TMG’s Take…on the Decline of the Portable Business Model
Law firms sticking to the old “portable business” ratios in evaluating lateral partners find themselves losing ground. […]
TMG’s Take…on the Changing Battlefield for Government Relations
The world of influence continues to change. With constant gridlock in Congress, battles once fought through a single, Hill-focused campaign are now being contested in a much wider playing field. […]
TMG’s Take…on Lawyer Business Plans
Business plans are now an essential part of a lateral partner hire. In this TMG’s Take, Steve Nelson outlines the business plan changes that candidates should pay attention to. […]
TMG’s Take…On Lateral Movement and “Chambers”
An exclusive study conducted by The McCormick Group reveals a significant increase in the number of Washington, D.C.-based Chambers-rated lawyers that switched firms in 2016. […]
TMG’s Take…on 4 Reasons Your Firm Isn’t Doing Succession Planning
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. […]
TMG’s Take…on Your Most “Dangerous” Employees
In a recent Washington Technology article, author John Hillen raises a critical question for any company – particularly those undergoing or poised for significant growth: ‘Do you know who your most dangerous employee is?’ […]
TMG’s Take…on Lateral Partner Questionnaires
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. […]
TMG’s Take…on “Oh No! She Knows Everything!”
What is your first thought when an employee announces her resignation? “Oh No! She Knows Everything!”, an article written by James Pooley and published by Potomac Techwire, shares nine ways to minimize the information security risk associated with departing employees. [...]
TMG’s Take…on 2015’s Financial Reports
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. […]
TMG’s Take…on “Moneyball” and Lateral Partners
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 [...]