October 5, 2020
Some small law firms may have chosen a successor. Most have not. Nor have they written a succession plan. Partners spend the majority of their time growing their practice.
September 29, 2020
A lot of associates at top firms are ecstatic to see that they will receive thousands of dollars in the form of special fall bonuses. However, given the precariousness of the COVID-19 economy, and the damage it has caused, are there ways firms can show appreciation for their associates when they are unable to give out bonuses?
September 22, 2020
As the new school year starts every law school professor looking for a position in the field has this question on their mind: Will law schools hire this year?
September 15, 2020
The work created in the legal field when the COVID-19 pandemic first became a known threat in the United States—securing federal loans, as an example—may be silencing now. However, as the U.S. continues to cope with the consequences of the coronavirus, law firms are continuing to adapt their practice offerings.
September 9, 2020
Working from home is here to stay for a while in the legal field amid the COVID-19 pandemic. So when are lawyers and their staff expected to come back into the office? Not until 2021, according to several law firms.
September 1, 2020
This year has delivered huge changes to the way our world lives and works. But, will American law firms be ready to recognize and use what is going on in our world as an opportunity to create real change? In her book “Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen,” business professor Rita McGrath defines an inflection point as a moment that ““upends the basic assumptions that a business model is built on.”
August 25, 2020
The coronavirus pandemic brought sudden changes and unusual challenges to many general counsel and other corporate law department leadership. However, the good news is that the experience of successfully navigating their way through the storm could give in-house counsel a boost to the next rung on the career ladder.
August 18, 2020
In-house counsel may be overspending on outside counsel despite functioning in an unprecedented COVID-19 pandemic economy.
August 10, 2020
Law firms and corporate legal departments were pulling from the cybersecurity talent pool before the outbreak of COVID-19. This pool was not exactly overflowing though. With the sudden influx of employees working remotely and a host of other pandemic-related needs, this pool might have even further narrowed the already hyperspecific criteria that legal professionals are looking for in cybersecurity support.
August 4, 2020
In the time before the COVID-19 pandemic, law firm partners that were looking to make a lateral move, particularly to a firm with a national presence, can expect to spend substantial time in the air. However, that is currently no longer the case. And cutting out that travel is serving to compress the timeline for bringing new lawyers on board.