Ropes & Gray Explores Nonequity Partnership Tier, Reflecting Industry Trends

Ropes & Gray, currently the world’s 8th largest law firm, is contemplating the introduction of a nonequity partner tier. This consideration marks a significant shift for the firm, which is among the few remaining in the Am Law 100 to maintain an all-equity partnership structure. The move comes amid a trend where many major international law firms are recognizing the benefits of nonequity tiers. To read the full article, visit Law.com.