While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as ...

Add Yahoo as a preferred source to see more of our stories on Google. Clarification: This article was updated to clarify the transitionary nature of the two general officer’s assignments at the new ...

As ever, thanks to everyone who asked questions and sorry we can only answer a small selection. Hopefully, the questions and answers below give a snapshot of some of the main areas you asked about — ...

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More elite law firms, including the recent addition of Cravath Swaine & Moore, are introducing two-tier partnership structures. This approach, inspired by early movers like Kirkland & Ellis, has ...