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A Partner's $64,000 Question: 'How Marketable Am I?'
I am often asked about the current job market for law firm partners, and my answer is what you'd expect from a former practicing attorney: “It depends.” I then ask a series of questions that will help me assess that attorney's marketability and job prospects.
Even during the economic downturn, lateral partner hiring remained fairly strong, primarily because the market for partners is largely opportunistic. At times a law firm may need to bring on a lateral partner or group to fill an active need or expand into a new city or practice area, but as a general matter, firms are not looking for partners in the traditional “have to have someone” sense. Unlike a company looking for a CEO or General Counsel, firms usually don't “have” to add anyone and simply won't if the right partner isn't before them.
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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.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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.