"A more concentrated equity structure gives firms more room to compensate star partners or attract major rainmakers, ...

I suspect that when most people think of the law — if they think of it at all — they conceive of it as wearing a suit and tie, perhaps one with the buttons fastened and the knot cinched overly tight.

It's often instructive to compare entries in older and newer versions of Black's Law Dictionary—and on subjects I work on, the older ones are usually better. An example is the entry for equity.

Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners. Each week, the Law.com Barometer ...

An expert Q&A on the antitrust risks facing private equity firms, the current views of the Antitrust Division of the Department of Justice (DOJ) and the Federal Trade Commission (FTC) on private ...