Reviewing Some Pros and Cons – Quick Tips When Considering a Move I confess, I am old-school when it comes to many things – including decision-making – particularly when it comes to consequential choices. So when helping potential candidates decide whether to make a lateral move, I begin not with some complex data analysis, but…
Timing is Everything Almost 60% of partner-level moves take place in the first half of the year. A transition in the first quarter allows a partner to maximize the financial benefits of the year prior, and to be positioned for a successful year to come. This also provides a partner most of the year to…
Keeping Top Talent Warm this Winter: 5 Ways to Boost Engagement With year-end around the corner, schedules have reached a fever pitch and recruiting is more of a juggling act than ever before. Between the holidays, executing on recruiting initiatives and end of the year meetings, identifying creative and efficient ways to maintain a strong…
Money Can Be Overrated – Other Factors to Take Into Account When Considering a Move The lawyers we work with often struggle to assess whether taking a new role is the right move for them. While salary is important, it’s not the only consideration – and may not even be the most significant one. For…
1. Select a school that aligns with your future goals – Focus on what & where. If you know what you want to do and where you want to be, go to the school which has a strong substantive program and/or is located in the area you see yourself practicing law. This will position you with the strongest networking connections down the road.
Technology: The Leveling Force Among Law Firms in Today’s Legal Landscape The challenges to the contemporary legal platform, which include flattening legal spend and ever more robust in-house legal departments, are a consistent concern among today’s legal professionals. So too is the impact of evolving technology, often cited in relation to the rise of alternative…
Tectonics in the Legal Industry: Is the Generalist Attorney a Thing of the Past? As the legal industry continues to evolve, partners face increasing pressure to prove their value and find their fit within an ever-changing marketplace. There are tectonics at work in the legal industry and they look a lot like what is happening…
As a Partner, how do you decide if a law firm is the right fit for you? Competitive salary, practice strengths, and prestige are all critical factors to consider. However, there is another important element that you must be acutely aware of when deciding if a law firm fits you and your practice: Culture.
Are you at the “right” law firm? As practices grow, client bases change, and billing rate pressures intensify, your firm’s economic environment may no longer be the best fit for you and your practice.
At one point in its lifetime, every firm will hit the proverbial “wall.” The wall is when the firm’s growth stagnates and it must adapt to the current market to continue. Overcoming this barrier, or failing to, can make or break a firm.