The Real World Is Coming For Gen Z Lawyers – Above the Law

If
your
social
media
feed
is
anything
like
mine,
it’s
filled
with
stories
of
Gen
Z
failing
at
work.
It’s
sparked
by
a

recent
survey

by
Intelligent
about
how
Gen
Z
is
faring
in
the
workplace

and
it’s
not
great.

Sixty
percent
of
employers
said
they’ve
had
to
fire
Gen
Z
hires
only
months
after
they’ve
been
onboarded.
Hiring
managers
said
the
generation
is
“unprepared
for
the
workforce,
can’t
handle
the
workload,
and
are
unprofessional,”
with
90%
saying
Gen
Z
needs
etiquette
training.
Intelligent’s
Chief
Education
and
Career
Development
Advisor
Huy
Nguyen
said,
“Many
recent
college
graduates
may
struggle
with
entering
the
workforce
for
the
first
time
as
it
can
be
a
huge
contrast
from
what
they
are
used
to
throughout
their
education
journey.”
Nguyen
continued
in
the
harsh
assessment,
“They
are
often
unprepared
for
a
less
structured
environment,
workplace
cultural
dynamics,
and
the
expectation
of
autonomous
work.
Although
they
may
have
some
theoretical
knowledge
from
college,
they
often
lack
the
practical,
real-world
experience
and
soft
skills
required
to
succeed
in
the
work
environment.”

Now
that
the
oldest
Gen
Zers
are
starting
to
graduate
law
school
and
enter
not
just
the
workforce,
but
the
legal
workforce,
it
has
us
at
Above
the
Law
wondering
how
it’s
going.
Well,
one
experienced
Florida
lawyer,

Sheila
Zolnoor
,
took
to
TikTok
to
share
an
infuriating
experience
dealing
with
Gen
Z
at
work.
If
this
story
is
any
indication,
reality
is
going
to
be
a
rude
awakening.


@_.sheilove

So
i
undertsand
professional
boundaries
and
i
dont
think
people
need
to
work
themselves
to
the
bone.
I
am
a
proponent
of
a
3
or
4
day
workweek
and
leaving
the
office
when
youre
done
with
your
work—even
if
thats
11:30
am
and
nor
5pm.
Ok?
So
i
am
down
for
that
cause.
But
i
also
think
we
need
to
appreciate
where
we
are
in
our
career…if
i
have
29
days
experience,
there’s
a
chance
i
haven’t
really
started
to
nanage
my
time
right
yet
and
maybe
i
need
to
stretch
myself
a
little
further
til
i
learn
the
ropes…is
that
outrageous??
Whatever
im
willing
to
be
wrong…thanks
for
the
vent
session.

#lawtok


#law


#lawyersoftiktok


#lawyer


#genz


#fired


#workethic


#boundaries


#getoffmylawn


#storytime



original
sound

Sheila🧿




Kathryn Rubino HeadshotKathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of

The
Jabot
podcast
,
and
co-host
of

Thinking
Like
A
Lawyer
.
AtL
tipsters
are
the
best,
so
please
connect
with
her.
Feel
free
to
email

her

with
any
tips,
questions,
or
comments
and
follow
her
on
Twitter

@Kathryn1
 or
Mastodon

@[email protected].

The Questions To Make Fund Formation Your Competitive Advantage – Above the Law


Private
equity
forms
an
important
part
of
investors’
portfolios,
but
the
market
has
recently
been
buffeted
by
economic
headwinds.


Asset
managers
are
also
being
impacted
by
a
substantial
amount
of
regulatory
change,
and
clients
are
working
with
multiple
investors
across
different
funds. 


All
of
which
creates
a
complex
landscape
that
must
be
handled
with
dexterity,
bearing
in
mind
all
the
various
obligations,
needs,
and
drivers
in
the
mix.


In
this
environment,
asset
managers
need
to
adapt
to
thrive

and
they
need
their
outside
counsel
to
do
likewise. 


