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A&O sets the standard

MB is neither S&S or Cleary's Your comparison of Mayer Brown to S&S and/or Cleary's is hardly appropriate. Both Shermans and Cleary are all equity partnerships that are vastly more profitable than MB and operate in a completely different league. A first year partner at MB will earn less than £160,000 - a first year equity will earn more than £400,000 at the other firms. With partners running at such a cheap (and expendable) rate, you can see why MB can make up so many, but only the best are made up at all equity NY heavy weights. Someone making salaried partner at a firm like MB could join an all equity NY firm as "of counsel" (the US equivalent to salaried partnership), probably make more money, do the same work and have the same level of responsibility.

29-Oct-2007

7:31 pm