Best Practice: Law firm equity partnership/admission requirements
Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. We have a 16-attorney business law firm in Cleveland, Ohio – six equity partners and 10 associates. The equity partners have been discussing putting in place an associate attorney career advancement program and outlining equity partner admission requirements. Can you share your thoughts on what we should be considering and how we should get started?
K. Nykoel Dinardo with Froum Law Group, LLC in Evanston is the first-place winner in the ISBA’s 2017 Lincoln Award Legal Writing Contest. She received a cash award of $2,000 for her article “Accessing Digital Assets after Death or Disability.” Though the first-place article typically appears in the February Illinois Bar Journal, Nykoel's article will not because 