LawFuel.com – See ‘Hot Gossip’ – The WSJ Law Blog carries a memo put out to Mayer Brown associates regarding the ‘loss’ or demotion of 45 partners (you interpret). The blog reports chairman-to-be James Holzhauer saying the cuts were made to increase the firm’s “leverage,” which reflects the ratio of partners to associates, in an effort to boost profits per partner. (You interpret).
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