Job Seekers

During the last year and a half, virtual law firms have been flooded with interest from lawyers. However, as more traditional law firms eased restrictions around in-office requirements, lawyers continue to move to virtual law firms, signaling that the remote-work element of such a model is just one of many innovative business aspects that appeal to lawyers. 

The legal field has seen big changes in the last couple years. Legal professionals are beginning to think differently about the business of law by focusing on new models for driving value, efficiency and effectiveness.

As young lawyers find their footing in the legal field, they can sometimes struggle with achieving their goals. While law firm leaders are there to help guide them in the right direction, these young lawyers might find it difficult to relate to them. 

As the legal industry continues to be in an escalating talent war, firms are making counteroffers like never before. While legal recruiters and hiring law firms dread the use of this strategy, a changing convention in how lawyers that are leaving their firms give notice could make it easier for law firms to stick to their guns. 

6 Questions You Need to Consider in Creating a Succession Plan

The pandemic has exposed law firms whose leadership is weak, resulting in many partners making the lateral move to firms with stronger business models and leadership. 

Time is simply something none of us have. Therefore, you need to work smart. The sum total of your efforts must bring in new business. Make sure you are connecting with the right people, who can help you. Constantly assess what is working, and what is not.

Why did you put yourself on the market in the first place? Were you passed over for a promotion? Or maybe you just don’t fit in? Does the money change things? Will the issues of the past continue to be a problem? 

Lasting relationships are tied to a shared sense of competitiveness, purpose, and culture. Many top lawyers are looking to make the move. Why, because they just don’t fit in anymore.

Most Solo Practitioners have spent years developing a growing and successful practice. Start planning your retirement now, take steps to create value. Establish benchmarks for revenue for future goals. Look for people internally and externally who fit the firm’s succession future image.