Large Firms
Mar. 13, 2009
Partners Are on The Chopping Block, Too
Consultants say firms across the nation are asking equity and non-equity partners alike to leave their partnerships at a pace on par with layoffs in the non-partner ranks.
Daily Journal Staff Writer SAN FRANCISCO - Partners aren't immune to the waves of layoffs that have swept the legal industry since the fall. Consultants say firms across the country are asking equity and non-equity partners alike to leave their partnerships at a pace on par with layoffs in the non-partner ranks. This week, New York-based White & Case became the first U.S. firm to publicly acknowledge that some of its partners w...
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