For
law
firms,
leveraging
software
solutions
to
provide
unique
experiences
that
facilitate
collaboration
and
smooth-out
the
fund
formation
process
should
help
attract
and
retain
clients,
and
solve
ongoing
productivity
and
profitability
challenges. 


Is
it
time
to
reimagine
your
approach
to
fund
formation?
Here,
our
friends
at
Thomson
Reuters
provide
some
fundamental
questions
to
ask. 


Download
Now

Will Somebody Please Think Of Donald Trump! – See Also – Above the Law

Todd
Blanche
and
Donald
Trump
(Photo
by
Brendan
McDermid-Pool/Getty
Images)


Giuliani
Wants
His
Case
To
Wait:


Because

he’s

the
reason
folks
have
a
problem
with
Trump
.


So
Much
For
Standing
Your
Ground:


Twitter
caves
to
Brazil’s
demands
.


Things
Are
About
To
Get
SPOOKY:


Prepare
your
costumes
for
ATL’s
Halloween
Contest
!


It
Isn’t
Looking
Good
For
The
5th
Circuit:


Seems
like
they’re
going
to
get
reversed,
again
!


Now
That’s
A
Lot
Of
LSATs!:


A
world
in
crisis
means
more
1Ls
!

These State Attorneys General Are Coming After TikTok – Above the Law



Ed.
Note:

Welcome
to
our
daily
feature

Trivia
Question
of
the
Day!


Attorneys
General
from
which
states
recently
filed
suit
against
TikTok
alleging
it
targets
and
manipulates
young
users?


Hint:
As
one
state
AG
said,
“TikTok
pushes
its
young
users
to
spend
all
of
their
time
on
the
platform
with
no
regard
for
the
effect
it
has
on
their
mental
health
and
well-being.
TikTok
built
a
platform
to
exploit
teens
for
profit,
and
its
reason
for
doing
so
is
simple.
One
word:
greed.”



See
the
answer
on
the
next
page.

The ABA Really Doesn’t Want To Get Sued By Blum & Co. – Above the Law

When
SFFA
v.
Harvard
was
first
decided,
we
were
flooded
with
what
were
effectively
solidarity
posts

Biglaw
firms
and
universities
sent
out
statements
reaffirming
their
steadfast
commitment
to
fostering
diversity
no
matter
what
the
Supreme
Court
decided.
Then
the
lawsuits
happened.
Since
then,
big-name
firms
like

Morrison
Foerster

skipped
the
courtroom
and
decided
to
remove
the
diversity
language
that
was
getting
them
in
trouble.
The
ABA
even
tried
to
adapt
on
the
fly
and
floated
the
idea
of
diversifying
diversity,

whatever
that
means
.
Well,
enough
time
has
passed
and
the
party
is
over.
The
ABA’s
recent
judicial
clerkship
revision
gets
rid
of
even
needing
to
worry
about
minorities
all
together.

Reuters

has
coverage:

The
American
Bar
Association
has
revised
the
criteria
for
its
Judicial
Clerkship
Program,
opens
new
tab
to
eliminate
references
to
minority
students
and
“communities
of
color”
after
a
conservative
legal
group
alleged
that
the
ABA
was
illegally
discriminating
by
using
racial
quotas…Now,
law
schools
are
“encouraged
to
select
a
diverse
group
of
students,”
and
judges
have
no
hiring
parameters.

That
encouragement
will
have
about
as
much
force

as
asking
Supreme
Court
justices
to
divulge
how
generous
their
friends
are
on
time
.
References
to
minority
students
usually
get
treated
as
referring
to
racial
minorities,
but
don’t
be
fooled


this
is
gonna
hurt
women
and
a
bunch
of
other
students
too
.
An
attorney
working
with
the
Wisconsin
Institute
for
Law
and
Liberty
(because
of
course
it’s
them)
saw
the
change
as
a
win,
saying
that
“all
students
deserve
a
fair
shot
at
employment
and
no
one
should
be
judged
based
on
the
color
of
their
skin.”
That
sounds
great
in
a
vacuum.
It
is
facially
true

no
one’s
resume
should
be
judged
differently
because
of
their
race
or
gender


but
that’s
not
how
the
world
works
right
now
.
Getting
rid
of
inclusion
efforts
is
marketed
as
a
way
to
make
choosing
from
the
hiring
pool
fairer,
but
it
actually
just
makes
it
easier
to
leave
minority
applicants
to
drown.


