In the current economic environment, especially, General Counsel resist paying high fees for routine, repetitive functions. They realize that some tasks don’t require lawyers, or at least high priced lawyers in traditional law firms, to complete them. Therefore, in order to hang onto as much business as possible, smart law firms minimize the cost of…
Over the past few decades, law firms transitioned from the traditional partner/associate firm structure towards the model of the large international accounting and consulting firms, with multiple tiers of positions with different titles, duties, and pay levels. Now, there are all sorts of categories of law firm lawyers. In addition to equity and non-equity partners,…
Regardless of the quality of your work product, how often you’re seen at the office impacts what your superiors and colleagues think of you. With technological advances constantly increasing connectivity, there’s a growing expectation that lawyers are available to work 24/7, with a decreased need to spend time in the office to do so. As…
The Great Recession sparked radical changes in the legal marketplace, including drastically reduced entry-level and junior associate hiring and the rise of core competency systems for their evaluation, compensation, and advancement. As part of this trend, there is a movement to reevaluate traditional criteria for hiring lawyers at all levels of seniority and possibly to…
