Archive: November, 2009

Fewer Associates Promoted To Partner In Downturn

Posted on 11/11/09 , No Comments

Originally published here: By Shannon Henson Law360, New York (November 11, 2009) — The recession has prompted some large firms to be more conservative about promoting associates to partner in 2009, according to legal industry observers. It’s hard to generalize how law firms are making promotional decisions this year, but the classes seem to [...]

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Washington is Becoming the Center of the Universe; Industry Practice Groups;

Posted on 11/04/09 , No Comments

Originally published here: By Christie Smythe Law360, New York (November 04, 2009) — While some observers say the tactic is more marketing strategy than substance, law firms are increasingly organizing themselves into industry-specific groups, a trend that some firms say has helped them develop or maintain an edge in landing mergers and acquisitions and [...]

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New lateral Partners – Equity vs. Non-Equity

Posted on 11/02/09 , No Comments

Originally published here: By Shannon Henson Law360, New York (November 02, 2009) — Some attorneys have become increasingly reluctant to join law firms as equity partners, an about-face that comes amid concerns about liability, profitability and the viability of law firms in the economic downturn, legal industry consultants said. The downturn has prompted attorneys [...]

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