Reuters.com — By Wendi S. Lazar and Katherine Blostein
Unlike a public company, Private Equity (PE) portfolio company executives will be negotiating terms and conditions of employment that are driven by time and performance and achieving growth and liquidity. The concept of an "exit" and liquidity upon an exit are the driving forces in a management team's compensation structure.
Only a few months ago, employers knew mental health conditions impacted the workforce, but the discussions Evarts had with them were “soft.” The COVID-19 pandemic, however, has brought the issue to the fore.
In the #MeToo era and with several major law firms facing related litigation, firms are looking at improving training and policies around gender discrimination and harassment, from summer associates to partners, according to legal observers.
The #MeToo movement has not spared law, with a federal appellate judge and the chair of one of the world’s largest law firms resigning over allegations of sexual misconduct in recent months.
News headlines regarding the allegations against Judge Alex Kozinski and Latham & Watkins Chair Bill Voge serve to highlight an underreported and widespread problem in the legal industry, according to Wendi Lazar, executive editor of a newly updated handbook published by the American Bar Association that offers the legal industry a detailed look...