#law-firm-structure

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#global-profit-pool #swiss-verein #dla-piper #legal-industry-consolidation #nonequity-partners
Law
fromAbove the Law
2 days ago

Global Biglaw Shakeup: Top Firm Eyes Unified Profit Pool - Above the Law

DLA Piper is abandoning its Swiss verein structure to adopt a single global profit pool, unifying U.S. and non-U.S. partnerships financially for the first time and signaling potential industry-wide structural changes.
Law
fromAbove the Law
3 weeks ago

Nonequity Partners: It's Not Personal, It's Just Business - Above the Law

Law firms increasingly use nonequity partners—partners in name only—who are employees without profit sharing or decision-making power.
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