Sentences with phrase «of nonequity»

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.

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

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

Not exact matches

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 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.).

Others can take «of counsel» or nonequity positions at other firms.

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.

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

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.

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.

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.

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

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.

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.

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