Allison Rhodes, co-chair of Holland & Knight’s Legal Profession Team, advises law firms dealing with troublesome behavior to involve the troublemakers in adopting new policies when possible. She calls this strategy “getting their fingerprints on the weapon.” When they violate a new policy, they can’t complain as much if they were involved in its formulation. For example, one firm had a partner who may have been sending excessive bills to clients because he did not record his time daily. The firm adopted a policy that if hours for the week were not recorded by Sunday, they could not be billed at all. The partner who sparked the policy left the firm. … [Read more...] about Abuse of power within law firms: The rainmaker dilemma
Roseman law firm
“We anticipated this would have a positive impact on diversity—making it more likely that female candidates and those from ethnic minorities are selected for the shortlist,” said Michael Hiscox, a professor at Harvard University who oversaw the study, to various media outlets. “We found the opposite—that de-identifying candidates reduced the likelihood of women being selected for the shortlist.” … [Read more...] about Law firms embrace blind recruiting to promote diversity–but does it work?
In a statement to the New York Law Journal, Paul Weiss chairman Brad Karp said its new partnership class has one woman, one Latino and one LGBTQ partner, making it 25 percent diverse. He said the gender and racial imbalance “resulted from an idiosyncratic demographic pool and which I can assure you will not be repeated.” … [Read more...] about Partner promotion photo shows little diversity; law firm blames ‘idiosyncratic demographic pool’
Susan Smith Blakely is a lawyer and founder of LegalPerspectives, an umbrella organization for her writing, speaking and consulting on issues affecting female lawyers and women in business. She is the author of the Best Friends at the Bar book series for female lawyers. Her most recent book is What Millennial Lawyers Want: A Bridge from the Past to the Future of Law Practice. … [Read more...] about Law firms shouldn’t overlook value of soft skills
In an effort to hold on to their own partners, some law firms are paying more money to star lawyers and widening the pay spread. The article cites a partner at Simpson Thacher & Bartlett who said the pay spread has increased from 4-to-1 to 6-to-1 in recent years. At Fried, Frank, Harris, Shriver & Jacobson the pay spread has risen to 13-to-1. … [Read more...] about As law firm culture changes, being a partner ‘is all but dead’