TBA Law Blog


Posted by: Barry Kolar on Oct 11, 2016

Law firms are increasing assessing performance of partners and some are moving to demote those who do not bring in enough business or bill enough hours, the Wall Street Journal reports. Citing a survey from American Lawyer magazine, the WSJ reports that 56 percent of law firm leaders say they plan to take away equity from partners in the coming year and 67 percent say they plan to ask partners to leave.