ABA
Strikes
‘Minority’
And
‘Of
Color’
From
Clerkship
Criteria
Amid
Lawsuit
Threat

[Reuters]


Earlier
:

ABA
Council
Proposes
Language
Change
To
Nix
‘Diversity’
From
Law
School
Considerations


ABA
Committee
Decides
To
Diversify
Diversity.
It
Should
Come
With
A
Clear
Reason
For
Why
That’s
Important



Chris
Williams
became
a
social
media
manager
and
assistant
editor
for
Above
the
Law
in
June
2021.
Prior
to
joining
the
staff,
he
moonlighted
as
a
minor
Memelord™
in
the
Facebook
group Law
School
Memes
for
Edgy
T14s
.
 He
endured
Missouri
long
enough
to
graduate
from
Washington
University
in
St.
Louis
School
of
Law.
He
is
a
former
boatbuilder
who
cannot
swim, a
published
author
on
critical
race
theory,
philosophy,
and
humor
,
and
has
a
love
for
cycling
that
occasionally
annoys
his
peers.
You
can
reach
him
by
email
at [email protected] and
by
tweet
at @WritesForRent.

Joe Biden Is NOT A Fan Of Merrick Garland, New Book Says – Above the Law

(Photo
by
Brendan
Smialowski/AFP/Getty
Images)



Ed.
note
:
Welcome
to
our
daily
feature,

Quote
of
the
Day
.


Should
never
have
picked
Garland.




President
Joe
Biden,
in
words

reportedly
shared

with
a
colleague
in
the
wake
of
Attorney
General
Merrick
Garland’s
decision
to
appoint
a
special
prosecutor
to
handle
Hunter
Biden’s
case.
Washington
Post
associate
editor
Bob
Woodward
includes
this
quote
in
his
new
novel,

“War”

(affiliate
link),
chronicling
the
political
climate
in
the
U.S.
amid
foreign
conflicts
in
Ukraine
and
Israel.



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

email

her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on

X/Twitter

and

Threads

or
connect
with
her
on

LinkedIn
.

Federal Judges Push Back On Self-Importance Of CEOs – Above the Law

It
may
have
taken
40
years,
but
federal
courts
are
finally
pushing
back
on
the
legal
theory
that
the
CEOs
of
major
corporations
are
simply
too
important
to
testify.
Back

in
1985
,
the
apex
doctrine
was
codified.
In
a
personal
injury
has
against
Chrysler,
top
exec
Lee
Iacocca
was
shielded
from
having
to
sit
for
a
deposition
because
he
was
a
“singularly
unique
and
important”
individual.

Since
then,
C-suite
individuals
like
Elon
Musk
and
Mark
Zuckerberg
have
invoked
the
doctrine
to
avoid
testifying
in
various
litigation.
However,
the
tides
are
changing.
As
federal
Judge
Iain
D.
Johnston

told
Bloomberg
Law
,
“Single
moms,
single
dads,
who’ve
got
part
time
jobs,
are
taking
classes,
are
taking
kids
to
daycare—is
their
time
less
valuable
than
the
CEO
of
a
major
corporation
sitting
in
a
meeting?
There
should
be
a
healthy
skepticism
of
people’s
self-importance.”

Biglaw
partners
are
seeing
that
shift
happening
in
real
time.

David
Fertig,
a
partner
at
BakerHostetler
who’s
litigated
both
sides
of
the
apex
doctrine,
said
the
question
in
litigation
is
shifting
to
whether
the
apex
witness
has
unique
information
relevant
to
a
case,
rather
than
if
the
CEO
is
too
busy
or
otherwise
important
to
be
deposed.
In
some
instances,
legal
fights
ensue
over
limiting
the
scope
and
length
of
the
deposition,
rather
than
whether
the
deposition
can
happen,
Fertig
said.

