Lateral Moves

Welcome to the firm.

There’s evidence to suggest that lateral partner hiring doesn’t always turn out well for the law firms that engage in it. Sometimes firms overpay for talent. Sometimes the talent isn’t as talented as they claimed. Sometimes firms fail to integrate lateral partners well. There are many ways for the process to go wrong.

But what about for the lateral partners themselves? Are they more satisfied with the process and their new professional homes?

Survey says….

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Ed. note: This is the latest installment in a series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Katherine Hagman is a Director at Lateral Link where she places associates and partners throughout Chicago and the Midwest. She was a Corporate Recruiter in-house for one of Chicago’s fastest growing companies, and has several years of experience placing attorneys at Chicago law firms and companies. Katherine graduated magna cum laude from the University of Illinois at Urbana-Champaign and received her J.D. from Suffolk University Law School in Boston.

“We’re hiring!” it says. While intrigued by the opportunity, you are not really sure if you should consider a job change at the moment. You are happy where you are and so it just doesn’t feel like the “right time.” After all, they are nice to me here. It’s not so bad. It’s probably not any better across the street. Then again, maybe it doesn’t hurt to look. You can’t decide what to do!

While it is good to trust your gut, there are concrete elements that are going to be very valuable for your career trajectory as an attorney. For the sake of this article, let’s assume you are happy in your job and that if you weren’t, you would work on fixing that or move on.

I’ve been working with lawyers on their careers for the past seven years and it can be hard to really put your finger on whether or not you’re at the right place. This can change over time and it’s more or less a moving target.

I’ve created this quiz to help you take the temperature of your current job and to help you see if you need to think about moving somewhere warmer. Keep reading below for a breakdown of each question…

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Some former partners of the dearly departed Dewey & LeBoeuf claim that the firm could have survived if not so many partners had defected in the final months. The wishful thinking theory of these Dewey defenders is that if the firm could have held on to more of its top rainmakers, the plan of paying everyone back (slowly) and waiting for work to pick up might have succeeded.

Perhaps learning from Dewey, the leaders of embattled Patton Boggs have been trying to get partners to commit to staying as the firm restructures. Not long ago, managing partner Edward Newberry declared that about 90 percent of the firm’s partners agreed to stick around.

But 90 percent is not 100 percent. Today brings word of more Patton partners headed for the exits. How many? Who are they? And where are they going?

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Robert S. Mueller III

* Congratulations to WilmerHale on landing former FBI director Robert Mueller, and congratulations to Mueller on his move (a homecoming of sorts; he was once a partner at Hale & Dorr, the “Hale” in “WilmerHale”). [DealBook / New York Times]

* A former television judge gets held in real-life contempt. [Memphis Commercial Appeal]

* In the wake of the Dewey & LeBoeuf criminal charges, Jean O’Grady poses an interesting question: should law firms have whistleblower programs? [Dewey B Strategic]

* “Have a Better Legal Career by Being Less of a Lawyer.” [Medium]

* This story of losing a client might contain lessons for lawyers. [BigLawRebel]

* As we previously mentioned, the SCOTUS-themed play Arguendo is coming to D.C., and there’s a discount code for ATL readers: WMATL, good for 15% off on previews, Friday nights, Saturday matinees, and Sunday evenings. Enjoy! [Woolly Mammoth]

* In case you missed our Attorney@Blog conference, our friends at wireLawyer were on hand to document the proceedings. Video after the jump….

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Ed. note: This is the latest installment in a series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Abby Gordon is a Director with Lateral Link’s New York office. Abby works with attorney candidates on law firm and in-house searches, primarily in New York, Boston, and Europe. Prior to joining Lateral Link, Abby spent seven years as a corporate associate with Cleary Gottlieb, focusing on capital markets transactions for Latin American clients in New York and for the last five years for European clients in Paris. A native of Boston, Abby holds a J.D., cum laude, from Georgetown University Law Center and a B.A. in government and romance languages, magna cum laude, from Dartmouth College. Abby also worked with the International Rescue Committee as a Fulbright Scholar in Madrid, Spain. She is a member of the New York Bar and is fluent in French and Spanish (and dabbles in Portuguese and Italian).

In the first part of this series, I discussed picking the right practice area and picking the right firm to optimize your opportunities for working overseas.

