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Mentoring: A Win-Win-Win
Mentoring is a win-win-win situation. First, the prot'g' (called “mentee” in this article) wins by establishing relationships with more experienced attorneys. Regular mentoring leads the mentee to professional excellence and higher morale, which fuel higher job satisfaction and quality of work. The mentor wins by feeling a sense of pride when the mentee develops into a thriving, satisfied professional. A quality mentor also receives a good reputation among the attorneys in the firm, which can lead to other firm leadership roles. Ultimately, the firm wins when it is easier to recruit, develop and retain associates. An all-inclusive mentoring program increases work quality and productivity as well as creating a sense of community and an effective learning environment.
The purpose of a mentoring program is to ensure that new attorneys are provided an opportunity to build a trusting and meaningful relationship with a senior associate and/or partner who will guide, monitor and enhance their professional growth. While it is important to provide associates with every opportunity for such support, associates should likewise be encouraged and trained to take a proactive role in their own development.
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Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.
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.