In response to the economic downturn and tightening budgets, «we are seeing a shift across the global legal market as clients use top
tier firms less for high value work overall,» Acritas noted.
Not exact matches
When negotiating with a top -
tier VC
firm, for instance, Ravikant recommends trying to get a term sheet from a
lesser firm to use as leverage.
Last year I just squeaked by with
firm's «target» number of hours (under 1900), but didn't make the informal practice group target (
less than 100 more) and received the low
tier bonus for my year (no complaints, wasn't sure I'd get it given how close I was).
A recent analysis of invoices from more than 3,000 law
firms demonstrated that no matter what
tier firm women work at, female lawyers are billed at 10 %
less than male lawyers per hour.
And while 2 % of men at top
tier firms billed at over $ 1,000 an hour, virtually no women makes that rate, and roughly half of men at top
tier firms charge more than $ 500 an hour compared to
less than a third of women at the same
firms.
We aren't a jump ball every year and we want longevity to be rewarded and loyalty to be rewarded, but I think at all
firms, including ours,... there is
less stickiness» among compensation
tiers.
After all, most top
tier firms offer the same range of services, at more or
less the same internationally accepted price points.
Provide top -
tier legal services, with improved customer service, for 40 - 60 %
less costs than the average Michigan or Illinois law
firm.
With our scenario,
firms that believe in full ownership and equity participation of their partners are probably
less likely to create a
tier of non-equity partners.
The idea is that [the
firm] will attract first - years from second -
tier schools or
less - competitive students at the top schools.
A recent study by Steve Nelson of The McCormick Group, published at 3 Geeks and a Law Blog, Midsize
Firms Are Touting Efficiency, But They're Not Hiring Efficiency Experts, found that firms outside the top tier invest less in these two areas than firms in the top
Firms Are Touting Efficiency, But They're Not Hiring Efficiency Experts, found that
firms outside the top tier invest less in these two areas than firms in the top
firms outside the top
tier invest
less in these two areas than
firms in the top
firms in the top
tier.
Less than two months after contracting with
Ty, I had a top - notch resume, new interviewing and negotiation skills, AND a
firm offer for the job on which I had set my sights.