In this second part of the series, I will touch on the importance of language skills for various regions and practice areas. I will then discuss the potential downsides and sacrifices involved in working overseas for a portion of your career. Finally, I will talk about what you can be doing now to best position yourself for a move overseas….

double red triangle arrows Continue reading “Planning For A Legal Career Overseas (Part II): Language Skills, Caveats, And What You Can Be Doing Now”

Rachel Canning

* If Justice Ruth Bader Ginsburg ever decides to step down from the Supreme Court (don’t worry, fans, she won’t), perhaps one of these relatively good-looking, relatively young lawyers will be able to step in. [Daily Comment / New Yorker]

* Dewey know who the seven secret tipsters are in the case against D&L? Nope, their pleas are sealed, and it’s “not the typical process.” In fact, it’s “highly unusual.” Guess we’ll find out eventually. [DealBook / New York Times]

* An ex-paralegal with a J.D. from Hofstra is suing Greenberg Traurig with claims of racial bias, saying she wasn’t promoted to an attorney position. Well, she did attend a contender for “Worst Law School in America.” [Am Law Daily]

* In a rare move, it seems that a partner was poached from Williams & Connolly. Jon Fetterolf will now be working at Zuckerman Spaeder, where he’ll be the firm’s first certified sports agent. [Legal Times]

* Reema Bajaj, everyone’s favorite neighborhood prostitute with a penchant for peddling punani for paper products, was suspended by the Illinois Supreme Court for a three-year period. Boo. [ABA Journal]

* Because only the coolest law students do legal research on their phones these days, here are 11 apps to download. Curiously missing from this list is the ATL app. You can get it here. [U.S. News & World Report]

* “The case is over. It’s time to move on.” Rachel Canning, the New Jersey schoolgirl who sued her parents for child support, has agreed to drop her case — and yes, it was all about her boyfriend. [New York Post]

* Robert Strauss, Akin Gump Strauss Hauer & Feld name partner, RIP. [New York Times]

Juan Monteverde and Alexandra Marchuk

Last week, we wrote about lawyers leaving Faruqi & Faruqi, the litigation boutique that’s locked in an ugly legal battle with a former associate, Alexandra Marchuk. Marchuk’s lawsuit accuses F&F partner Juan Monteverde of severe sexual harassment and alleges that the firm’s leaders turned a blind eye to his misconduct.

We asked our readers for more information about the recent Faruqi departures. Well, ask and you shall receive. We have the details on the lawyers who left — as well as info about how Faruqi is looking for laterals, and how much it pays them (hint: not enough)….

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Congratulations to Weil Gotshal on securing a significant role in the big Grupo Corporativo Ono / Vodafone deal. The firm is representing Ono’s principal shareholders, a group of private equity firms, in the $10 billion transaction. This comes not long after news of Weil’s representation of Facebook in the company’s $16 billion acquisition of WhatsApp.

At the same time as it handles eleven-figure deals, Weil Gotshal continues to lose partners. Are these defections wanted or unwanted by Weil? If the latter, how significant are they?

Let’s find out which partners are leaving, and where they’re going….

(Please note the UPDATE added to the end of this post.)

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Juan Monteverde and Alexandra Marchuk

Alexandra Marchuk’s headline-grabbing lawsuit against her former firm, Faruqi & Faruqi, has generated a lot of headaches for the firm. It has given rise to some bad PR. It has created client concerns. It has distracted the firm from its mission of shaking down corporate America vindicating shareholder rights.

And is it now causing the high-profile boutique to lose lawyerly talent? Here’s what we’re hearing….

double red triangle arrows Continue reading “Alexandra Marchuk v. Faruqi & Faruqi: Are Lawyers Leaving The Faruqi Firm?”

Ed. note: This is the latest installment in a series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Abby Gordon is a Director with Lateral Link’s New York office. Abby works with attorney candidates on law firm and in-house searches, primarily in New York, Boston, and Europe. Prior to joining Lateral Link, Abby spent seven years as a corporate associate with Cleary Gottlieb, focusing on capital markets transactions for Latin American clients in New York and for the last five years for European clients in Paris. A native of Boston, Abby holds a J.D., cum laude, from Georgetown University Law Center and a B.A. in government and romance languages, magna cum laude, from Dartmouth College. Abby also worked with the International Rescue Committee as a Fulbright Scholar in Madrid, Spain. She is a member of the New York Bar and is fluent in French and Spanish (and dabbles in Portuguese and Italian).

If one of your career or personal goals is to work as a U.S. lawyer overseas, you need to start preparing and positioning yourself very early on. In this two-part series, I will first discuss picking the right practice area and picking the right firm to optimize your opportunities for working overseas, keeping geographical considerations in mind.

In the second part of this series, I will discuss the importance of language skills for various regions and practice areas. I will touch on the potential downsides and sacrifices involved in working overseas for a portion of your career. Finally, I will talk about what you can be doing now to best position yourself for a move overseas….

double red triangle arrows Continue reading “Planning For A Legal Career Overseas (Part I): Picking The Right Practice Area And The Right Firm”

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