Despite the general understanding that conflicts are an important factor, many law firms wait until the end of the lateral process to run conflicts, even when the candidate is a partner.
Read on to hear why — contrary to popular belief — fall is a great time to lateral.
You’ve obviously achieved a lot in your career already. You’ve honed your legal skills and become a trusted advisor to your clients. You’ve generated business for your firm, mentored associates, and contributed to the broader legal community. But are you happy?
If in the future you find yourself ready to lateral, you will be well advised to consult a skilled and trustworthy recruiter. Do you know who you’ll call?
Government practice enables attorneys to improve public policy and promote justice, contributing directly to our collective well-being. But for many attorneys, government practice will be just one phase of a longer, multifaceted career.
On balance, equity partnership is likely still more rewarding in most cases. But for lawyers in certain situations, non-equity arrangements can have strong appeal.
In the current law firm landscape, the fact that a lawyer has been designated a partner often conveys very little about the economic arrangement between that lawyer and the firm.
If you lead an in-house legal department, you know that some periods are busier than others and your needs for certain types of expertise will vary over time. Interim-counsels can be a cost-effective, flexible option.
Global Chair. Head of Litigation. Office Managing Partner. Those are some nice-sounding titles, right?
Being a parent in Biglaw has always had its challenges, but we saw these challenges rise to new heights during the pandemic, especially for women.
With Biglaw offices reopening and office attendance soon to be expected at most firms (at least for part of the week), many associates are contemplating their post-pandemic Biglaw futures and considering their options.
You might expect Biglaw firms to be reluctant to hire associates from one country for roles in a different country. But in fact, despite the possible obstacles, the market for cross-border hiring is booming.
It’s a common refrain even from highly successful lawyers: 'I wish I were on the business side.'
The 33% rule has the advantage of being simple, and it makes for a reasonable starting point. But to really know whether you are capturing a fair share of the value you create, it’s important to consider some other factors.
Lately, it seems that not a month goes by without partners from a top Biglaw firm leaving to form a new boutique.