For the law firms that made headlines in 2024 by opening new offices, 2025 brings a new directive: filling these locations with profitable rainmakers. If you’re among the law firm leaders scouting talent in a new or growing...more
1/30/2025
/ Business Development ,
Client Retention ,
Firm Leadership ,
Hiring & Firing ,
Law Firm Partners ,
Law Practice Management ,
Legal Recruiting ,
Rainmakers ,
Recruitment Policies ,
Risk Management ,
Strategic Planning
If you plan to bolster your lawyer ranks with lateral associates in 2025, there are two critical steps for ensuring success. Law firms must understand the risks inherent in lateral associate hiring, then create a due...more
If the statistics about high failure rates of lateral partners don’t persuade you, consider another barometer: the stress levels of professional liability insurers. Indeed, lateral hiring tops the list of issues that...more
1/15/2025
/ Attorney Malpractice ,
Business Development ,
Business Strategies ,
Corporate Governance ,
Due Diligence ,
Hiring & Firing ,
Lateral Hiring ,
Law Firm Partners ,
Law Practice Management ,
Legal Recruiting ,
Professional Liability ,
Risk Management ,
Risk Mitigation
Attracting and retaining talent is the No. 1 issue for practice group leaders, according to a Withum survey of law firm leaders. And sadly, in the same survey, just 36 percent of respondents described their practice group...more
1/7/2025
/ Analytics ,
Business Development ,
Firm Leadership ,
Hiring & Firing ,
Job Applicants ,
Lateral Hiring ,
Law Firm Associates ,
Law Firm Ownership ,
Law Firm Partners ,
Law Practice Management ,
Legal Recruiting ,
Professional Development ,
Recruitment Policies ,
Young Lawyers
About half of lateral partner moves involve a search firm, according to the 2023 Lateral Partner Satisfaction Survey. Engaging a recruiter isn’t just commonplace, it’s often critical, as search firms have access to networks...more
The fourth quarter presents law firm leaders with a critical period for addressing strategic planning, financial management, and compensation adjustments. However, firms that extend their focus beyond immediate financial...more
12/6/2024
/ Business Development ,
Business Strategies ,
Due Diligence ,
Employee Retention ,
Employer Liability Issues ,
Firm Leadership ,
Hiring & Firing ,
Lateral Hiring ,
Law Firm Ownership ,
Law Firm Partners ,
Law Practice Management ,
Law Students ,
Legal Recruiting
We admit it: Sometimes it’s tempting to lead with the negative information from pre-hire investigations. Bullying behavior, inflammatory social media posts, fabricated client relationships – these (very real) examples raise...more
10/28/2024
/ Background Checks ,
Business Development ,
Due Diligence ,
Employer Liability Issues ,
Hiring & Firing ,
Job Applicants ,
Lateral Hiring ,
Law Practice Management ,
Legal Recruiting ,
Recruitment Policies ,
Risk Management
A majority of attorneys and law firm leaders say business development is set to get tougher, according to a survey by BTI Consulting. Yet many of these firms are making it harder on themselves: The Legal Marketing Association...more
Timing is everything, as the saying goes — and it certainly holds true when it comes to assessing the risk of lateral partner candidates. Indeed, Decipher Investigative Intelligence analysis reveals a significant trend:...more
It’s OCI season, and law firms are already scrambling to recruit the next batch of summer associates. But it’s imperative to remember that your potential summer associates carry risk, too — and a Zoom interview and a quick...more