Sentences with phrase «through lateral hires»

As we continue our strategy of growth in our core sectors, their promotion complements the recent developments we have made through lateral hires and office openings.»

Even if the firm has identified your department for growth, is this going to happen organically, or through lateral hires?

Not exact matches

Furthermore, huge amounts of money are then spent on lateral hires (in terms of recruitment fees and guaranteed minimum drawings) when there is, consequently, a dearth of decent lawyers coming through from the ranks to fill the higher levels.

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.

It is suggested that the wisest way to enter another market is through a merger with a compatible firm or by engaging a lateral hire with a profitable book of business.

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.

While working with larger law firms, it has been especially beneficial to cross-tabulate and analyze the results of interviews / questionnaires by (1) ages of the partners, (2) whether the partners are lateral hires or have progressed through the firm's career development program, (3) primary practice area (s), (4) office location, etc..

As it was, my co-presenter, Norm Clark, of US legal management consultancy Walker Clark LLC, and hit it off from moment one, guiding our mainly US listener - base through the minefield of partner lateral hiring, comparing and contrasting the UK and US experience.

growth, such as expanding overseas or building up promising practice areas, pursued through acquisitions or lateral hiring;

More and more firms seem to think that chasing top line growth through mergers and lateral hires will lead to greater efficiencies of scale.

Virtually every major Am Law 200 firm achieved a significant piece of their current size, breadth and profitability through long - term successful lateral hiring.

While making partner has never been easy, it's gotten more difficult for the reasons mentioned above, and because many firms are building practices through acquisition (i.e., lateral hiring), which means fewer opportunities for associates to get elected to the partnership.

Through the CONFLICTS ESSENTIALS program, InOutsource can train law firm conflicts staff on the fundamentals of the conflicts rules, how those rules commonly apply to their own firm's practices — as well as to the lateral hiring and merger process — and how to ensure that conflicts are not overlooked.

Many big law firms pursue a path of mindless growth through mergers and lateral hiring, but few managing partners seem to question the wisdom of that strategy.

Barber said that the growth of the local office will happen through recruiting, lateral hires and even the hiring of recent law school graduates.

This examination focuses on thinking through the potential pitfalls in lateral hiring and building a business case for mitigating the risks.

Whether the market entry strategy is through acquisition, merger or lateral hire, you can then throw a whole host of political and personal factors into the mix.

Growth has been largely internal, through a strong student recruitment and mentorship program, supplemented by some key lateral hires.