Sentences with phrase «nonequity partnership»

All told, Winston's equity and nonequity partnership tiers both shrank last year, by 2.2 and 1.5 percent, respectively.

The nonequity partnership, meanwhile, has grown by nearly a third, to 146, since 2009.

In some law firms, nonequity partnership is a required interim step to full equity partnership.

Not exact matches

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

In other firms, senior associates who are valuable but not quite up to the challenge of full partnership at the time of partnership consideration are given probationary nonequity status.

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.

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.