Partners follow associates

Posted: Tue 8:59, 09 Jul 2013

Partners follow associates
Justice is supposedly blind so it about time that partners, Both plain vanilla flavoring and equity,[link widoczny dla zalogowanych], Are following associates and staff on our way. in order to a survey by Wells Fargo legal group about 15% of the 120 law firms interviewed will be letting partners go in 2013.
During a Bloomberg interview on the growing practice of suicide pricing at lawyers, Bruce MacEwen including Esq. That 2013 would bring ex cuts. Those not bringing in business or not enough revenue through billable hours will definately get a talking to and if that doesn bring the right results their compensation could be downsized to that of a first year associate. In most cases that humiliation will do the trick and they'll walk,[link widoczny dla zalogowanych], similar to the firm intended.
MacEwen also sees the possibility of bankruptcies in BigLaw this year,[link widoczny dla zalogowanych], particularly when Q4 didn bring in enough revenue from accounts receivable. Unlike large companies which can manage to stay afloat during hard times,[link widoczny dla zalogowanych], Most law offices can only weather about a year before they tank.
Some partners who wind up relieved that they are released from their emotional bondage. A specialist in upscale West Hartford,[link widoczny dla zalogowanych], Connecticut told me that a lot more law partners are coming to sort things out. Not that their jobs are in danger. The motivation to consult with a therapist is their deep unhappiness,
相关的主题文章:

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]