Law firm health can't be measured by PPP
Average profits per equity partner is a metric that gets a lot of attention in the legal services industry, and is key to the results of the annual American Lawyer rankings — the Am Law 100. But measuring the
Average profits per equity partner is a metric that gets a lot of attention in the legal services industry, and is key to the results of the annual American Lawyer rankings — the Am Law 100. But measuring the
Indian firm Remfry & Sagar has created a pre-partnership career rung and promoted four managing associates to the newly created partner-designate position. Managing
The respective partnerships at UK firm SJ Berwin and Asia-Pacific firm King & Wood Mallesons are set to vote on a global merger in
It is getting harder to reach partnership in large law firms, according to a report from Legal Week. 370 partners were promoted to partnerships in the top 30 UK firms this year, down 8% on last year's figure of 401. In
Scotland’s largest law firm Dundas & Wilson has made up ten partners, bringing the total partnership to 75. The promotions come after a string of departures brought the
DLA Piper has promoted 34 lawyers to the firm’s partnership globally, down 40 per cent from the 58 promotions made last year. Broken down by practice area, the litigation and
Hill Dickinson looks set to make redundancies, having launched a review of its UK business. The move comes after the firm posted flat revenues for the 2012-13 financial year. At the conclusion of the review, at the
Lawrence Graham has promoted three lawyers to its partnership, up from four promotions last year. London commercial lawyer Vanessa de Froberville was tapped for promotion,
Mills & Reeve has promoted six lawyers to the partnership in its annual promotions round, up from three last year. The promotions will come into effect on 1 June - the same
Pinsent Masons has promoted 14 lawyers to its partnership in its annual promotions round, up from 13 last year. Three of the new partners are based in London, four are in
Irwin Mitchell has promoted ten lawyers to the partnership, elevating six lawyers from the personal legal services division and four from the commercial team. In addition, the
A new report has found that the wage gap between private practice and in-house lawyers is closing, as the amount of time taken to reach partnership continues to increase. Towers Watson’s Legal Salary Report found
Berrymans Lace Mawer has promoted 17 associates to the partnership, bringing the total partnership headcount to 166. This years promotions round is larger than last year,
The general counsel and corporate secretary of Murchison Oil & Gas Inc point out that working in-house has allowed her to escape the tyrannies of the billable hour. "I'm building relationships with the people I'm working
HSA Advocates has conducted its annual promotions round, elevating one lawyer to the partnership, two to associate partner status, four to senior associate rank and appointing