Sentences with phrase «retired partner»

At some firms, the title «of counsel» is given to retired partners who maintain ties to the firm.

He generally finds larger firms with more at stake develop formal exit plans for retiring partners.

This not only helps retiring partners leave with respect and dignity, it also sends a signal to younger lawyers that the firm is a decent place to spend their careers.

Thomas Heintzman, an experienced Toronto litigator and retired partner of McCathy Tetreault, was appointed sole arbitrator under the arbitration clause in an Engagement Agreement between Jacob and Typhoon.

The use of «& Associates» is not likely any more misleading than law firm names that include dead or retired partners in their names.

Isaac Shapiro, longtime friend of Isamu Noguchi and retired partner at Skadden, Arps, Meager and Flom LLP, will read a selection from his soon to be released memoirs.

Retiring partners need their capital accounts paid out.

She recently retired her partner, Chip.

Retired partners also can return to the firm periodically to share their wisdom about business development.

1987: Retired partner Lawrence Walsh is appointed Independent Prosecutor in the Iran - Contra hearings.

Bloxham, former head of insolvency at Freshfields, alleges that changes made to the firm's pension arrangements for retired partners amounted to direct and indirect discrimination against older partners.

Conversely, think of the fervent tributes paid to retiring partners who were as pleasant and thoughtful to others as they were skilled and respected by their peers.

The videos also feature prominent alumni talking about the chief counsel's office as the springboard for their careers, including Sheldon S. Cohen, retired partner at Morgan Lewis and former IRS commissioner, who now teaches at The George Washington University Law School; Pamela F. Olson, partner at Skadden Arps and former assistant secretary for tax policy at the U.S. Department of the Treasury; and Jack B. Johnson, chief executive of Maryland's Prince Georges County.

The employment tribunal was told that the reason Freshfields changed its pensions system — where current partners pay for retired partners» pensions — was to alter the «size and shape» of the partnership by weeding out older partners.

«MaRS» model of the mixed urban innovation hub is expanding globally,» said Martha Tory, retired partner, Ernst & Young.

Gutman is a retired partner from Simpson, Thatcher and Bartlett LLP, an international firm with American offices in New York City, Houston and Washington, D.C.

He's also there to recruit the athletic Edwards as a potential replacement for his recently - retired partner.

He was, formally, of counsel to the law firm of Corcoran & Klein — of counsel being a term of art covering a multitude of awkward relationships, from the retired partner who no longer does any lawyering to the out - of - work bureaucrat trying to bring in enough business to earn a full partnership to the go - go consultant looking for a respectable place to hang a shingle.

I have a friend who is a retired partner from Wellington in Boston (actually I have a number of friends who are retired partners from there).

This prohibition did not really affect larger law firms, which would just buy out partners, i.e. the partnership would return the percentage of the equity owned by the retiring partner.

Two of those attorneys, including Denis Cronin (now a retired partner serving as of counsel), remain at Vinson.

He is a retired partner in the Seattle office of the international law firm K&L Gates and is a lecturer at Stanford Law School where he teaches a seminar on the rule of law.

The retiring partners will have the option of continuing with the firm as salaried consultants.

Our session looked at succession planning from the standpoints of the firm, the client and the retiring partner.

As a mentor and coach to retiring partners, I help ease their transition out of the firm and into the next stage of their lives.

Mr. Geftic, as a retired partner of Mintz & Geftic, provides insight and advice to the attorneys at Mintz & Geftic on a regular basis.

We also work closely with the Barbara McDowell and Jerry Hartman Foundation, founded by our retired partner in memory of his late wife, to partner with legal services providers on high - impact pro bono litigation.

«If a firm doesn't have a cap, they are in big trouble because payments to retired partners will be a larger percentage of the firm's earnings, and everyone will have to take a haircut.»

«Somebody needs to start Occupy Big Law,» says Steven J. Harper, a retired partner formerly with U.S. - based international giant Kirkland & Ellis LLP.

Such plans, which have current partners paying the benefits of retired partners, are more prevalent in firms with 100 lawyers or more.

As a management consultant to law firms, I consider it important that certain considerations be taken into account when setting the compensation of retiring partners.

Further, it is generally recognized that transitioning clients from the retiring partner to another member of the firm will require time and effort on the part of the retiring partner, which may not be billable.

During the years preceding retirement, a retiring partner may wish to gradually reduce the number of billable hours that he or she spends on client work.

Retiring partners need to be motivated to (1) spending their time transitioning clients to other members of the firm, (2) providing greater opportunities for others to develop working relationships with clients to be transitioned and (3) over time, reducing the billable hours of retiring partners as they move towards retirement, without being penalized from a compensation standpoint.

Additionally, many partners believe that it is counter-productive to the transition process for a retiring partner to continue to perform a significant amount of billable work for a client being transitioned to another partner since it takes away opportunities for others to develop relationships with these clients.

The tax advantage for the firm is to have that pension paid to retired partners as a share of the firm's profits, instead of an outright purchase of the partner's capital in the firm.

Money: Retiring Partners have usually been making a lot of money for quite some time.

Yet retiring partners can often be some of the biggest rainmakers and financial producers in the firm, so they know that these extraordinary payments will need to take place in a time of probable reduced production.

Trappings: Some of a retiring partner's self - identify might also be related to the items of status around them: their title, their office, their assistant.

Most firms start with the urgency of a retiring partner and a top client.

A retired partner and former Head of Pinsent Mason's Aberdeen office, Roger has over 25 years» experience in corporate and commercial law, specialising in the O&G sector.

Additionally, some forms of life insurance policies grow cash value that can be used to purchase your retiring partner's interest.

At the same time, life insurance policies can also grow cash value that can be used to purchase a retiring partner's interest.

The objective of taking such a policy is to minimise the financial hardships to the event of payment of a large sum to the legal representatives of a deceased partner or to the retiring partner.

The real barometer of success (or more accurately, lack of it) is the number of closed businesses, says Kenneth M. Tessis, retired partner and former president of insolvency and restructuring services at Soberman LLP in Toronto.