How does a law firm that treats all its lawyers as partners and is ruled by a one-person, one-vote philosophy fire 15 percent of its members? Egalitarianism goes by the wayside. The firm changes its partnership agreement to concentrate power in the hands of a three-person executive committee before the axe falls. Such was the case at New York's Anderson Kill & Olick, which on March 12 fired 22 of 130 partners.
March 29, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
How does a law firm that treats all its lawyers as partners and is ruled by a one-person, one-vote philosophy fire 15 percent of its members?
Egalitarianism goes by the wayside. The firm changes its partnership agreement to concentrate power in the hands of a three-person executive committee before the axe falls.
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