Taft moves to single-class partnership structure

Taft Stettinius & Hollister LLP announced Wednesday the firm has adopted a new one-class partnership structure. This move eliminates the two-tier system — equity and non-equity — that had been in place at the firm for more than a quarter-century.
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Study: Many law firms unprepared for future challenges

Are law firms simply fighting the last war? Are they preparing for the future, or are they stuck in the past? Those questions are at the center of a report released Thursday that focues on stagnating demand growth, declines in productivity and a rise in expenses.
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Diversifying the pipeline for law firm leadership

A new initiative known as the “Mansfield Rule” uses a data-driven approach to ensure participating firms actively consider women and minorities for open positions when making hiring decisions, including making selections for promotions, lateral hires and law firm governance positions.

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