Sentences with phrase «nonequity partners»

In 2011, Husch Blackwell also reduced the size of its equity partnership by more than 4 percent to 158 and cut the number of nonequity partners by almost 7 percent to 169.

The Am Law Daily reported in late 2010 that Husch Blackwell had let go of at least 20 underperforming associates and nonequity partners.

Steady progress continues for women: in February, they were 50 % of the nonequity partners earning equity roles.

The Seyfarth Women's Network provides coaching and development opportunities to nonequity partners and addresses issues in all female attorneys» careers.

Baker & Daniels relied on a classic two - tier system, with 106 equity partners in 2011 and 48 nonequity partners.

Combined earnings distributable to equity and nonequity partners should have been $ 255.1 million, not the $ 401 million Dewey reported, according to what appears to be a 2010 audited financial statement from the firm.

According to the new information, equity and nonequity partners shared a profit pool of $ 254 million.

Dewey's 2011 financials showed that, in 2011, nonequity partners took the most direct hit.

Dewey management evaluates and resets partner compensation each year, and over the past year, compensation haircuts affected a range of equity and nonequity partners, according to Davis.

The 355 - lawyer firm added 17 attorneys in 2011, including 11 equity and nonequity partners.

In the legal field, they are 45.4 percent of associates — but only 25 percent of nonequity partners and 15 percent of equity partners.

A former nonequity partner at Dorsey & Whitney in Seattle has been disbarred for collecting more than $ 56,000 in fees from outside immigration clients without telling the firm about the...

A former nonequity partner at Dorsey & Whitney in Seattle has been disbarred for collecting more than $ 56,000 in fees from outside immigration clients without telling the firm about the work.

They seem to want to have it both ways: let the external client world assume a nonequity partner is a true owner of the firm, while internally treating her like an associate on steroids.

As an associate (and, in most cases, as a nonequity partner), your salary and benefits are part of the firm's overhead.

This traditional associate to nonequity partner to equity partner model sets the stage for intense internal competition among the many (associates / nonequity partners) for the few equity spots — where the real money at these firms is made.

A thirtysomething nonequity partner: «Life was easier when I was an associate.

Over the past two calendar years, White & Case has added 45 senior laterals and promoted a total of 75 lawyers to either equity or nonequity partner status, many of them in the M&A, capital markets, and litigation practices.

Not exact matches

As you can see from last year's write - up by Alison Frankel, one can learn a lot about the varying stripes of partner compensation in American BigLaw (equity, nonequity, junior, senior, etc.).

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.

A large number have traditionally split the partnership hierarchy into two: nonequity and equity partners.

Now, brace yourself for Henderson's highly counterintuitive findings: In his opinion, firms that have switched to two - tier structures that allow so - called «nonequity» partnerships are actually producing lower profits per partner (PPP) and have lower prestige.

Equity partners, viewed apart from the nonequity tier, shared a net of $ 197.5 million, not the $ 340.5 million first reported by The American Lawyer.

McDermott Will & Emery Chicago, IL Long - range planning readies women to become equity partners at this firm, providing those in nonequity roles with eight months of career coaching and encouraging them to share their ideas.