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		<title>59 partners leave A&#038;O Shearman outside Asia since decision to trim 10% of equity partnership</title>
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		<pubDate>Fri, 02 May 2025 06:44:17 +0000</pubDate>
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					<description><![CDATA[<p>Home Daily News 59 partners leave A&#38;O Shearman outside Asia… Layoffs 59 partners leave A&#38;O Shearman outside Asia since decision to trim 10% of equity partnership By Debra Cassens Weiss April 28, 2025, 3:19 pm CDT Twenty-five U.S. partners are among the 59 partners who left A&#38;O Shearman since its decision last year to trim [&#8230;]</p>
<p>The post <a href="https://homesafetytechpros.com/59-partners-leave-ao-shearman-outside-asia-since-decision-to-trim-10-of-equity-partnership/">59 partners leave A&#038;O Shearman outside Asia since decision to trim 10% of equity partnership</a> appeared first on <a href="https://homesafetytechpros.com">Home Safety Tech Pros</a>.</p>
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<p>Layoffs</p>
<h2>59 partners leave A&amp;O Shearman outside Asia since decision to trim 10% of equity partnership</h2>
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<p class="byline">By <a href="https://www.abajournal.com/authors/4/" title="View this author's information" style="color:{default_link_color};">Debra Cassens Weiss</a></p>
<p class="dateline"><time>April 28, 2025, 3:19 pm CDT</time></p>
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<p><em>Twenty-five U.S. partners are among the 59 partners who left A&amp;O Shearman since its decision last year to trim 10% of its global equity partnership. (Image from Shutterstock)</em></p>
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<p>Twenty-five U.S. partners are among the 59 partners who left A&amp;O Shearman since its decision last year to trim 10% of its global equity partnership, according to a count by Law.com.</p>
<p>The count does not include 15 partners who left A&amp;O Shearman in Asia, as previously reported <a href="https://www.law.com/americanlawyer/2025/04/25/as-equity-cull-continues-ao-shearman-partner-exits-surpass-60/?slreturn=20250429-31523">by Law.com</a>. Butit does include partners who left in the United States, London, Europe, Africa and Australia.</p>
<p>A&amp;O Shearman <a href="https://www.abajournal.com/news/article/in-a-difficult-but-necessary-step-forward-merged-law-firm-trims-10-of-equity-partnership">said last year</a> the partner cuts were “a difficult but necessary step forward” following the merger between Allen &amp; Overy and Shearman &amp; Sterling. About 45 partners who left joined other law firms.</p>
<p>A&amp;O Shearman said it currently has around 800 partners worldwide, which is about the same number that it had when it announced the cuts. It is unclear why the current number isn’t lower, according to Law.com.</p>
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		<title>Dozen major law firms had new partnership classes with 50% or more women for at least 4 years</title>
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		<pubDate>Sun, 03 Nov 2024 08:06:28 +0000</pubDate>
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					<description><![CDATA[<p>Home Daily News Dozen major law firms had new partnership… Women in the Law Dozen major law firms had new partnership classes with 50% or more women for at least 4 years By Debra Cassens Weiss October 31, 2024, 11:27 am CDT Female lawyers made up at least half of new partner promotions in 82 [&#8230;]</p>
<p>The post <a href="https://homesafetytechpros.com/dozen-major-law-firms-had-new-partnership-classes-with-50-or-more-women-for-at-least-4-years/">Dozen major law firms had new partnership classes with 50% or more women for at least 4 years</a> appeared first on <a href="https://homesafetytechpros.com">Home Safety Tech Pros</a>.</p>
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<h2>Dozen major law firms had new partnership classes with 50% or more women for at least 4 years</h2>
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<p class="byline">By <a href="https://www.abajournal.com/authors/4/" title="View this author's information" style="color:{default_link_color};">Debra Cassens Weiss</a></p>
