Posts Categorized: Talent

Law firms and the JetBlue guy

Posted by & filed under Competition, New Lawyers, Talent.

Even if former JetBlue flight attendant Steven Slater didn’t plan his famous chute-deploying resignation in advance, he seems ready and willing to exploit the moment, perhaps to land a reality-TV hosting gig. If it does turn out that his Big Quit was staged (like that of Elyse Porterfield, the “Dry-Erase Girl” whose hoax didn’t even… Read more »

Law firms on demand

Posted by & filed under Big Firms, Clients, Talent.

What if you could take a law firm, carve away all the parts of it you don’t like, and keep all the parts you did? What if, from the client perspective, you could get rid of high and rising prices, time-based bills, gratuitous overhead costs and unfamiliarity with your business? What if, from the lawyer… Read more »

Targeting the variable fee

Posted by & filed under Billing, Innovation, Talent.

For as long as most lawyers can remember, the billable hour has defined, powered, and shaped their law firms. It determines how lawyers work, how they sell their work, how much they earn, and how they assess and reward their employees. It breeds inefficient, overworked lawyers and frustrated, resentful clients; but it has also proved… Read more »

Breaking the big firm

Posted by & filed under Big Firms, Billing, Diversity, Talent.

My strongest, greatest fear by far, if it’s not too soon to look to the “other side” of this financial system meltdown and general economic interregnum, is not that things in law-land will look overly different when we emerge, but that they won’t look different enough. That observation comes from Bruce MacEwen of Adam Smith… Read more »

The best and the brightest?

Posted by & filed under Big Firms, Law School, Talent.

It’s a small thing, but it’s been bothering me disproportionately, so I want to say a few words about one of my least favourite current phrases in the law:  “the best and the brightest.” It’s normally used in a talent recruitment or institutional marketing capacity to describe the very small group of the very best… Read more »

The legacy of work-life balance

Posted by & filed under Big Firms, Billing, New Lawyers, Purpose, Satisfaction, Talent.

I think we’ll soon be closing the book on one of the legal profession’s most-used and least-understood phrases of the last decade: “work-life balance.” It was still all the rage just a couple of years ago — new lawyers invoked it as a mantra, talent recruiters bandied it about, and many legal publications (including those… Read more »

How to solve the legal employment crisis

Posted by & filed under Innovation, Recession, Talent.

The cover story in last week’s Economist got me thinking about the looming crisis in lawyer employment. “When jobs disappear” paints a bleak picture of a rising wave of unemployment worldwide that will hurt more and last longer than past employment crises. The credit crunch has forced companies to cut costs rapidly, while the massive… Read more »

The other shoe

Posted by & filed under Big Firms, Recession, Talent.

If you like your comedy dark, track the law firm layoff news. There’s the partner at Pillsbury LLP who, seated on a crowded but quiet commuter train into NewYork City, conducted a loud cellphone conversation with a colleague at the office that revealed planned associate layoffs at the firm, right down to naming the names… Read more »

The evolution of lawyer regulation

Posted by & filed under Big Firms, Governance, Talent.

The thing about change is that once it gets rolling, it’s almost impossible to control and can go in directions you neither anticipated nor like very much. That thought occurred to me while reading a report issued last week by the Legal Services Policy Institute, the think-tank division of UK legal training company The College… Read more »

The disappearing associate

Posted by & filed under Big Firms, New Lawyers, Recession, Talent.

Well, that was ugly. In case you missed it, or you need a summary, here’s what happened on a day (yesterday) that the ABA Journal called Black Thursday and Above The Law readers have decided should be named (a little early) the Valentine’s Day Massacre: Holland & Knight fired 70 lawyers and 173 staff DLA… Read more »

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