nonequity partners

The Shifting Legal Talent Landscape: What It Means for Associates and Law Firms in 2025

The Shifting Legal Talent Landscape: What It Means for Associates and Law Firms in 2025

Law Firms Are Evolving – But Not in Favor of Junior Associates The 2025 Report on the State of the…

Duane Morris Faces Lawsuit Over Alleged Gender and Racial Pay Inequities

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

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

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

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…