“There’s
increasing
concern
and
public
outcry
for
people
of
significant
wealth
and
power
to
answer
for
corporate
conduct,”
Fertig
said.
“Courts
have
therefore
shown
some
reluctance
to
the
idea
that
merely
by
virtue
of
their
status
as
senior
executives,
apex
witnesses
are
immune
from
deposition.”

And
Duane
Morris
partner
Gerald
Maatman
Jr.
said,
“There’s
no
free
pass
anymore.
There’s
no
presumption
that
just
because
you’re
the
CEO,
you
get
to
avoid
depositions.”

When
trying
again
to
invoke
the
doctrine
earlier
this
year,
Zuckerberg
wasn’t
as
successful
as
he
was
in
the
past.
And
he’s
not
the
only
CEO
ordered
to
be
deposed
this
year.

The
tech
titan’s
change
in
fortune
reflects
a
backlash
against
the
apex
doctrine
by
judges
swayed
by
populist
arguments
that
it
unfairly
favors
the
powerful.
McDonald’s
Corp.
CEO
Christopher
Kempczinski,
Microsoft
Corp.
CEO
Satya
Nadella,
activist
investor
Carson
Block,
Madison
Square
Garden
chief
James
Dolan,
and
now
Zuckerberg
all
lost
bids
in
the
past
year
to
duck
depositions
under
the
apex
doctrine
in
federal
courts.

It
may
not
be
as
radical
as
plaintiffs
attorneys
might
like

Robbins
Geller
attorney
Jason
Forge
said
“the
entire
concept
is
a
disgrace”

but
there’s
still
been
significant
progress
pushing
against
the
notion
that
corporate
executives
are
(sigh)
above
the
law.




Kathryn Rubino HeadshotKathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of

The
Jabot
podcast
,
and
co-host
of

Thinking
Like
A
Lawyer
.
AtL
tipsters
are
the
best,
so
please
connect
with
her.
Feel
free
to
email

her

with
any
tips,
questions,
or
comments
and
follow
her
on
Twitter

@Kathryn1
 or
Mastodon

@[email protected].

Phil Vassar Is A State Fair Legend And I Hereby Demand His Induction Into The Nashville Songwriters Hall Of Fame – Above the Law

Phil
Vassar
(Courtesy
photo)

It’s
the
record-setting
first
day
of
a
Minnesota
State
Fair
that
will
see

many
attendance
records
toppled
.
Based
on
the
size
of
the
crowd
already
gathered
an
hour
before
his
show,
Phil
Vassar
had
a
little
something
to
do
with
that.

Fairgoers
were
lucky.
Substitute
a
few
moments
of
hesitation
for
decisive
action
under
pressure,
and
Vassar
would
not
have
been
there
to
headline
these
first
two
nights.

“Touring
means
more
to
me
now
than
ever,
honestly,”
says
Vassar,
62.
“I
don’t
know
if
you
know,
but
I
had
a
heart
attack
last
year.
I’m
the
guy
who
never
drank.
All
my
buddies,
ha,
they
pounded
it
hard,
they’re
still
rocking.
And
I’m
the
one
who
just
drops
dead.”

It
took
10
shocks
from
an
AED
to
restart
Vassar’s
failing
heart.
On
his
tour
bus

once
owned
by
country
music
legend
George
Jones

I
speak
to
the
woman
who
found
him,
ashen,
unconscious,
as
he
succumbed
to
his
cardiac
event.
She
performed
CPR,
did
it
the
right
way:
with
multiple
ribs
fractured.
She
saved
Vassar’s
life.
She
is
shy,
and
I
don’t
think
would
want
to
be
named
in
print.

“It
was
very
humbling,”
says
Vassar.
“You
think
you’re
bulletproof,
but
you’re
not.
I’m
very
blessed.
Very,
very
thankful.”

The
heat
of
the
day
has
dissipated.
A
cool
breeze
wafts
in
the
scent
of
damp
wood
chips
from
the
nearby
car
dealership
booths
where
shredded
trees
protect
the
earth
from
the
weight
of
multi-ton
SUVs.
To
the
south,
the
capsule
atop
the
Space
Tower
ride
spins
lazily.
Onstage,
Vassar’s
piano
awaits.

