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In a major purge at the end of 1999, Sidley & Austin demoted about 35 partners. It was the first time in the firm's 134-year history that it carried out such a thorough and overt housecleaning. The majority of the partners demoted were over 50 years old; they were christened "senior counsel." The remaining 15 became known as just plain "counsel." All told, nearly 10 percent of Sidley's approximately 400 partners were dethroned.
May 31, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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