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Law Firm Management

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Why Law Firms Should Rarely (if Ever) Hire Lateral Candidates Coming from Practice ....

SUMMARY: This article comprehensively evaluates the risks involved in recruiting attorneys from non-traditional legal backgrounds, such as in-house positions, academia, public interest roles, and those who have pursued further education like LLMs, shifted to clerkships, or established solo practices....

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Why & How Law Firms Need to Plan Strategically to Stay Competitive

Firms need to think strategically to remain competitive while also retaining strong management systems.Strategic thinking entails constant evaluation of the firm and its attorneys.Many professional firms enter into growth planning for the wrong reasons.Read below to find out more.The legal professio....

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Different Styles of Law Firm Recruiting

When it comes to recruiting, law firms get as much out of their efforts as they put into them. As a result, is it a surprise to hear partners complain that their firms are not attracting as much top talent as they once did.....

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The Law Firm Lifecycle: Why Some Firms Fail

Law firms are just like any other organization, sometimes achieving great success, and other times going defunct. This article goes over the latter firms.....

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Pay to WinHow to Make Your Law Firm's Compensation System an Asset

Nothing can create more tension and controversy in a law firm than partner compensation. At their best, compensation systems leave some partners feeling short-changed. At their worst, they misallocate financial resources, cause severe infighting, and set the stage for destabilizing defections. Altho....

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Fair and Competitive Compensation Strategies in Law Firms

SUMMARYIn this comprehensive guide, we delve into the intricacies of developing fair and competitive compensation strate....

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Retaining Top Legal Talent: Strategies for Boosting Employee Satisfaction and Loyalty

SUMMARY:In the fast-paced legal industry, retaining top talent is a crucial challenge that law firms and legal employers....

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Report Highlights Law Firms' Strategic Adjustments Amidst Economic Landscape

SUMMARY: A recent report from the Institute of Legal Finance sheds light on a noteworthy shift in hiring practices withi....

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Equity Partnership: A New Perspective on Law Firm Compensation

SUMMARYEquity partnership in law firms offers a fresh perspective on legal compensation, merging individual contribution....

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The Rise of Remote Work: Legal Considerations and Strategies for Law Firms

SUMMARYThis comprehensive guide explores the rising trend of remote work in law firms, examining the legal consideration....

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Protecting Client Data in the Age of Cybersecurity Threats: Best Practices for Law Firms

SUMMARYIn the evolving digital landscape, law firms face increasingly sophisticated cybersecurity threats. This article ....

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Transforming Performance Reviews: Modern Approaches to Evaluating Attorney Performance and Maximizing Potential

SUMMARYThis comprehensive guide delves into the transformative approaches to attorney performance reviews, focusing on m....

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