MLA

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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I like talking about partner compensation so much, I wrote a three-part series on the topic. It was nice to hear from Jeffrey Lowe, the Global Practice Leader of Major, Lindsey & Africa’s Law Firm Practice Group and the brains behind the MLA partner compensation survey, who graciously expressed both his enjoyment of my treatment regarding the survey results and an invitation to contact him directly with follow-up questions.

In response, I proposed a written email interview, which you can read below. Thanks again to Jeffrey for his yeoman’s work on the survey, and his willingness to offer some additional commentary on the always scintillating subject of partner pay….

double red triangle arrows Continue reading “Buying In: An Interview on Partner Compensation with Jeffrey Lowe”

Call it RICO not so suave. One of the nation’s biggest legal headhunting firms, Major, Lindsey & Africa, is withdrawing its RICO action against a former employee — after a federal judge offered a somewhat snarky assessment of the merits of MLA’s case.

As reported by Leigh Jones over at the National Law Journal, on Thursday attorneys for MLA submitted a notice of dismissal to Judge Colleen McMahon (S.D.N.Y.). The notice declared Major Lindsey’s intent to withdraw its claims against former Sharon Mahn, a former managing director at MLA, without prejudice, in order to bring such claims in arbitration and/or state court.

Perhaps MLA read the writing on the courtroom wall. The move to dismiss came after Judge McMahon ladled out some judicial sauce….

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The world of legal recruiting is a bit like Glengarry Glen Ross. Like the real estate agents of Glengarry, legal recruiters work mainly on commission, and they get paid when they close deals. Instead of getting paid for selling parcels of land, though, headhunters get paid when they find lawyers — people like you — new employment (most often at law firms, although sometimes in-house as well).

Like Glengarry, the world of legal recruiting features outsized personalities, profanity-spouting hustlers, and smooth-talking salespeople (the folks who cold call you and try to lure you away from Big Firm A to Big Firm B). Given the sheer number of recruiters working today, the fierce competition for deals, and the fees at stake — moving a group of powerful partners from one firm to another can result in a six- or even seven-figure payday — it’s not surprising that the business has a seamy side.

In a lawsuit filed earlier this year, which has come to light thanks to some recent, non-sealed court filings, one of the biggest attorney search firms out there — Major, Lindsey & Africa — has made RICO claims against an ex-employee.

Wait a sec. RICO — as in the Racketeer Influenced and Corrupt Organizations Act? Some say legal recruiting can be a dirty business, but it’s not that dirty, is it?

(And are law firm associates going to start getting voice mails from Teamsters? “Hey there, uh, David, my name is Sal….”)

Let’s explore the allegations of MLA’s lawsuit against one its former recruiters, Sharon Mahn….

double red triangle arrows Continue reading “Lawsuit of the Day: Major Lindsey Files RICO Action Against Former Employee”

Eric Holder

* Covington & Burling’s Eric Holder is now definite as Obama’s choice for Attorney General. Look out for the official announcement after Thanksgiving. [Politico]

* Former Hunton & Williams partner Emerson Briggs gets 70 months in federal prison for doing very bad things with his firm laptop. [Legal Times]

* California AG Jerry Brown is doing what he can for the pocketbooks of Walmart shoppers. Look out for a $3 discount near you. [Business Week]

* What year is this? “Judge rules that suspects cannot be detained because of ethnicity.” Thanks to Judge Frederic Block, now it’s okay to be Egyptian on a plane. [New York Times]

* Considering a lateral move? Ask the tough financial questions first. [The Recorder]

* Exxon Shipping, Footnote 17. It’s so hot right now. [New York Times]

* New Yorkers, join the ATL editors for drinks and merriment on Dec. 2, courtesy of Major, Lindsey & Africa. [Above The Law]