Tag

Equity Partnership

All articles tagged with #equity partnership

law2 years ago

"Law Firms Make Strides in Diversity and Inclusion Despite Challenges"

Seramount has released its sixteenth annual list of the Best Law Firms for Women & Diversity, recognizing law firms that are pioneers in attracting, retaining, and promoting women lawyers. The top five firms are Arnold & Porter, Littler, Morrison Foerster, Orrick, Herrington & Sutcliffe LLP, and Perkins Coie. The recognized firms have an average of 42% women lawyers, 23% women of color, and 27% women equity partners. They also offer an average of 17 weeks of paid gender-neutral parental leave and 90% of the firms subsidize childcare.

law2 years ago

Biglaw Firms Accused of Gaming the System by Reducing Equity Partnership Ranks

Biglaw firms are "gaming" their profits per equity partner by shrinking the size of their equity ranks, limiting the number of lawyers who receive the bulk of their compensation through owning shares in the operation. This signals that law firm management is confident about its future, but it also implies that the path to equity partnership has become more difficult.