Diversity and Inclusion

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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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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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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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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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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 include the complexities of visa sponsorship, concerns about differing legal training, potential cultural gaps with clients, and uncertainties regarding visa renewals. Despite these cha....

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