Ed.
note:
Welcome
to
our
daily
feature, Quote
of
the
Day.
We
will
continue
to
promote
to
both
income
and
equity
tiers
moving
forward.
Developing
our
talent
and
providing
those
opportunities
earlier
contributed
to
the
larger
class.
It’s
been
broadly
positively
received.
It
adds
more
definition
and
clarity
to
the
career
track
here
at
Skadden.
— Jeremy
London,
executive
partner
at
Skadden,
in
comments
given
to
the
American
Lawyer,
concerning
the
firm’s
adoption
of
a
nonequity
partnership
tier
and
how
the
new
program
has
done
since
its
inception.
Thanks
to
the
nonequity
track,
the
firm
announced
55
new
partners
in
April,
compared
to
22
in
2025
and
21
in
2024.
Staci
Zaretsky is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to email her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.