Ropes & Gray Sticking to Single-Tier Partnership For Now, Aiming For Better Collaboration

As more law firms adopt multiple partnership tiers to attract top rainmakers from their competitors, not every firm in the Am Law 50 is eager to alter its partnership model. Ropes & Gray, for instance, continues to operate with a single-tier partnership system and does not offer origination credit, even as many of its competitors move away from these traditional practices.