Vassar
is
a
Virginia
native
and
Nashville
transplant,
but
he
practices
“Minnesota
nice”
as
though
born
to
it.
Friends
and
well-wishers
stream
in
and
out
of
the
green
room
before
the
show.
One
of
them,
a
former
math
teacher
from
Eau
Claire
named
Mr.
Kent,
met
Vassar
at
one
of
his
concerts
20
years
prior.
Mr.
Kent
has
been
welcomed
backstage
warmly
ever
since.
Tonight,
he
bears
a
gift:
a
brand-new
Eau
Claire
Bears
baseball
cap.

With
10
minutes
’til
showtime,
Vassar
steps
out
to
change.
His
bandmate
David
Black
cranks
up
the
music
and
begins
assaulting
an
easy
chair
with
a
pair
of
drumsticks.

Five
minutes
to
showtime.
“Time
to
make
the
donuts!”
Black
shouts,
before
the
thwacking
stops
abruptly
and
he
sprints
out
of
the
room.
“Break
a
leg!”
I
call
after
him.
“I’ll
certainly
try,”
comes
echoing
back
down
the
hallway.

Outside,
a
slash
of
crimson
paints
the
horizon.
Right
on
time
at
8:30,
the
band
takes
the
stage.
The
crowd
erupts,
and
the
first
notes
of
“That’s
When
I
Love
You”
drown
out
the
cheers.
Then
comes
“Carlene.”
“C’mon!”
Vassar
cries
into
the
microphone
after
the
first
verse
of
“Bye
Bye.”
The
crowd
howls.

By
the
time
they
launch
into
“In
a
Real
Love”
the
sky
looks
like
a
week-old
bruise.
Vassar
asks
the
crowd
to
sing
along
to
“My
Next
30
Years”

which
you
might
know
as
a
Tim
McGraw
song,
though
Tim
McGraw
knows
it
as
a
Phil
Vassar
song.
On
Vassar’s
30th
birthday,
the
song
came
tumbling
out
of
him
in
10
or
20
minutes,
“as
fast
as
[he]
could
write
it.”

“Love
Is
a
Beautiful
Thing”
follows,
and
“Six-Pack
Summer.”
People
shout
out
requests.
Vassar
banters
with
the
crowd,
tells
them
how
he
wrote
this
song
after
his
kitchen
flooded,
and
pounds
out
the
unmistakable
opening
notes
of
“Just
Another
Day
in
Paradise.”

“Thanks
again
for
having
us
to
the
state
fair,”
Vassar
purrs
into
the
microphone.
“We
appreciate
this.”
I
try
to
keep
track
of
how
many
times
he
says
“thank
you”
or
otherwise
expresses
gratitude.
I
lose
count
somewhere
into
the
second
dozen.

More
music
pours
from
the
keys.
It’s
hit
after
hit
from

Vassar’s
storied
career
,
along
with
a
few
carefully
selected
covers.
On
the
final
lyrics
of
“American
Child,”
fireworks
go
off,
literally.
Boom,
crack,
pop!
Reds,
blues,
greens,
and
yellows
light
the
sky
overhead.
Each
explosion
accentuates
a
line
of
“For
a
Little
While.”

A
security
guard
who
I’d
been
chatting
with
earlier
saunters
up
and
pulls
out
her
earplugs.
“The
fireworks
mean
the
concert’s
over,”
she
yells
directly
into
my
ear.
Nope.

More
old
favorites
reverberate
into
the
fairgrounds.
Nearly
unique
in
country
music
of
his
era,
Vassar’s
lyrics
tackle
complex
topics

aging,
introspection,
maintaining
long-term
friendships,

even
LGBTQ+
tolerance


not
just
partying,
falling
in
love,
and
heartbreak
(of
course,
there
are
a
few
excellent
examples
of
those
ones
too).
Despite
occasionally
heavy
subject
matter,
the
energy
never
ebbs.
“It’s
fun,
and
it’s
supposed
to
be
fun,”
Vassar
had
said
earlier
of
his
music.
“People
take
everything
so
seriously.”
At
the
end
of
“I’m
Alright”
there’s
a
big
drum
solo.
Had
he
been
playing
it
back
in
the
green
room,
Black
would
have
reduced
that
easy
chair
to
splinters.

