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Law Firm Partner Compensation: Equity vs Non-Equity and ROI Explained

Law firm partnership has never been a simple “make partner and share profits” milestone. Today’s partnership landscape is increasingly tiered, metric-driven, and designed to manage firm profitability—often by expanding non-equity roles while concentrating equity ownership. This recent report....

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The World's Largest Law Firms by Revenue in 2025

The global legal industry is a cornerstone of modern economies, generating immense revenue while addressing the complex needs of corporations, governments, and individuals. At the forefront of this sector are the world’s largest law firms, ranked by revenue, often dubbed "Big Law." These firms wie....

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How to Evaluate Law Firm Culture for Career Growth

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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Winning the War for Talent: My Guide to Recruiting, Compensating, and Growing Small Law ....

Over my 25‑year career in legal recruitment, I’ve seen firsthand how small law firms and solo practitioners face unique challenges in hiring top legal talent and sustaining long-term growth. In one particularly candid conversation with a Houston-based firm owner, I discussed the hurdles of high ....

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Why Attorneys Leave Law Firms: The Real Reasons Behind Attorney Turnover and How to Build ....

The legal profession is facing an unprecedented crisis: 20% of law firm associates left their positions in 2024, according to the latest NALP Foundation report—up from 18% in 2023. Meanwhile, attorneys report feeling burned out 42% of the time, with mid- and senior-level associates experiencing bu....

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How to Check that You Have Hired the Right Laterals

While the desire of your firm to land a promising lateral may be nigh overwhelming, caution is the watchword. Consider t....

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How to Conduct an Interview for Lateral Hires

For the World’s Largest Collection of Law Firm Interview Resources Click HereWhile law firms' lateral hiring pace is l....

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A Checklist and Questionnaire for Law Firms to Use When Hiring Lateral Partners

Going in for a lateral partner recruitment involves looking into a lot of details and making sure that all the mundane b....

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How to Identify Lateral Attorneys Capable of Becoming Good Partners

Today, most lateral associates enter their new firms with the understanding that the position is actually an opportunity....

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Making Partners without Problems

In every law firm there is a period during the year when the tension rises in anticipation of the announcement of new ad....

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The 2002 BCG Attorney Search Guide To Class Ranking Distinctions And Law Review Admission At America's Top 25 Law Schools

BCG is a leader in original research. In March 2002, BCG Attorney Search released The 2002 BCG Attorney Search Guide To ....

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How to Spot Trailing Spouse Syndrome: These Questions May Make All the Difference

In the 1980's, the professional world was introduced to a new term of art: the so-called trailing spouse. Trailing spous....

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How Law Firms Can Hire the Best Attorney: A Guide to Hiring Stars

Far too many legal-hiring organizations fail to hire stars because their hiring process actually prevents superstar cand....

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Lateral Hiring: Proven Strategies for Interviewing Legal Candidates

SummaryLaw firm hiring managers looking to add lateral candidates to their team should know the best practices for effec....

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2003 Law School Class Ranking Guide Published by BCG Attorney Search

BCG has just released its annual publication, The BCG Attorney Search Guide to Class Ranking Distinction and Law Review ....

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