With plenty of lawyers but relatively low partner profits, Mayer, Brown, Rowe & Maw found itself earlier this month in the uncomfortable position of having to downsize its equity partner ranks in what it said was a push to stay competitive in the war for talent.
But a look at other big law firms shows that many are in the same situation as the Chicago firm, raising questions about whether they, too, will want to do some significant trimming at the top.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]