Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how one law firm’s experience with adding an income partner tier might provide clues for others who’ve recently adopted the strategy. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.
Paul Weiss last week announced its first set of new partners since the prestigious New York law firm said it would adopt a tier of “income” partners.
The number—34—was significantly more than its recent average of about 11 new equity partners.
The difference is explained, in part, by ...
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