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This article describes 10 proven strategies that we have recommended to clients to effectively implement the two-tier partner structure.
Partners in a great many law firms have recognized the value of creating a two-tier partnership structure ' as opposed to the “up or out” alternative ' for dealing with those long-tenured associates the firm has invested a lot of money in developing, yet do not satisfy all of the objective and subjective criteria to become equity partners.
During recent consulting assignments with mid-size and larger law firms, managing partners who are keenly aware of the need to develop more effective methods to integrate non-equity partners into their firm's career development program have expressed some frustration with the less than effective implementation of the two-tier partner system in their firms.
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