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Mentor
Equity partners aren’t employees.
Subject Expert
NEPs and counsel are generally at will. Equity partners are owners of the firm so would be subject to a partnership agreement and therefore not at will.
Counsel is (or mine is, at least).
For equity, I would assume that you would have to vote them out and buy back their shares. Otherwise I don’t see why it wouldn’t be at will.
Subject Expert
At will means you can terminate at any time for any reason. You can’t do that with equity partners (bc removal is subject to the terms of their partnership agreement), so by definition they’re not “at will” in any sense.
Thanks all