Sentences with phrase «rainmaking partners»

It's more like Slater & Gordon, the Australian law firm that did a public offering a few years ago, than a conventional big corporate firm driven by rainmaking partners.

As with last year's demise of firms like Thacher Profitt, Thelen and Heller Ehrman, Wolf Block's failure, as described by The Legal Intelligencer, follows the same pattern: failed merger attempts, rainmaking partners jumping ship and a primary practice area (real estate) that suffered in the economic downturn.

Not exact matches

To inspire innovation and also get access to new customers, Tryg partnered with coworking space company Rainmaking Loft to build a custom space «The Camp» at its headquarters in Ballerup, Denmark.

Many junior associates assume they could never land a whale of a big client for their firm, so they let this element of their practice slide, leaving rainmaking for the senior partners.

Even if they make partner, conditions can be difficult for women in traditional law firm partnerships: In its 2015 survey of 73 of the country's largest firms, the National Association of Women Lawyers (NAWL) reports that, among other discriminatory practices, men outpace women in obtaining rainmaking credits, and there is a gender gap in revenues generated from client billings, even as women partners report higher working hours.

According to Dr. Larry Richard, who has examined thousands of lawyers with the Caliper test, «low sociability scores have broad implications for many aspect of law firm management — mentoring, teamwork,..., and rainmaking... rainmakers scored nearly three and a half times higher on Sociability than service partners!»

The length of time that a firm remains in one of the above governance cycles depends, to a greater or lesser degree, upon: the firm's economics; its culture; the traditional method of admitting partners - through the firm's career development program, lateral hires or combination; the method of allocating profits to the partners and how the system is administered; the personal characteristics, the rainmaking and professional skills of partners whose practice areas are profitable over an extended period of time; and how certain of the more influential partners are perceived by other influential partners.

Within firms, it would be useful for those who work in business development and marketing for research and prospecting as well as for partners and associates who are involved in rainmaking.

As Kaplan explains, writing demonstrate genuine interest in a subject, saves partners valuable time and shows that you're cognizant of the importance of rainmaking.

If billing partner status does not correlate with rainmaking, and there isn't other hard data that tracks rainmaking to specific matters, then profitability by billing partner should not be used.

The Recorder reports that the firm has closed its Taiwan office and is re-evaluating its Silicon Valley office after the loss of rainmaking patent litigation partner Yitai Hu.

This increased emphasis on originating clients is a major source of stress for many partners, who are often untrained in the art of rainmaking, according to Barbara Mayden of the legal search and consulting firm Young Mayden LLC.

Conceptions of «power» within a firm, based on rainmaking or litigation successes, seemed to play the dominant role in who takes the lead in management responsibilities (overlooking committee and managing partner elections).

The program covers the topics that are integral to effective leadership including law firm economics, culture change, strategic planning, succession, business practices, rainmaking, and navigating the internal politics inherent to the managing partner role.

Central to the profitability of the «BigLaw» business model is how rainmaking equity partners, i.e. the owners, win work for the firm and enlist other fee - earners to do the bulk of this work.