For nine straight years now—and perhaps even further back than that—the nonequity tier of partners at large New Jersey-based firms, as well as at large New Jersey offices of out-of-state firms, has increased.
Among the group of 20 firms and branches for which the Law Journal has tracked data in recent years, last year’s total partner population of 1,497 included 692 nonequity partners. That’s a 46.2 percent share.
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