Shameless Plugs

We’d like to take a moment to thank to our wonderful advertisers here at Above the Law:

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Ed. note: The Aspiring Lateral, a new series from Levenfeld Pearlstein, will analyze a variety of issues surrounding lateral moves, drawing on the firm’s experience in the lateral market as well as the individual experiences of LP attorneys. Today’s post is written by Peter Donati, the chair of Levenfeld Pearlstein’s Labor & Employment Group and the head of its Compensation Committee.

We’ve been conditioned to believe that lateral moves are all about money. Popular thinking — which may not be far from the truth — holds that law firms, held in collective thrall by the American Lawyer’s profit-per-partner numbers, focus on lateral hiring as the first step in a virtuous cycle that will increase their PPP metric, in turn attract more profitable laterals, and so on and so on. Laterals themselves, meanwhile, are viewed as economic actors lured away from their firms primarily through the prospect of increased, or guaranteed, compensation.

(Given the prominent role that guaranteed compensation is said to have played in the downfall of Dewey, and the pains Weil Gotshal took to point out its relative lack of compensation guarantees when announcing its recent layoffs, this particular carrot may be falling out of fashion. Even Weil conceded, however, that it has compensation guarantees in place for first-year laterals.)

In light of the focus on dollars in connection with lateral moves, it may surprise the reader to hear the head of a compensation committee say that in many cases, lateral candidates do not talk enough about money. To be more specific, lateral candidates often don’t scratch beneath surface questioning about their prospective new firm’s compensation system. If they did, their answers would inform them more deeply not only about their future paychecks, but the character of the firm they are considering….

double red triangle arrows Continue reading “The Aspiring Lateral: Money Talks”

Few places on God’s green earth are more beautiful than Seattle in July. The weather is perfect, with little rain and with temperatures in the 70s, and the days are long.

So it should come as no surprise that we’re taking the Above the Law roadshow to the Emerald City next week. We’re hosting a reception for our readers on the evening of Wednesday, July 17, starting at 6:30 p.m.

This event will be a great opportunity for attendees to hear from legal leaders, meet members of the Above the Law team, and network with peers. Cocktails and canapés will be provided, and there is no cost to attend. Thanks to our friends at Recommind for their generous sponsorship.

Please click on the link below to RSVP. We look forward to seeing you next week.

Click here to RSVP.

Before we head off to celebrate our freedom, we’d like to take a moment to thank to our wonderful advertisers here at Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, please download our media kits or email [email protected]. Thanks!

Air conditioning is important this time of year. Thanks to our wonderful advertisers here at Above the Law, who keep us cool:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, please download our media kits or email [email protected]. Thanks!

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 protected]. Thanks.

We’d like to take a moment to thank our wonderful advertisers here at Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, please download our media kits or email [email protected]. Thanks!

We’d like to take a moment to thank our wonderful advertisers here at Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, please download our media kits or email [email protected]. 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.

We’d like to take a moment to thank our wonderful advertisers here at Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, please download our media kits or email [email protected]. Thanks!

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