This Is an Ad

Ed. note: This post is written by Clint Russell at Prestige Legal Search. Check out their Prestige Rewards Program here, or email him here.

Bonuses are in. ‘Tis the season to lateral. Here’s what you need to know to make a move. Warning: some points are fairly obvious, many are overlooked, but all are important.

1. Start the process now.

Making a lateral move takes time. Unless the planets magically align for you, you’re likely looking at a couple-month process, start to finish. While that’s certainly not a bad thing (you should be exhaustive when making a career change), it does mean that you should start the process now if you’re planning on exploring your options after you collect your bonus in the upcoming weeks/months.

This is not to say that you should send your résumé to every recruiter that includes you in an e-mail blast in January. However, now is a good time to start taking all the necessary steps that come before sending out résumés and interviewing. These steps will help ensure that your lateral move will be as painless as possible.

The more organized you approach your search, the easier it will be for a good recruiter to get you what you want. This is typically a slow time of year for both work and lateral opportunities, so it’s a good time to get all your ducks in a row and be ready to take advantage of all the opportunities that interest you in 2014…

double red triangle arrows Continue reading “7 Tips To Help You Make The Right Lateral Move”

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!

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!

Your ATL editors: David Lat, Staci Zaretsky, Joe Patrice, and Elie Mystal.

It’s the most wonderful time of the year: a time for law firm bonuses, new partner announcements, holiday cards (including our annual contest), holiday gifts, and holiday parties.

Thanks a lot to everyone who came out last Thursday night to attend the Above the Law holiday party. This year’s festivities were extremely well-attended (the bar was packed), and the entire crowd enjoyed all of the specialty drinks that were served. Thanks to our sponsors, Superior Discovery and Prestige Legal Search, for making such a great evening possible.

If you weren’t able to make it out, don’t worry — we’ve got you covered. Here are some of the pictures from a night that was full of fun and fabulosity…

double red triangle arrows Continue reading “The ATL Holiday Party: A Photo Essay”

As we enter the holiday season, we’d like to give thanks to our excellent advertisers here at Above the Law, who bring us and our readers great cheer:

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 express gratitude and extend thanks to our wonderful advertisers here at Above the Law, who help put food on all of our tables:

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!

‘Who needs a bonus? We have these nifty red hats!’

The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.

We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in….

double red triangle arrows Continue reading “The 2013 ATL Holiday Gift Guide”

Ed. note: This is the latest installment in a 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.

Lateral matchmaking is hardly ever “love at first sight, at last sight, at ever and ever sight.” It is a rigorous process that requires a multifaceted approach to satisfy a multitude of criteria. If you are questioning the degree of your lateral attractiveness, allow me to explicate this below.

Each firm has a unique culture and looks for different traits in lateral partners. Nonetheless, most firms have a baseline, a minimum threshold a lawyer must meet in order to seem attractive, at least at first glance. There are always exceptions to these rules, but in general this threshold is encompassed by the following: profitability (e.g., portable business, bill rates, hours, and leverage); pedigree (e.g., law school); vintage; and for some firms, even GPA.

The first criteria is profitability. I will walk you through a quick example to explain the difference between two partners, then share with you a game that will let you assess your value as a lateral in today’s market….

double red triangle arrows Continue reading “Calculating Your Value As A Lateral Partner”

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!

Ed. note: This is the latest installment in a 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.

“Do not go gentle into that good night, rage rage against the dying of the light.”

Dylan Thomas prophesied in his 1951 villanelle a prescient observation of aging leadership along with the corresponding succession planning hurdles a majority of laws firms face with their baby booming (or boomed) vintages.

Of the roughly 35,000 partners in Biglaw, roughly 4,700, (13%) of them are within a few years of or have surpassed (and then some) the mandatory retirement age. Lawyers 55 or older make up nearly 1/3 of practicing partners in the Am Law 200, a figure that will likely hold steady as the tail end of the baby boomer generation ages. Am Law 200 law firms have on average about 23.5 chairs, executive members, and senior partners whose 40-plus years of experience, client relationships, and leadership must be transferred to a new generation of rising stars. The process is hardly ever smooth and often involuntary.

Most partners in senior vintages begrudge the practice of mandatory retirement; some bemoan that it is an overcautious safeguard or the epitome of ageism. Some claim the practice is supported by scientific studies that link cognitive decline with advancing age — especially after 65, which is about the average for mandatory retirement. So how many law firms are prepared to deal with the void left by these partners?

double red triangle arrows Continue reading “Why Your Law Firm Needs A Partner Succession Plan”

Page 6 of 801...2345678910...80