What’s Up With BakerHostetler?
Aug. 14, 2015 (Mimesis Law) — Mark Cohen, founder and CEO at LegalMosaic, talks with Lee Pacchia about a recent memo leaked from BakerHostetler recommending that the firm convert to a single-tier partnership structure. If implemented, the move would effectively eliminate non-equity partners from the firm’s ranks. Cohen believes this move is in part an attempt to bolster the firm’s rank within the AM Law 200. “Rankings really cannot be overstated in their importance. I think that it’s entirely possible that this is what is behind this” he says.