Photo by Pexels By Murray Gottheil | November 3, 2025 Back in the days when everything seemed to be a binary choice, I was a young man who saw many things in black and white. At the time, I would classify law firms as being one of two types. Type One were “real” partnerships, where people […]
Photo by Pexels By Murray Gottheil | October 7, 2025 We all know people in wonderful marriages. We also know people in terrible marriages. Sometimes we attribute this to them having been so desperate to have a life partner that they rushed into things without taking the time to get to know their partner, or even […]
By Murray Gottheil | September 10, 2025 In prior parts of this series, I wrote about the advantages and disadvantages of becoming an equity partner in a law firm. In order to complete the picture, I really should address the fantasy of a non-equity partner (“NEP”) as well. Some years ago, law firms decided that they […]
Photo from Pexels By Murray Gottheil | August 28, 2025 In this Part, I would invite you to live in an imaginary world where you respect and appreciate all of your partners, each of them is a phenomenally talented lawyer who is also productive, respectful, collaborative, ethical, and has an amazing client base. And they all love […]
Photo by August De Richelieu at Pexels By Murray Gottheil | August 27, 2025 Becoming a partner in a law firm is easy enough. You pay your money, you take your chances. But what exactly have you bought into? We all know that what happens in Vegas stays in Vegas. Partnership meetings are much the same. […]
By Jeffrey Leon | August 22, 2025 Editor’s Note: The author, Jeffrey Leon, is an active arbitrator and mediator at Arbitration Place in Toronto, capping a 45-year career as a trial lawyer and strategic advisor who recently retired from Bennett Jones LLP, where he formerly led the litigation group. He is a past president of […]
Photo by August de Richilieu at Pexels By Murray Gottheil | August 23, 2025 In Part One of this series, I said that becoming a partner in a law firm is no longer the goal of every young lawyer. In Part Two, I wrote about the advantages of equity partnership. Now, let’s talk about the disadvantages […]
By Murray Gottheil | August 21, 2025 In Part One, I explained that as a young buck, becoming a partner was the ultimate goal of every young lawyer. I suggested that this type of thinking is, for good reason, falling from favour. There are good and bad things about being a partner in a law firm, and […]
By Murray Gottheil | August 19, 2025 At my first law firm, there were three partners. After one moved on and another passed away, the remaining owner announced that he had no intention of making any associate a partner soon. So I left. At my next firm, it was my job to create a corporate […]
By Murray Gottheil | August 6, 2025 One day, several years ago, I was out for lunch with a banker whom I will call Neil. Neil was a commercial account manager at a large Canadian Bank. As I always did at such meetings, I asked Neil, “How can I help you?” (For those of you who need […]