Forget associate layoffs. The most precarious position for attorneys in big law firms right now may well be among the nonequity partner ranks. Although two-tier partnerships have existed in some law firms for decades, more recently many firms have drastically boosted their nonequity numbers as a way to transition associates into full-partner status and to determine which attorneys can cut it as a firm owner in the future.
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Nonequity partners may be casualties
The National Law Journal
December 15, 2008
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