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Have a Focused Search to Get Better Results for Your Lateral Hires

Seventy-five percent of all placement requests are for associates with two-to-four years of experience, largely because firms want lawyers with few rough edges and no immediate expectation of partnership. But the simple rules of supply and demand dictate that having focus is essential, if you want t....

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Basic Rules Regarding Recruitment and Compensation of Lateral Partners

Few areas have more potential for internal criticism and strife than determining the appropriate compensation level for lateral partners. And even large firms that recruit tremendous numbers of lateral partners can have a hard time figuring out how to attract and compensate these new owners. The dif....

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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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Benefits and Drawbacks of Two-Tier Partnerships in Law Firms

What are the benefits and drawbacks of creating a non-equity career path? What are successful firms doing to manage non-equity partnership opportunities?....

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What Is the Best Partner Compensation System?

Good compensation systems are a management tool that promotes firm stability and puts the emphasis on merit and performance. Which one is best for partners?....

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Have a Focused Search to Get Better Results for Your Lateral Hires

Seventy-five percent of all placement requests are for associates with two-to-four years of experience, largely because firms want lawyers with few rough edges and no immediate expectation of partnership. But the simple rules of supply and demand dictate that having focus is essential, if you want t....

Read Article

Basic Rules Regarding Recruitment and Compensation of Lateral Partners

Few areas have more potential for internal criticism and strife than determining the appropriate compensation level for lateral partners. And even large firms that recruit tremendous numbers of lateral partners can have a hard time figuring out how to attract and compensate these new owners. The dif....

Read Article

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....

Read Article

Benefits and Drawbacks of Two-Tier Partnerships in Law Firms

What are the benefits and drawbacks of creating a non-equity career path? What are successful firms doing to manage non-equity partnership opportunities?....

Read Article

What Is the Best Partner Compensation System?

Good compensation systems are a management tool that promotes firm stability and puts the emphasis on merit and performance. Which one is best for partners?....

Read Article

Have a Focused Search to Get Better Results for Your Lateral Hires

Seventy-five percent of all placement requests are for associates with two-to-four years of experience, largely because firms want lawyers with few rough edges and no immediate expectation of partnership. But the simple rules of supply and demand dictate that having focus is essential, if you want t....

Read Article

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Top 10 Reasons U.S. Law Firms Are Reluctant to Hire Foreign-Educated Attorneys with LLMs

SUMMARY: Due to several factors, U.S. law firms often hesitate to hire foreign-educated attorneys with LLMs. These inclu....

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Why Law Firms Should Rarely (if Ever) Hire Lateral Candidates Coming from Practice Settings Other Than an Organized Law Firm

SUMMARY: This article comprehensively evaluates the risks involved in recruiting attorneys from non-traditional legal ba....

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Transforming Your Legal Hiring: The Five Most Important Questions to Ask

When law firms are on the hiring trail, the process involves much more than simply evaluating a candidate’s skills and....

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The Cravath Scale: A Benchmark in Legal Profession Compensation

SUMMARY: The Cravath Scale is a compensation model adopted by top-tier law firms to ensure transparency and predictabili....

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Decoding the Link Between Law Firm Profitability and Attorney Compensation

SUMMARY: Law firms must strike a balance between profitability and attorney compensation to remain competitive in the le....

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Remote vs. Hybrid vs. In-Office Work: A Comprehensive Guide for Legal Job Seekers and Law Firms

SUMMARY: Law firms face many considerations when deciding between an office-based vs. remote work model, such as overhea....

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Building a Strong Company Culture in Your Law Firm: Best Practices and Examples

SUMMARY:Creating a strong company culture is essential for law firms to be successful in the competitive legal industry.....

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