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Private practice attorneys truly own their careers, inside and outside their firms, when they fall into the category of “rainmaker” and when their compensation is a fraction of the business they are able to originate. Of course, there are exceptions — the partner whose practice area is essential to every transaction, the partner who takes on a large firm management role or the partner who fills another non-substantive need of the firm. But, generally speaking, if you are an attorney at a firm, big or small, you’re best suited as a rainmaker. Many attorneys, however, don’t actually know how to scale business and require guidance in order to develop and exercise that muscle. This is precisely why law firms should invest in their associates’ business development efforts from the start.
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Why Law Firms Need to Know About the ‘Excess Share of Voice’ Rule
By Michelle Calcote King
Every time a brand is mentioned in the media, authors an article, posts on social media or runs a series of ads, a conversation is happening. The conversation is amplified when the audience engages by sharing the article, commenting on the social media post or clicking on the ads. All of this activity results in a certain share of voice.
How Do Business Development Efforts In High-Performing Law Firms Differ?
By Meghan Frank
As firms and their clients continue to navigate ongoing business challenges in 2021, BD and marketing professionals first need to understand how mature their efforts are in specific areas. Then, they can look at what the successful firms are doing differently, so they can position themselves to join those ranks.
Voice of the Client: What In-House Counsel Need from Outside Counsel As Pandemic Landscapes Shifts
By Jennifer Simpson Carr
Responses from GCs on what matters most to their companies when hiring outside counsel.
Competitive Intelligence: How Do You Listen When You’re Not In the Room?
By Patricia Ellard
Although we understood how important in-person listening was before the pandemic, the background listening was something we used to take for granted. Here are five ways to practice active listening and remain engaged when we can’t be in a physical environment.
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