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The Shift: The Talent War Is Forcing Firms to Reconsider Career Paths

When the top-grossing law firm in the world does something, the rest of the industry tends to take notice. So it's safe to assume that Kirkland & Ellis' recent announcement that it plans to shorten the track for an attorney to become equity partner will have a ripple effect.

It doesn't feel like a coincidence that the news came just two weeks after Sidley Austin announced plans of its own to add depth to its associate development regimen and introduce new titles to better match the growing responsibilities of its senior associates.