Credit: forestpath/Adobe Stock The Path to Equity Partnership Is Lengthening. Are Firms Making the Change in Good Faith?
While a recent suit against Duane Morris alleges the firm is using the firm's non-equity tier to goose partner profits, some market observers see the ever-extending path to the equity partnership as a recognition of firms' legitimate business needs.
August 06, 2024 at 06:35 PM
5 minute read
The original version of this story was published on The American Lawyer
The finish line to becoming an equity partner at a Big Law firm is perpetually shifting, extending the track from associate to equity partner as firm competition for clients continues to heat up.
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