An exclusive study conducted by The McCormick Group reveals a decrease in the number of Washington, D.C.-based Chambers-rated lawyers that switched firms as lateral moves in 2017. The study showed that of 961 lawyers rated by Chambers in its D.C. [...]
Much has been written about the imminent threat that the Big Four accounting firms pose to major U.S. law firms, particularly after PricewaterhouseCoopers launched its ILC Legal law firm designed to assist U.S. clients on international issues. Most of the [...]
Succession planning has been a relevant, if somewhat disconcerting and avoided, topic for a number of years. […]
Law firms sticking to the old “portable business” ratios in evaluating lateral partners find themselves losing ground. […]
Retiring Baby Boomers pose big challenges for law firms. The aging-out of the generation, which began when the first baby boomers turned 65 in 2011, will affect most of Big Law. […]
Virtually every law firm we talk to is disappointed with the results of their lateral partner hiring efforts. We often hear about good candidates dropping out of the process and ultimately staying with their current firms. […]
The largest tier of law firms did not perform financially as well as their smaller counterparts, according to a McCormick Group study of publicly reported financial results for 2015. […]
Recently, The American Lawyer caused quite a stir with a recent article, “How to Hire a Home-Run Lateral? Look at Their Stats” indicating that law firms are beginning to use statistical analysis similar to those used in Major League Baseball [...]
An exclusive study conducted by The McCormick Group reveals that fewer Washington, D.C. Chambers-rated lawyers moved in 2015 than in the previous year. […]
Government affairs and lobbying (the business of influence) is changing. Lobbyists, whether external professionals or in corporate government affairs departments, help their client understand and effectively influence government policy. […]