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3 matches for 'promotions'

• BigLaw Partner Promotions Plummet, Even at Highly Profitable Wachtell

  —ABA Journal Top Stories

  Last year, Wachtell Lipton Rosen & Katz promoted six attorneys to partner. This year, despite being the most profitable firm in the country, it named only two new partners this month. And it's far from alone in reducing its ownership ranks. Many BigLaw firms are promoting fewer associates to partner [...]

  Posted: November 30, 2009, 11:28am EST
  

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• Why Abandoning Lockstep Can Lead to Disgruntled Associates

  —ABA Journal Top Stories

  Abandoning lockstep promotions and salary hikes for associates can hurt morale if the system is perceived as unfair, according to a consultant who is an organizational psychologist. Writing for the New York Law Journal, Larry Richard of the legal consulting firm Hildebrandt warns about the dangers of moving to a [...]

  Posted: November 06, 2009, 11:27am EST
  

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• After Difficult Year, Latham & Watkins Announces 23 New Partners

  —ABA Journal Top Stories

  Latham & Watkins has promoted 23 associates to partner, about 25 percent fewer than last year. Still, the number outpaces promotions at a few other law firms that have announced new partners. Eric Bernthal, managing partner of Latham's Washington, D.C., office, told The BLT: The Blog of Legal Times that [...]

  Posted: November 05, 2009, 12:24pm EST
  

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