“Scream
for
the
band
up
here
too!”
says
Vassar.
They
scream.

It’s
pitch
black
now,
and
this
time
the
end
really
is
near.
They
close
out
the
show
with
a
cover
of
“Piano
Man.”
The
crowd
sways,
the
crowd
sings,
all
of
them
entranced.

Vassar
addresses
everyone
one
last
time.
“Thank
you
all
so
much,
God
bless
you
guys!”
One
row
stands
up,
then
another,
then
another,
in
a
rapidly
swelling
wave.
I
peer
at
my
watch
and
see
the
second
hand
make
a
couple
loops.
Eventually
the
standing
ovation
subsides.
He’s
barely
offstage
before
he’s
inviting
me
onto
the
tour
bus.

“I
feel
great
now,”
says
Vassar.
“I’ve
never
felt
this
good.”

In
trying
to
describe
what
took
place
on
the
first
night
of
the
fair,
the
word
“triumph”
comes
to
mind.
A
year
prior
Vassar
was
a
tenth
shock
away
from
never
making
it
to
this
time,
this
place.
Three
years
before
that,
the
Minnesota
State
Fair
itself
fell
to
the
coronavirus.
Yet,
here
we
all
are:
the
first
day
of
the
fair
finally
recovered
to
surpass
its
prepandemic
glory;
Phil
Vassar,
risen
from
the
dead,
never
missing
a
beat
as
its
opening
late-night
act.
It’s
an
unarticulated
celebration
of
the
joy
in
everything
that
might
not
have
been,
but
is.

Vassar
is
being
considered
for
the

ASCAP
Nashville
Songwriters
Hall
of
Fame
,
and
I
truly
hope
he’s
inducted.
No
one
deserves
it
more.
Whatever
happens,
though,
whatever
life
has
in
store
for
Phil
Vassar’s
second
act,
one
aspect
of
his
legacy
is
now
written
in
stone:
Phil
Vassar
is
a
state
fair
legend.




Jonathan
Wolf
is
a
civil
litigator
and
author
of 
Your
Debt-Free
JD



(affiliate
link).
He
has
taught
legal
writing,
written
for
a
wide
variety
of
publications,
and
made
it
both
his
business
and
his
pleasure
to
be
financially
and
scientifically
literate.
Any
views
he
expresses
are
probably
pure
gold,
but
are
nonetheless
solely
his
own
and
should
not
be
attributed
to
any
organization
with
which
he
is
affiliated.
He
wouldn’t
want
to
share
the
credit
anyway.
He
can
be
reached
at 
[email protected].

Get Ready: ATL’s Legally Themed Halloween Costume Contest Will Be Here Soon – Above the Law

Spooky
season
is
upon
us,
and
you
know
what
that
means:
Above
the
Law’s
annual
Halloween
costume
contest
will
soon
be
here.

For
more
than
a
decade,
the
ATL
editors
have
solicited
legally
themed
costumes
from
our
readers,
and
we’re
continually
impressed
with
how
creative
lawyers
and
law
students
can
be
when
when
it
comes
to
bringing
the
law
to
life.

As
a
little
reminder,
here
are
some
of
the
very
best
winning
looks
from
past
years
of
the
contest:
the Donald
J.
Trump
College
of
Law

(2016),

Brett
Kavanaugh’s
calendar
and
his
beer

(2018),

Ruth
Baby
Ginsburg

(2020),
and

Warhol’s
Soup
Law

(2023).


image001

Stay
tuned
for
instructions
on
how
to
submit
your
fabulous
legally
themed
Halloween
costumes.
We
look
forward
to
judging
you!



