TMG’s Take…on 2014’s Financial Reports
The annual McCormick Group review of five-year financial statistics reveals a surprisingly wide disparity in the financial performance of U.S. law firms during the years 2009-2014. […]
The annual McCormick Group review of five-year financial statistics reveals a surprisingly wide disparity in the financial performance of U.S. law firms during the years 2009-2014. […]
A recent article in The Washington Post, “Metro’s search for general manager set back by 3 finalists’ withdrawals”, highlighted the often-overlooked consequences of information about recruited candidates becoming public during the process. […]
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 [...]
Lockheed Martin’s CEO Marillyn Hewson recently shared five of her favorite interview questions in her LinkedIn Influencer column, “Would I Hire You? My Top 5 Interview Questions”. While most of us will never have the opportunity to interview with Hewson, [...]
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. […]
Stephen Nelson's recent TMG's Take on 2013's Financial Reports for Law Firms is referenced in the National Law Journal "D.C. Law Firms Lag Behind the 'Super Rich' from New York".