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Partner profits rise as law firms cut equity partners, statistics confirm

May 6, 2013, 01:34 pm CDT

Comments

Law firms make money when they hire people to do work? Shocking.

By Bob on 2013 05 06, 2:03 pm CDT

Bob - I think the point was that partners (not law firms) make more money when they divide the pie into fewer pieces. Elevating PPP is thought important because it's now the most fashionable indicator of prestige (at least in some circles - equity partners being the most obvious one). In a celebrity driven culture all kinds of craziness abounds.

By Pushkin on 2013 05 06, 2:37 pm CDT

Right. It's the same principle as the grade school lunchroom where the big kids beat up the little kids and take their food. It works in Big Law too!!

By B. McLeod on 2013 05 06, 11:39 pm CDT

Just out of curiosity, how far above the ocean IS the deck of a cruise ship?

By BMF on 2013 05 07, 4:04 am CDT

@4. "Just out of curiosity, how far above the ocean IS the deck of a cruise ship? "

As Butch said to Sundance: "Hell the FALL will probably kill ya."

By W.R.T. on 2013 05 07, 5:11 am CDT

I expect these particular ones are riding low and fat and loose in their stays.

By B. McLeod on 2013 05 07, 5:51 am CDT

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