Mayer, Brown, Rowe & Maw, one of those huge, silk stocking law firms that only hires the best and brightest[which is presumably why I never got an interview] "de-equitized" 45 partners in earlyMarch. In English, they fired them. The firm released a press release saying the victims were "fine lawyers who have made significant contributions to the firm". The release went on to note that even with strong revenues in 2006[profits per partner over $1 million dollars] the firm had to restructure.
Times, they are a- changin. When I got out of law school 20 years ago, landing at a place like Mayer Brown meant you were set. Do your work, keep your head down, make partner, join a country club, become a Republican, retire with a fat portfolio and summer home. Not any more. More and more of the bigger firms are cutting partners loose without a second thought. So, it appears I was right in not making Law Review after all.
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