<p class="dateline"><time>October 31, 2024, 11:27 am CDT</time></p>
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<p><em>Female lawyers made up at least half of new partner promotions in 82 major law firms this year, according to the Diversity &amp; Flexibility Alliance. (Image from Shutterstock)</em></p>
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<p>Female lawyers made up at least half of new partner promotions in 82 major law firms this year, according to the Diversity &amp; Flexibility Alliance.</p>
<p>The 82 firms are “tipping the scales” toward gender parity, the Diversity &amp; Flexibility Alliance—a consulting and membership organization helping businesses optimize diversity, equity and inclusion, flexible work environments and well-being—said in an <a href="https://dfalliance.com/wp-content/uploads/2024/10/FINAL-FINAL-2024-New-Partner-Report-Release.pdf">Oct. 29 press release</a>.</p>
<p>The group looked at public information for 196 firms to determine gender breakdowns in new partner classes in the United States and globally. The “tipping the scales” firms had 50% or more women in new partner classes in total or in the United States, according to an <a href="https://dfalliance.com/wp-content/uploads/2024/10/DFA-Infographic_Final.pdf">infographic</a>.</p>
<p>Several firms on the list had 50% or more women in their new partner classes for multiple years. They are:</p>
<p>  • Six years: Davis Wright Tremaine</p>
<p>  • Five years: Epstein Becker &amp; Green; Jackson Lewis; Littler Mendelson; Miller &amp; Chevalier</p>
<p>  • Four years: Boies Schiller Flexner; Debevoise &amp; Plimpton; Dechert; Jenner &amp; Block; Morgan, Lewis &amp; Bockius; Weil, Gotshal &amp; Manges; Wiley Rein</p>
<p>Although more firms are achieving gender parity in new partner classes, there is an overall decline in female representation in new partner classes, said Manar Morales, president and CEO of the Diversity &amp; Flexibility Alliance, in the press release.</p>
<p>Overall, 41.6% of U.S.-based new partners at 196 major firms were women this year. Last year, the percentage was 43.7%.</p>
<p>The decline “is a stark reminder that progress isn’t inevitable—it requires intentional action,” Morales said.</p>
<p>Here is the complete list of 82 firms that included 50% or more women in their new partner classes:</p>
<ol>
<li>Akin Gump Strauss Hauer &amp; Feld</li>
<li>Allen Matkins Leck Gamble Mallory &amp; Natsis</li>
<li>Armstrong Teasdale</li>
<li>Arnall Golden Gregory</li>
<li>Baker McKenzie</li>
<li>Baker Botts</li>
<li>Baker, Donelson, Bearman, Caldwell &amp; Berkowitz</li>
<li>Baker &amp; Hostetler</li>
<li>Ballard Spahr</li>
<li>Barnes &amp; Thornburg</li>
<li>Benesch, Friedlander, Coplan &amp; Aronoff</li>
<li>Beveridge &amp; Diamond</li>
<li>Bilzin Sumberg Baena Price &amp; Axelrod</li>
<li>Blank Rome</li>
<li>Boies Schiller Flexner</li>
<li>Bradley Arant Boult Cummings</li>
<li>Buchanan Ingersoll &amp; Rooney</li>
<li>Burns &amp; Levinson</li>
<li>Burr &amp; Forman</li>
<li>Chapman and Cutler</li>
<li>Cooley</li>
<li>Cox, Castle &amp; Nicholson</li>
<li>Cozen O’Connor</li>
<li>Davis Wright Tremaine</li>
<li>Debevoise &amp; Plimpton</li>
<li>Dechert</li>
<li>Dickinson Wright</li>
<li>Dinsmore &amp; Shohl</li>
<li>Duane Morris</li>
<li>Dykema Gossett</li>
<li>Eversheds Sutherland</li>
<li>Epstein Becker &amp; Green</li>
<li>Finnegan, Henderson, Farabow, Garrett &amp; Dunner</li>
<li>Fredrikson &amp; Byron</li>
<li>Goldberg Segalla</li>
<li>Gordon Feinblatt</li>
<li>Goulston &amp; Storrs</li>
<li>Greenspoon Marder</li>
<li>Herrick, Feinstein</li>
<li>Hinckley, Allen &amp; Snyder</li>
<li>Husch Blackwell</li>
<li>Ice Miller</li>
<li>Irell &amp; Manella</li>
<li>Jackson Lewis</li>
<li>Jenner &amp; Block</li>
<li>Kelley Drye &amp; Warren</li>
<li>Kilpatrick Townsend &amp; Stockton</li>
<li>Lane Powell</li>
<li>Lewis Roca Rothgerber Christie Lewis Roca</li>
<li>Littler Mendelson</li>
<li>McCarter &amp; English</li>
<li>McDermott Will &amp; EmeryMcDermott</li>
<li>Miller &amp; Chevalier</li>
<li>Moore &amp; Van Allen</li>
<li>Morgan, Lewis &amp; Bockius</li>
<li>Morris, Manning &amp; Martin</li>
<li>Munger, Tolles &amp; Olson</li>
<li>Nixon Peabody</li>
<li>Orrick, Herrington &amp; Sutcliffe</li>
<li>Patterson Belknap Webb &amp; Tyler</li>
