Kirkland and Ellis continues to dominate the global legal market, setting new benchmarks for profitability and partner compensation. The firm’s equity partner ...

Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the partnership’s income, deductions and credits flow directly to the individual ...

For entrepreneurs building ventures together, partnerships offer deep advantages — but also unique challenges. Here are 8 ...

Forming a partnership 1 without triggering income appears straightforward and simple. In many cases, it is. In other cases, though, forming a partnership can cause one or more partners to ...

Editor’s Note: See Q 8931 to Q for a discussion of the substantial changes to partnership taxation made by the 2017 tax reform legislation. With the exception of certain publicly traded partnerships, ...

BCG Attorney Search has released an in-depth guide examining the economics of law firm partnerships and the factors that influence the true return on investment ...

Likely, either the partnership or limited liability company is the most flexible of entities now available for business- or investment-related ventures. Whether either such entity is a partnership for ...

This article is the fifth in our series on equity-based compensation intended to assist employers with answering a common question: What type of equity compensation award is best for our company and ...