Bloomberg Law
Sept. 21, 2016, 11:55 AM UTC

Wake Up Call: Shearman Mulls Demoting Partners to Revive Profits

• Facing mounting partner frustration at the firm’s stalled growth, Shearman & Sterling could decide as soon as today on a possible plan to demote some equity partners in an effort to refocus business on priority practices and lift profits, according to a report. (Am Law Daily)

• The former Republican U.S. House Speaker John Boehner is joining Squire Patton Boggs as a strategic adviser, the firm said. (Big Law Business)

• Boehner’s step through Washington’s revolving door to take a lucrative job at Squire Patton Boggs is “ entirely predictable ,” despite the murky ethics of such a move. (Atlantic) ...

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