Law Jobs – The Mayer Brown downsize recently, where the firm reduced its equity partners in order to stay lean, mean and able to attract the talent it needs to grow and compete, is not a problem for Mayer Brown alone. As the National Law Journal reports there are many other firms in a similar position.
Ranked ninth in The National Law Journal’s 2006 survey of the nation’s 250 largest firms, Mayer Brown, with 427 equity partners, nevertheless languished at 51st in average profits per equity partner, according to The American Lawyer. The firm’s average profits per equity partner were $955,000.
