Partnership Shell Game

After two years of advocacy by various organizations, the National Association for Law Placement (NALP) agreed last November to collect data on law firm partnership structures. Instead of just providing a partner headcount, firms would disclose the number of equity and non-equity partners. Equity partners...

Law Grads from "Non-Elite" Law Schools Proving Partnership Ability

Graduates from lower-ranked law schools may have a tougher time getting jobs in larger firms, but tend to land partnership positions in higher numbers. By reviewing partnership data provided by the National Law Journal , Indiana University law professor William Hendrickson determined that graduates from...

Sacrifices to Becoming a Partner in a Large Law Firm

I seem to have it made as a 37-year-old lawyer: partner with a "Big Law" firm here in Pennsylvania, nice house in the suburbs with spouse and kids, recognized as a solid producer by senior management. I can probably run the table here until retirement in 25 years. Only one problem: I'm...