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

email

her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on

X/Twitter

and

Threads

or
connect
with
her
on

LinkedIn
.

Top 50 Biglaw Firm Creates Nonequity Partnership Tier To Create More ‘Promotion And Development’ Opportunities For Attorney Talent – Above the Law

Biglaw
firms
with
single
partnership
tiers
are
now
few
and
far
between,
with
more
big-name
firms
showing
that
they’re
ready,
willing,
and
able
to
welcome
nonequity
partners
to
their
ranks.

Cravath
was
one
of
the
first
longtime
holdouts
to
cut
bait
and
create
a
“salaried
partner
tier”
(i.e.,
nonequity
partners)
back
in
November
2023.
That
move
gave
other
highly
ranked
firms
permission
to
tread
the
same
path,
including
Paul
Weiss,
which
announced
its
new

two-tier
partnership
plan

in
March,
and
WilmerHale,
which
made
its

two-tier
partnership
announcement

in
August.
Now,
Cleary
Gottlieb
is
announcing
its
own
new
partnership
platform.

Last
year,
profits
per
equity
partner
at
Cleary
came
in
at
$4.5
million,
and
the
firm

which
brought
in
$1,491,568,000
gross
revenue
in
2023,
putting
it
at
No.
32
on
the
most
recent
Am
Law
100

decided
that
it
was
time
to
move
forward
with
a
two-tier
partnership
to
“create
more
opportunities
in
promotion
and
development,”
per
managing
partner
Michael
Gerstenzang.
According
to
the

,
the
changes
are
“effective
immediately.”
Here
are
some
additional
details:

[Gerstenzang]
said
the
nonequity
tier
will
see
its
first
candidates
when
the
firm
has
its
annual
partnership
evaluations,
which
are
currently
transpiring.
Last
year
in
late
October,
the
firm
announced
the
promotion
of
15
lawyers
to
partner.

“It
is
meaningful
to
say
that
we
think
Big
Law
is
in
a
period
that
calls
for
innovation
and
adaptation,”
Gerstenzang
said
in
an
interview.
“That
is
true
across
the
board
and
has
to
extend
to
talent
development
and
management.
It’s
not
the
only
example,
but
it
is
one.”

Overall,
he
said
Cleary
is
not
looking
for
a
certain
critical
mass
(or
percentage
of
the
partnership)
to
be
non-equity,
but
rather
allowing
those
that
go
into
that
track
to
“grow
as
professionals
in
the
non-equity
tier
and
to
have
the
opportunity
to
become
a
partner.”

He
said
nonequity
partner
salaries

which
he
declined
to
specify

would
be
commensurate
with
the
market,
including
factoring
in
practice
area
and
geography.

Gerstenzang
went
on
to
say
that
the
expectations
for
nonequity
partners
at
the
firm
will
be
“very
consistent
with
how
we
think
about
junior
partners.”
He
continued,
explaining,
“Almost
no
one
is
promoted
to
partner
as
a
full-fledged
partner.
We
all
grow
into
our
positions.
That
is
true
today
and
true
under
the
new
program.”

Biglaw
firms
are
making
major
moves
on
partnership
and
compensation
in
order
to
recruit
and
retain
rainmakers
and
to
calm
dissension
within
their
ranks

and
we
can
expect
more
firms
to
follow
the
leader
in
the
years
to
come.
According
to
the
2024
Client
Advisory
from
Hildebrandt
Consulting
and
Citi’s
Global
Wealth
at
Work
Law
Firm
Group,
83%
of
Biglaw
firms
expect
to

increase
the
size
of
their
income
partner
roles

in
the
next
two
years.

Is
your
firm
planning
to
move
to
a
black-box
compensation
system
for
partners
or
increase
its
nonequity
partnership
ranks?
Please
please
text
us
(646-820-8477)
or email
us
 and
let
us
know.
Thanks.


Cleary
Creates
Nonequity
Partner
Tier,
Calling
For
‘Innovation
and
Adaptation’

[American
Lawyer]



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

email

her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on

X/Twitter

and

Threads

or
connect
with
her
on

LinkedIn
.