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DPW promotes everyone to counsel before equity partner
Correct
Winston doesn’t have non equity and doesn’t promote to counsel first.
Mentor
I saw a Bloomberg video about this on LinkedIn a couple months ago and grabbed this screenshot. 13 out of the Am Law 100 don’t have NEPs
Mentor
Cooley has NEPs according to law.com
There are other firms without NEPs. Covington comes to mind
Even if a firm doesn’t have non-equity partners, that doesn’t mean that firm doesn’t pay some of its partners as low as they would if they had non-equity partners. Give a partner so little units and it’s all the same. It’s just that the firms with non-equity can compute a higher Profits per Equity Partner calculation because there’s less of them.
Coach
A4, that’s what Winston does.