That was the situation that confronted the managing partner of a 50-lawyer New York boutique when he had to deal with an abusive lateral who accounted for one-third of the firm’s total revenue. Other partners were nervous, but the managing partner felt they had no choice. The rainmaker caused constant chaos, complaining about everything. It was not hard for the rainmaker to find another home, and he was gone in short order. The firm took a big hit financially, but everyone was relieved and more productive when the rainmaker left. … [Read more...] about Abuse of power within law firms: The rainmaker dilemma
Galindo law firm
Macfarlanes, which has more than 300 lawyers, introduced blind recruiting in 2014. When recruiting for the new trainee intake, the graduate recruitment team sees all the resumés, but the assessors on the assessment days don’t even get to glance at them. “Three-quarters of the assessment day is conducted CV-blind, including the written, group and in-tray tasks,” Morgan-Guest says. “This means that a large part of a candidate’s assessment is based on their actual performance on the day, which we believe promotes greater fairness.” … [Read more...] about Law firms embrace blind recruiting to promote diversity–but does it work?
Several law firms announcing partner promotions this year have dipped below that percentage, according to the New York Law Journal. They include Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, which recently promoted five people to partner—all of them male. … [Read more...] about Partner promotion photo shows little diversity; law firm blames ‘idiosyncratic demographic pool’
In my day as an associate, partners with years of experience managed associates. It worked well and generally produced confident and competent lawyers. As a result of this experience, I never have been a fan of associates managing other associates. I think it is fraught with problems, and I have seen it go horribly wrong. A little power can become an ugly thing in the hands of the unskilled. … [Read more...] about Law firms shouldn’t overlook value of soft skills
Partners looking at compensation information realized they could make more money at other law firms, which has led to a more robust lateral market, the Wall Street Journal reports. At the same time, law firms continued to grow and offer one-stop services to clients. … [Read more...] about As law firm culture changes, being a partner ‘is all but dead’