Do you have the right stuff to make partner? At the top firms, studies show that associates who join right out of law school have a 10% chance of making partner at their firm; lateral associates have a 17% chance. Nearly ¾ of all associates leave the first firm they join after law school graduation,…
Want to win Survivor: The Law Version? In this slow economy, associates at all levels of seniority, and even some partners, may question their ability to survive the cost-cutting measures—including layoffs, salary freezes or reductions, and rescissions of offers or indefinite delays in start dates for new hires—hitting even some of the most prestigious law…
As law firms attempt to raise profitability, there is increased pressure on lawyers to bill a tremendous number of hours. While most large firms state a target billable hours requirement for associates on the partnership track of 2000, the reality is much higher. But not all hours are created equal. To get the most out of the…
The conventional wisdom calling for two weeks’ notice before leaving a job does not always hold true for attorneys. If you are a law firm partner, you may have signed an agreement calling for much longer notice; conversely, you may be ushered out the door immediately. For all attorneys from associate to partner, client interests…
