Now, we\u2019re seeing reports that Ropes & Gray, the #7 firm in the country by gross revenue, may be in the running to create its own nonequity partner tier. The American Lawyer<\/a> has the scoop:<\/p>\n Two sources close to the matter said the firm, which is one of the few Am Law 100 firms to still maintain an all-equity partnership, is considering the shift against a tide of similar moves by rivals. \u2026<\/p>\n In a statement to Law.com, a Ropes spokesperson said: \u201cAs a partnership, we regularly review all aspects of our business to ensure we are best meeting our client needs and talent goals. All our decision making, including on our partnership structure, will continue to be informed by these core principles.\u201d<\/p>\n<\/blockquote>\n Ropes \u2014 which brought in $4,989,000 in profit per equity partner in 2024 \u2014 is one of the last firms in the Am Law 100, to retain an all-equity partnership. As previously noted by\u00a0Bloomberg Law<\/a>, the largest law firms in America could soon have more nonequity partners than equity partners by the end of 2025.<\/p>\n Best of luck to the firm in its decision-making process on this important issue.<\/p>\n Is your firm planning to increase its nonequity partnership ranks? Please please text us (646-820-8477) or\u00a0email us<\/a>\u00a0and let us know. Thanks.<\/p>\n Ropes & Gray Considers a Nonequity Partner Tier<\/a> [American Lawyer]<\/p>\n Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n The post Top 10 Biglaw Firm Is Considering Creating A Nonequity Partnership Tier<\/a> appeared first on Above the Law<\/a>.<\/p>\n Biglaw firms with single partnership tiers are now few and far between, with more big-name firms showing that they\u2019re ready, willing, and able to welcome nonequity partners to their ranks.<\/p>\n Cravath was one of the first longtime holdouts to cut bait and create a\u00a0\u201csalaried partner tier\u201d<\/a>\u00a0(i.e., nonequity partners) back in November 2023. That move gave other highly ranked firms permission to tread the same path, including Paul Weiss, which announced its\u00a0new two-tier partnership plan<\/a>\u00a0in March 2024; WilmerHale, which\u00a0added a nonequity partnership tier<\/a>\u00a0in August 2024; Cleary, which announced its own\u00a0new partnership platform<\/a>\u00a0in October 2024; Skadden, which began considering a\u00a0nonequity level<\/a>\u00a0in February 2025; and Schulte Roth & Zabel, which announced an income partnership tier<\/a> in March 2025.<\/p>\n Now, we\u2019re seeing reports that Ropes & Gray, the #7 firm in the country by gross revenue, may be in the running to create its own nonequity partner tier. The American Lawyer<\/a> has the scoop:<\/p>\n Two sources close to the matter said the firm, which is one of the few Am Law 100 firms to still maintain an all-equity partnership, is considering the shift against a tide of similar moves by rivals. \u2026<\/p>\n In a statement to Law.com, a Ropes spokesperson said: \u201cAs a partnership, we regularly review all aspects of our business to ensure we are best meeting our client needs and talent goals. All our decision making, including on our partnership structure, will continue to be informed by these core principles.\u201d<\/p>\n<\/blockquote>\n Ropes \u2014 which brought in $4,989,000 in profit per equity partner in 2024 \u2014 is one of the last firms in the Am Law 100, to retain an all-equity partnership. As previously noted by\u00a0Bloomberg Law<\/a>, the largest law firms in America could soon have more nonequity partners than equity partners by the end of 2025.<\/p>\n Best of luck to the firm in its decision-making process on this important issue.<\/p>\n Is your firm planning to increase its nonequity partnership ranks? Please please text us (646-820-8477) or\u00a0email us<\/a>\u00a0and let us know. Thanks.<\/p>\n Ropes & Gray Considers a Nonequity Partner Tier<\/a> [American Lawyer]<\/p>\n Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Biglaw firms with single partnership tiers are now few and far between, with more big-name firms showing that they\u2019re ready, willing, and able to welcome nonequity partners to their ranks. Cravath was one of the first longtime holdouts to cut bait and create a\u00a0\u201csalaried partner tier\u201d\u00a0(i.e., nonequity partners) back in November 2023. That move gave […]<\/p>\n","protected":false},"author":3,"featured_media":121396,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-121425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/06\/Staci-Zaretsky-RAyJkI.jpeg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/121425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=121425"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/121425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/121396"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=121425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=121425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=121425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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