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Elite Law Firm Partner Compensation: Inside the $25M+ BigLaw Earnings Landscape

Elite rainmakers at the very top of BigLaw quietly operate in a different economic universe—and Elite Law Firm Partners: The $25M+ Compensation Landscape Report pulls back the curtain on that world. This report from BCG Attorney Search maps out how a small group of partners reach $25 million+ in a....

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States With No General Bar Reciprocity: What Attorneys Need to Know | BCG Attorney Search

Bar reciprocity—also known as admission on motion—is a critical consideration for attorneys planning to relocate, expand their practice across state lines, or pursue new career opportunities in different jurisdictions. Understanding which states offer reciprocity and which do not can significant....

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Law Firm Culture: How to Identify, Compare, and Thrive in the Right Environment

Executive SummaryLaw firm culture profoundly shapes attorney satisfaction, retention, and advancement. With associate attrition fluctuating between 18–26% in recent years and major gaps in work-life norms across firm types, aligning with the right culture is a career-critical decision.....

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Why Lawyers at Every Stage Struggle: The Hidden Costs of Lacking Focus in Your Legal ....

In the cutthroat arena of legal careers, where specialization is the currency of success, indecision can derail even the most promising paths. Whether you're a law student frozen during OCI interviews, a new attorney fresh off the bar exam juggling mismatched clerkships, or an experienced lawyer in ....

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The Legal Career Specialization Imperative: Why 'Open to Anything' Fails and Focused ....

In today’s competitive legal market, attorneys who present themselves as “open to anything” often struggle to stand out. Law firms and employers are drawn to candidates who demonstrate clear focus, specialized expertise, and a well-defined career trajectory. By positioning yourself around a sp....

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Women Lawyers and Marketing

Opportunities for women in law firms today abound and marketing is no different. However, there are several keys to succ....

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How to Move Past Promotion for Your Law Firm

When law firms first began to develop marketing programs the focus was largely on communications and promotion, and thei....

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Tools Law Firms and Lawyers Need in Seeking Out Business

The activities that comprise a law firm’s marketing mix–business development, promotion, and client care almost alwa....

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Law Firm Profit Components

Would anyone advise a commercial entity with multiple business lines to operate in an environment in which management do....

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The Difficulties of Delinquent Accounts in Law Firms

Cash flow is the most important financial variable of businesses of all types and sizes, including law firms. Delinquent....

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Overhead Costs of Ancillary Businesses

Seeking to differentiate their firms in a competitive legal marketplace by providing a broader range of services, an inc....

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The Challenge of Risk Management in Law Firms

One of the stark new realities facing law firm leaders and managers across the country is a dramatic increase in the ris....

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How to Save Your Law Firm If It is in Trouble

Day One It’s Friday afternoon, and you are the new Managing Partner of an old-line law firm in a significant legal mar....

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Issues Faced Between Clients and Their Lawyers

The dissonance between what lawyers think they’re selling and what clients want to buy is often stunning. Nor is the p....

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Auditing Law Firm Relationships

Few would question the value of external financial auditing, even in legal partnerships where it is not a statutory requ....

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Taking Action Based on Client Preferences

Way back when, lawyers served as holistic counselors to their clients, offering sage advice in a host of areas, includin....

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Talk and Listen to Your Clients

Now, more than ever. If your firm has ever considered conducting formal client feedback interviews, but has been unable ....

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The Argument for Eliminating Lock-Step Partner Compensation

Eliminate Lock-Step Model and Reward Performance, Not Time ServedBeginning at the end of 1999, law firms began accelerat....

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Retiring Partners and Unfunded Law Firm Commitments

The issues surrounding retiring partners and compensation have created problems for many law firms. While not universall....

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Think Differently, Specialize and Prosper

This is an exciting time to be a new partner in a law firm. The legal market has experienced several years of record pro....

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