Ed. note: This is the latest installment in a series of posts on lateral moves from Lateral Link’s team of expert contributors. As Michael Allen, Managing Principal at Lateral Link, recently announced, “We are pleased to announce the hiring of Ryan Turley [pictured], who brings years of legal and recruiting experience to Lateral Link. We recently sat down and he gave me his thoughts on the Chicago market and how it compares to the national market.”
As we become further and further distanced from the recession of 2008 and 2009, the market seems to be settling into a new equilibrium state that has seen a modest uptick in the demand for legal services and a sharp rise in the volume of lateral moves since 2009.
My own stomping ground, Chicago, is no exception. From 2009 to today, the Windy City has seen a significant increase in lateral moves:
The allegation is completely unfounded, and we look forward to defending vigorously Stan’s good name and reputation. Stan is a pillar of the community, and he has tirelessly worked on behalf of young people for the past 25 years.
The job market for new attorneys is bad, but you already know that. People are struggling to find any paying legal work of any kind, even as they hope that one day the investment they’ve made in law school will pay off. And you already know that.
Employers know that. Employers know that you are desperate and sad, and they’re happy to take advantage of that. But there’s an employer posting on Craigslist who wants to hire you, even though they know you’re going to spend a lot of your time there crying in your office.
* If you care about the business end of the law, you’ll want to see which firms are representing Corporate America. This is a list that matters. We’ll have more on this later today. [Corporate Counsel]
* Biglaw firms in Chicago are shrinking, with headcount at the 25 largest firms dropping by 15 percent since 2008. Don’t worry, this is the “new normal,” everything’s fine. [Crain's Chicago Business]
* Show me your poker face: UNLV Law’s dean wants to raise the school’s profile in the eyes of new students by bulking up its gaming law program and letting the chips fall where they may. [Las Vegas Sun]
* It looks like the wage and hour ruling against Rick’s Cabaret has started an avalanche of lawsuits filed by angry, underpaid strippers. Now, they want $10 million inserted into their g-strings. [New York Daily News]
Ed. note: This is the first installment in a new series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Today’s post is written by Michael Allen, the Managing Principal of Lateral Link, who focuses exclusively on partner placements with Am Law 200 clients.
BuckleySandler LLP landed a big fish in Los Angeles. With the firm’s recent hiring of Richard Gottlieb, a well-known class action defense litigator, and Fredrick Levin, a class action and securities litigator, the partners confirm that BuckleySandler’s Los Angeles office (and soon-to-be-opened Chicago office) are serious contenders in the quest for lateral partners. Gottlieb is a heavy hitter in the consumer finance and mortgage class action space, and he developed a very significant book of business with a national client base.
Last week, despite a monsoon and the Stanley Cup playoffs, Above the Law hosted a well-attended cocktail reception in Chicago at the elegant Standard Club. The highlight of the evening was an Inside the Actor’s Studio-style question and answer session with our columnist Mark Herrmann, Vice President and Chief Litigation Counsel of Aon, the world’s largest insurance broker, and our assistant editor, Staci Zaretsky. Mark was a hilarious and insightful interview subject.
Here are the top five takeaways from Mark and Staci’s conversation:
1. If you like to work for four months on crafting a solution of Pythagorean elegance to a complex legal problem, then you should work at a law firm.
2. If you’re able to take five minutes and gin up a workable solution that will suffice 95% of the time, then you should work in-house.
3. There’s no such thing as a draft.
4. Work should fuel your life, not be your life.
5. The best part about working in-house is that your pulse rate never goes above 60; the worst part about working in-house is that your pulse rate never goes above 60.
Once again, thank you to Mark Herrmann for his insights, to our readers for joining us, and to our friends at AccessData for sponsoring an educational and enjoyable evening.
In 2013, we’ve held events in New York, D.C., Houston, San Francisco, and Chicago. If you’d be interested in sponsoring an ATL event in your city, email email@example.com. Thanks.
We are pleased to invite you to an Above the Law cocktail reception in Chicago on Wednesday, June 12th. The reception will take place from 6:30 to 8:30 and will feature a conversation with Mark Herrmann. As many of you know, Mark is Vice President and Chief Litigation Counsel of Aon, the world’s largest insurance broker. He is also a former partner at Jones Day, the author of The Curmudgeon’s Guide to Practicing Law (affiliate link), and a weekly columnist here at Above the Law.
This event will be an opportunity for attendees to hear insightful commentary from Mark, meet Above the Law writers, connect with peers, and enjoy great drinks and hors d’oeuvres. The event is sponsored by our friends at Access Data. Please RSVP below.
OmniVere’s delivery of end-to-end technology & data consulting to position the company as a true differentiator in the global legal technology and compliance space.
CHICAGO, IL, September 29, 2014 – OmniVere today announced the creation of the company’s technology & data consulting arm and the addition of several industry-renown experts, including the former co-chairs of Berkeley Research Group’s (BRG’s) Technology Services practice, Liam Ferguson, Rich Finkelman and Courtney Fletcher.
This new consulting practice will provide and expand existing OmniVere eDiscovery consulting services to corporations, law firms and government agencies with a special focus on compliance, information governance and eDiscovery. This addition of this top talent now positions OmniVere as a true industry leader in the technology and data consulting space offering best-in-class end-to-end services.
Ferguson, Finkelman & Fletcher are nationally recognized experts and seasoned veterans in the areas of overall technology, electronic discovery, and structured data. At OmniVere, the team will be focused on all global consulting activities with respect to legal compliance, complex data analytics, business intelligence design and analysis, and electronic discovery service offerings.
The Trust Women conference is an influential gathering that brings together global corporations, lawyers and pioneers in the field of women’s rights. Unlike many other events, Trust Women delegates take action and forge tangible commitments to empower women to know and defend their rights.
This year, the Trust Women conference will take place 18-19 November in London. From women’s economic empowerment to slavery in the supply chain and child labour, this year’s agenda is strong and powerful. Speakers include Professor Muhammad Yunus, Nobel Laureate and founder of the Grameen Bank; Phumzile Mlambo-Ngcuka, Executive Director of UN Women; Mary Ellen Iskenderian, President and CEO of Women’s World Banking and many other influential leaders. Find out more about Trust Women here.