The Newswire for Business Lawyers

Laterals Turn Up Their Noses At Equity Partnership

Law360, New York (November 02, 2009) -- Some attorneys have become increasingly reluctant to join law firms as equity partners, an about-face that comes amid concerns about liability, profitability and the viability of law firms in the economic downturn, legal industry consultants said.

The downturn has prompted attorneys to scrutinize professional moves more than ever before, consultants said. That has led some lawyers to ask firms if they can join as of counsel...

Login

E-mail
Password
 
  I forgot my login details.

For the whole story, take a 7-day free trial.

Submit your request to try Law360 for free for seven days:

*
*
*
*
*
*
*
*

*Required

Select at least one interest area:*
You will receive Law360's free daily newsletter for the interest area(s) selected..

Appellate
Bankruptcy
Competition
Contract
Corporate Finance
Employment
Energy
Environmental
Financial Services
Health
Insurance
Intellectual Property
International Trade
Product Liability
Securities
Technology
Top News (General Interest)

The only daily news service covering every major practice area of the law.
  • Breaking news available nowhere else
  • More than 66% of articles published before or simultaneously with any other source
  • 44% of articles have critical legal documents attached
  • More than 1,000 columns by leading practitioners published per year
  • More than 20,000 exclusive articles published per year
  • Detailed coverage of 16 major practice areas