Two of the most notable critics of the lateral partner hiring process, law professors William Henderson and Christopher Zorn, recently outlined a number of steps that law firms can take in improving their lateral partner hiring process (“An Rx for [...]
The McCormick Group held its inaugural Washington Lateral Partner Recruiting Roundtable last month. Following a format that we first introduced in Boston in 2013, we moderated a free-flowing discussion where representatives of 15 firms shared ideas and best practices. [...]
The Wall Street Journal recently jumped into the controversy over lateral partner hiring, saying that whether or not such gambles pay off “is an open question”. […]
By now we’ve all read that the job market is turning around. We’re noting that most Boomers really will retire – sooner rather than later – and law firms will have to contend with the skill gap. This means the competition for [...]
We are in a legislative recession. According to the Washington Post, the current Congress is the most “do nothing” Congress in history. Up to the August recess, the 113th Congress had passed only 108 bills that change current law. That’s [...]
A recent article published in the Law Firm Partnership & Benefits Report contains a provocative criticism of the rainmaker star approach that many law firms espouse, or at least implicitly accept. […]
Even in today’s difficult economy, law firms are still bringing in lateral partners, and partners are still changing firms. A key component in the lateral partner hiring process is the lateral partner questionnaire, or LPQ as its termed in today’s [...]
Earlier this month, Business Week jumped on the “law firms must adapt or die” bandwagon. This follows a story concerning the so-called travails of Mayer Brown in the New Republic with the patently ridiculous title, “The Last Days of Big [...]
As we approach the end of the year, law firms are focused on two major initiatives, collecting bills and determining partner compensation. […]
Remember when after the 2008 economic meltdown, some pundits were predicting that law firms based in Washington would benefit from the increased regulatory work, somewhat at the expense of New York-based firms. Well, it hasn’t turned out that way, and [...]