TMG’s Take…on Year-End Compensation Reviews
As we approach the end of the year, law firms are focused on two major initiatives, collecting bills and determining partner compensation. […]
TMGs Take…on 2013’s Financial Reports
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 [...]
TMG’s Take…on Demand for Data Scientists
In a recent article in FCW, “Demand grows for data scientists”, the author, Frank Konkel, discusses how the addition of 2.5 Quintillion bytes of information every day to our current systems has affected the demand for data scientists. [...]
TMG’s Take…on Sequestration and Federal Contracting
Tim Ward, Principal at The McCormick Group Inc., recently had a Q&A session with Emily Mekinc from the Washington Business Journal about sequestration and the government contracting market. […]
TMG’s Take…on Effective Lateral Hiring
Recent surveys conducted by the Citi Private Law Firm Group and Lexis-Nexis indicate that while lateral partner hiring remains as robust as ever, a large number of managing partners question the overall efficacy of such efforts. […]
TMG’s Take…on 2012’s Financial Reports
A study of early financial results reported by law firms for 2012 reveals that last year produced very similar results to 2011, with nearly identical increases in both revenues and profits per partner. […]
TMG’s Take…on The Cost of Conflicts
Two recent news stories regarding organizational conflicts of interest should catch the attention of leadership teams at federal government contractors. […]
TMG’s Take…on Law Firm Mergers
A perspective on legal management issues from The McCormick Group. In case you’ve not already heard, 2011 was the year of the law firm merger. According to a recent Wall St. Journal article, there were more law firm mergers in 2011 than [...]
TMG’s Take…on Succession Planning
A perspective on Government Contracting issues from The McCormick Group. In a recent Washington Post article, Executive Coach Joyce Russell notes three significant consequences companies can face by not having an effective succession plan in place: 1) suffering major disruptions of work; [...]
TMG’s Take…on Cyber Attacks – Are You Ready?
A perspective on Government Contracting issues from The McCormick Group. […]