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Hiring Assessment Tips and Tools: One Firm's Firsthand Experience
The financial impact of making successful hiring choices is as significant, long-term, as any other effort in law firm management. The negative results of poor choices can be a long-lasting burden or even a marketing or reputation nightmare. If only hiring people were as simple a process as evaluating a business, managing one's own practice would be much easier.
Most firms have had the misfortune of finding the 'perfect candidate' for a position, only to discover later that the individual was, literally, too good to be true. After a series of unsuccessful attempts at finding qualified new hires, we at Seigneur Gustafson LLP knew we had to find a better way to evaluate potential employees beyond just hiring them to see how they would work. Through this effort, we identified six key character elements that are critical to consider when evaluating a new hire:
- Values systems and personal ethics;
- Perceptions related to compensation and money;
- Work habits;
- Career and personal goals;
- Strengths and limitations; and
- Personality roles ' dominant or subordinate.
However, without a human resources staff devoted exclusively to assessing every new hire candidate on these specific character traits, this would be a time-consuming and burdensome task for most firms, even though the long-term benefits would be significant.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
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Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.