It’s no longer 2009. With unemployment rates hovering close to 4%, employers need to change their approach to recruiting talent. In the legal search business, we are seeing candidates who are being much more discriminating about what jobs they are willing to consider. In certain areas of practice, notably corporate, real estate and IP, the … Read more
Fee agreements are the cornerstone of any legal practice. Drafted properly, they increase the likelihood that you will get paid for your services in a timely fashion. Good fee agreements decrease the chances that you will get into a dispute with your clients or with the Board of Bar overseers, and they can even be … Read more
Firms will maintain their profitability in the coming year by making fewer partners and by de-equitizing under-performing partners. These are some of the key findings in a report issued by consulting firm AltmanWeil. Nearly 40% of firms made fewer partnership offers in 2009, and 50% indicated that they will or might do so in 2010. … Read more
JD Supra has surveyed lawyers and consultants to the legal industry (including yours truly.) They asked us 2 questions: 1. What surprised you in 2010? 2. What should lawyers expect in the New Year? To read the responses, click here.
What has been will be again, what has been done will be done again; there is nothing new under the sun…Ecclesiastes Alternative Fee Agreements have been getting a lot of attention in the legal profession as of late. The Zeitgeist, at least in corporate counsel circles, is that the billable hour is finally being challenged … Read more
The results of my wholly unscientific reader’s poll are in and they confirm what I had suspected. Lawyers are mildly optimistic about the demand for legal services going into Fall 2010. This seems to exceed the overall confidence of the public at large in the economy at large. Perhaps that is because lawyers are needed … Read more
Please click here to vote in my wholly unscientific poll.
Lateral hiring on the rebound in Chicago and Midwest.
As firms increasingly adopt alternative fee agreements, better models of staffing will take on more importance (including outsourcing). But technology also has a role to play in helping law firms figure out how to deliver legal services “better, faster, cheaper”. I don’t follow the e-discovery world that closely; but do I take notice when law … Read more
Does all the change in the legal profession have you wondering whether you are at the “right” firm? My latest submission to JDSupra http://bit.ly/aFWkQ2 .