Michigan Anti-Bullying Laws & Policies Components of State Anti-Bullying Laws and Regulations How are bullying and cyberbullying defined in Michigan anti-bullying laws and regulations? Michigan anti-bullying laws and regulations include the following...
Cleary becomes latest US law firm to add non-equity partners
See you in the Home Depot lot.
Oct 10, 2024 (Reuters)
Cleary Gottlieb Steen & Hamilton will create a new category of non-equity partners, becoming the latest major U.S. law firm to move away from the traditional single-tier structure in which all partners have an ownership stake in the firm.
Adopting a non-equity partnership tier is “an important step for Cleary as we continue to strategically grow,” a firm spokesperson said in a Thursday statement. “Innovating in this way underscores our dedication to developing and retaining talent,” the spokesperson said.
New York-founded Cleary had 180 partners in 2023, according to figures published by the American Lawyer.
The firm generated more than $1.4 billion in total revenue, and profit per equity partner averaged $4.5 million, according to the American Lawyer data. Cleary has about 1,100 lawyers globally.
Read the full article here at Reuters
Other
A drunk driving investigation, a car wreck and a blood draw
A Case Summary: People v. Blake Anthony-William BartonOn October 11, 2024, the Michigan Court of Appeals issued a decision in the case People of the State of Michigan v. Blake Anthony-William Barton. The case involved a drunk driving investigation following a car...
Other Articles
Michigan House Bill 5451 of 2024
Michigan House Bill 5451 of 2024: A Step Toward "Safer Communities"Michigan House Bill 5451, introduced by Representative Sharon MacDonell in February 2024, aims to enhance firearm safety in homes with children. The bill mandates that the Department of Health and...
Michigan House Bill 5450 of 2024
Step by StepMichigan House Bill 5450 of 2024 is a bill that was introduced by Representative Sharon MacDonell on February 14, 2024. The bill was referred to the House Committee on Education and was reported with a recommendation with a substitute on May 14, 2024. The...
Trump plans – How does Cannabis Business fit in?
You work hard. Now get ready to work harder to prepare to give more.President Biden's administration has proposed the reclassification of marijuana from a Schedule I controlled substance to a Schedule III drug, which recognizes its medical benefits. This significant...
When Can Police Take Your Dash Cam?
You work hard. Now get ready to work harder to prepare to give more.In Michigan, police can take your dashcam footage in specific situations, primarily when they believe it could serve as evidence in a criminal investigation. Michigan law permits officers to seize...