Law firm news by topic » Partners

Proposed tax reform could affect at large law firms

Jan 1, 2014 A proposal for tax reform - which is currently before congress - could significantly affect the operations at large US law firms. Under the proposed law, law firms with gross receipts of greater than $10 million would be…

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Law firms rush to collect on unpaid bills

Dec 24, 2013 Law firms have been scrambling to collect payment before the end of the year - a sensitive task if it is to be carried out effectively while maintaining goodwill with clients. Most US law firms link partner…

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US law firms find their own alternatives

Sep 23, 2013 The US legal system does not currently permit non-lawyers to be partners in, or share profits with, law firms, on the principle that the industry needs a level of independence in order to serve clients properly. Some…

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Top 20 UK firms reduce equity partnerships

Sep 11, 2013 The UK's 20 largest law firms by revenue have seen the overall proportion of equity partners fall by 12% over the last seven years, with equity partners accounting for 59% of the total partner count in 2012-13, according…

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DWF's controversial pay rate disparity

Aug 23, 2013 Roll on Friday reports that the trainees qualifying at DWF next month will be paid more than some first and second year lawyers. The pay disparity arises from DWF’s acquisition of…

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