming year, and 67 % said they planned to ask partners to leave.&raquIn a survey of law firm leaders... by... the American Lawyer, 56 % said they planned to take away equity from partners in the coming year, and 67 % said they planned to ask partners to leave.&raquin the coming year, and 67 % said they planned to ask partners to leave.»

Until then, it was usual for a lawyer to join a firm upon graduation from law school, work hard as an associate for five to seven years, and then, in most cases, become an equity partner, staying until retirement or death.

It's now common for law firms to have at least two tiers of partners: equity partners who share directly in the profits of the firm; and nonequity, income, or contract partners who, in most cases, receive a base salary plus bonuses usually dependent upon their personal production.

In the name of «paying their dues,» a law firm's associates work hard for a number of years, earning a guaranteed salary, comfortable, but relatively low in relations to that of the equity partnerIn the name of «paying their dues,» a law firm's associates work hard for a number of years, earning a guaranteed salary, comfortable, but relatively low in relations to that of the equity partnerin relations to that of the equity partners.

If you follow the legal media, one of the biggest stories so far this year was when the major law firm, Dentons, announced it was no longer reporting average profits per equity partner, saying that it was a meaningless statistic for a firm that operates in so many global jurisdictions.

Magic Circle law firm Clifford Chance LLP LLP saw average profits per equity partner drop 37 % to # 733,000 ($ 1.2 million) in the...

McCarthy Tétrault LLP has acquired e-discovery law firm Wortzmans in an arrangement that will see Susan Wortzman join the firm as an equity partner.

The UK's leading law firms have struggled to match significant hikes in revenue with similar profitability increases during the past five years, with Legal Week research showing that 30 % of the UK top 50 have lower profits per equity partner (PEP) now than they did in 2011 - 12.

Specialist litigation firm Stewarts Law has posted a 30 % jump in average profit per equity partner (PEP) to # 2m for the 2016 - 17 year.

Even though Cravath pays equity partners $ 4 million a year, lawyers bringing in more than that want to see more and some other law firms are willing to provide that.

Global law firm White & Case LLP has further expanded its global private equity practice and presence in Asia with the addition of Peggy Wang as a partner in its Hong Kong office.

Global law firm White & Case LLP has further expanded its private equity capabilities in Asia - Pacific with the addition of Jianchong (Andre) Zhu as a partner in Beijing.

As the youngest female equity partner at OC's largest firm, Maria represents employers in all areas of labor and employment, including: wage and hour class actions; discrimination / harassment litigation; agency proceedings; labor law / collective - bargaining; preventative counseling; and management training.

Dosik was apparently not all that familiar with the partner, since the law firm in question came into the picture only last year when Church's was sold to a new private equity firm.