Sentences with phrase «lateral hires often»

Firms also do well to understand that lateral hires often make moves because they believe a new situation will help them overcome existing weaknesses of their own.

Frank noted that Philadelphia firms were also especially active in lateral hiring in 2013, and lateral hires often get bumps in pay.

Not exact matches

Though summer associate programs give firms some opportunity to evaluate a prospective attorney's skills, firms often hire graduates and laterals who haven't come up through a summer program and whose skills are untested.

«Probably an essential service in today's climate of high stakes, often unsuccessful lateral hiring,» one judge noted.

There's a business case for lateral hires: often they come with a book of clients.

Despite assertions by some commentators who question the wisdom of lateral partner hiring, lateral partner hiring remains an extremely viable strategy for growth and is the strategy most often identified by firm leaders as key to their competitive approach.

Other managers making upwardly mobile headway include lateral hiring professionals, often former or current partners or lawyers in the firm, who have significant experience and are personally facile in the complex aspects of hiring lateral partners.

Given the often highly disruptive nature of lateral hires, I worry that firms don't think carefully enough, and holistically enough, before taking on someone who isn't going to add materially to the business.

But, he adds, the book of business a lawyer brings in is often the key criterion in lateral hiring at the partner level.