Law Firm Practice Groups and Specialties
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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