X

nonequity partners

Duane Morris Faces Lawsuit Over Alleged Gender and Racial Pay Inequities

Lawsuit Accusations On August 1, 2024, a class action lawsuit was filed against the law firm Duane Morris, alleging that…

K&L Gates is Trimming Their Nonequity Partners Down

Summary: A majority of the mass of departures from K&L Gates can be credited with the firm’s efforts to only…

Many Law Firm Partners Not Busy Enough

Summary: According to a recent survey taken by Altman Weil, too many law firm partners do not have enough work…

Profits and Revenue Down at O’Melveny for Second Year Running

O'Melveny & Myers has reported a second year of revenue and profit loss. The Los Angeles-based firms litigation department, composing…

No Bonuses? Pay Freezes? How About Having to Pay to Work?

Above the Law quotes an unnamed source at Clifford Chance , that partners will have to actually pay the firm…

Non-equity Partners In “Precarious Position”

At least two more law firms are considering following the lead of DLA Piper, requiring nonequity partners to buy into…