Wilmer Adds Nonequity Partnership Tier, Becoming Latest to Move to 2 Tiers
"Creating an income tier in the partnership gives us more flexibility to attract, promote, and retain the most sought-after talent in a very competitive market," said Wilmer's managing partner.
August 21, 2024 at 08:09 PM
2 minute read
Law Firm PartnersThe original version of this story was published on National Law Journal
What You Need to Know
- Wilmer's managing partner Anjan Sahni said Wednesday that the firm has created a nonequity partnership tier.
- The structure change will not impact lawyers who hold the partner title already, a source confirmed.
- Wilmer was one of 15 remaining law firms with a single-tier partnership in the Am Law 100.
Wilmer Cutler Pickering Hale and Dorr is creating a nonequity partnership tier, the firm told the National Law Journal on Wednesday, as the number of large law firms with a single-tier partnership dwindles even further.
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