THE DECADE'S BIGGEST STORIES

Goodbye to real partners

A rerouted partnership track leads to more employees and fewer owners.

The National Law Journal

When the U.S. Equal Employment Opportunity Commission filed suit against Sidley Austin in 2005 on behalf of 32 former partners, the demoted lawyers made an oddly humble argument. They said they were protected under the federal age-discrimination statute as mere employees because, despite their title, they lacked the "indicia" of partnership.

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