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Use Business Development Content for Cross-Selling Success Image

Use Business Development Content for Cross-Selling Success

Wayne Pollock

If you're in that boat, or you are unsure about how to get your cross-selling efforts going, marketing and business development content, in all of its forms, is your secret weapon for cross-selling your firm's services.

Features

Law Firms Are Using Clawback Provisions to Stop Lateral Departures Image

Law Firms Are Using Clawback Provisions to Stop Lateral Departures

Jessie Yount

As law firms face mounting pressure from the talent wars, many are attaching strings to their partnership agreements in order to protect their partnerships and forestall lateral departures in a high-demand market.

Features

What Can the Legal Industry Learn from Baseball's Labor Dispute? Image

What Can the Legal Industry Learn from Baseball's Labor Dispute?

Dan Packel

Major League Baseball just resolved a contentious dispute between owners and the players union over revenue; both parties had been at odds about how to split up the pie. The challenge of splitting up the pie in law firms is going to become an increasing issue in coming years and perhaps even later in 2022 — particularly if the pie doesn't keep growing.

Features

While Associate Salaries Rise to Fight Talent War, Counsel Are Asking, 'Where's Mine?' Image

While Associate Salaries Rise to Fight Talent War, Counsel Are Asking, 'Where's Mine?'

Brenda Sapino Jeffreys

Uncertainty at most firms has led some Big Law counsel to become unhappy or disgruntled. They may be working the same long hours as their firms' associates, but, in some cases, they're now making less than lawyers with less experience. As a result, many counsel have been reaching out to recruiters.

Features

Ensure Financial Health Ahead of an Economic Downturn Image

Ensure Financial Health Ahead of an Economic Downturn

Derek F. Meek & Hanna Lahr

Proper planning is key to ensuring a company's financial health when facing an economic downturn. Although companies will come into such planning with different levels of financial health, the same considerations can be helpful in determining the best path forward.

Features

Aligning with Client Expectations Image

Aligning with Client Expectations

Vivian Hood & Terry M. Isner

We're well into 2022, and despite the flip of the calendar, COVID is still sweeping the U.S., it feels like not much has changed. Or has it?

Features

Do a Lateral's Clients Move With Them? Image

Do a Lateral's Clients Move With Them?

Eric Dewey

There is no way to guarantee a lateral's clients will make the move to a new firm. But a series of questions can examine the quality of these relationships and the likelihood that the client will move with the lateral candidate.

Features

Law Firm Profits Soared In 2021, Despite Increased Expenses Image

Law Firm Profits Soared In 2021, Despite Increased Expenses

By Gretta Rusanow, Gloria Gomez & Scott Kesselman

Strong demand growth led to a war for talent, but it was also a major driver of the industry average double-digit revenue growth seen in 2021.

Features

Are Lawyers Packing More Billables Into Less Time? Image

Are Lawyers Packing More Billables Into Less Time?

Andrew Maloney

Are lawyers working harder than ever? Recent figures in the legal industry show only a slight increase last year in the number of average hours billed per lawyer. Yet analysts and firm leaders say the total amount of hours worked — not just billed — is likely higher,

Features

The Rise of Innovation In a Hyper-Competitive Market for Legal Talent Image

The Rise of Innovation In a Hyper-Competitive Market for Legal Talent

Ari Kaplan

The results of interviewing 30 chief talent officers along with directors and managers of recruiting reveal the impact of the pandemic on entry-level and lateral hiring, the appetite for leveraging technology to address the rapid acceleration in on-campus interviewing and lateral recruitment, and the increased focus on innovation to fuel law firm success.

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