<li>Paul, Weiss, Rifkind, Wharton &amp; Garrison</li>
<li>Pillsbury Winthrop Shaw Pittman</li>
<li>Polsinelli</li>
<li>Porter Wright Morris &amp; Arthur</li>
<li>Pryor Cashman</li>
<li>Quinn Emanuel Urquhart &amp; Sullivan</li>
<li>Robins Kaplan</li>
<li>Ropes &amp; Gray</li>
<li>Saul Ewing</li>
<li>Sheppard, Mullin, Richter &amp; Hampton</li>
<li>Sidley Austin</li>
<li>Snell &amp; Wilmer</li>
<li>Susman Godfrey</li>
<li>Thompson Hine</li>
<li>Tucker Ellis</li>
<li>Venable</li>
<li>Vorys, Sater, Seymour and Pease</li>
<li>Whiteford, Taylor &amp; Preston</li>
<li>Weil, Gotshal &amp; Manges</li>
<li>Wiley Rein</li>
<li>Williams &amp; Connolly</li>
<li>Williams Mullen</li>
</ol></div>
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		<title>Baker McKenzie partner sues IRS for documents on partnership audit strategies</title>
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		<pubDate>Mon, 08 Apr 2024 21:54:41 +0000</pubDate>
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					<description><![CDATA[<p>Home Daily News Baker McKenzie partner sues IRS for documents… Law Firms Baker McKenzie partner sues IRS for documents on partnership audit strategies By Debra Cassens Weiss March 20, 2024, 2:10 pm CDT A lawsuit filed by a Baker McKenzie tax partner is seeking to compel the Internal Revenue Service to disclose documents about its [&#8230;]</p>
<p>The post <a href="https://homesafetytechpros.com/baker-mckenzie-partner-sues-irs-for-documents-on-partnership-audit-strategies/">Baker McKenzie partner sues IRS for documents on partnership audit strategies</a> appeared first on <a href="https://homesafetytechpros.com">Home Safety Tech Pros</a>.</p>
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<h2>Baker McKenzie partner sues IRS for documents on partnership audit strategies</h2>
<p class="byline">By <a href="https://www.abajournal.com/authors/4/" title="View this author's information" style="color:{default_link_color};">Debra Cassens Weiss</a></p>
<p class="dateline"><time>March 20, 2024, 2:10 pm CDT</time></p>
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<p><em>A lawsuit filed by a Baker McKenzie tax partner is seeking to compel the Internal Revenue Service to disclose documents about its tougher policies for auditing partnerships, other pass-through entities and their owners. (Photo from <a href="https://www.shutterstock.com/image-photo/baker-mckenzie-building-amsterdam-netherlands-2019-1484333483">Shutterstock</a>)</em></p>
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<p>A lawsuit filed by a Baker McKenzie tax partner is seeking to compel the Internal Revenue Service to disclose documents about its tougher policies for auditing partnerships, other <a href="https://www.abajournal.com/news/article/consensus_tax_bill_includes_law_firms_in_pass_through_tax_relief_with_limit">pass-through entities</a> and their owners.</p>
<p>The <a href="https://fingfx.thomsonreuters.com/gfx/legaldocs/zjpqwdrampx/Clarke%20v%20IRS%20-%20DCD%20-%2020240318.pdf">March 18 suit</a> filed by tax partner George M. Clarke says the IRS has not produced records in response to his Dec. 19 request under the Freedom of Information Act.</p>
<p><a href="https://www.law.com/americanlawyer/2024/03/19/baker-mckenzie-sues-irs-for-details-on-plans-to-crack-down-on-partnerships">Law.com</a>, <a href="https://www.reuters.com/legal/litigation/law-firm-baker-mckenzie-sues-irs-details-partnership-tax-crackdown-2024-03-19">Reuters</a> and <a href="https://www.law360.com/tax/articles/1815449/irs-withholding-docs-on-partnership-audits-baker-atty-says">Law360</a> have coverage.</p>
<p>Among the documents sought is a paper discussed by its author, an IRS employee, at a November 2023 conference sponsored by the ABA Section of Taxation. An article about the employee’s remarks appeared in Tax Notes with the headline “IRS Taking Partnership Audits to New Level.”</p>
<p>The IRS is auditing 75 of the country’s largest partnerships and has sent compliance letters to 500 partnerships, according to the Tax Notes article attached to the complaint. The scrutiny is part of the agency’s increased focus on wealthy taxpayers.</p>
<p>Clarke says in the suit he wants to learn more about IRS practices, “so that I can better represent my clients.”</p>
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