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As law firms strategize to enhance their lateral partner hiring processes, they face mounting challenges, particularly with lateral market trends forecasting record activity in Q4 — despite a 35% decline in 2023. With nearly half of lateral hires leaving within five years, retention has become more crucial than ever. As lateral moves and firm mergers increase, ensuring successful integration is key to securing long-term growth and stability.
How can law firms improve success with retaining lateral hires? A recent discussion of trends, obstacles and best practices for lateral integration featured Elizabeth Kennedy, principal with NewEdge BD; Erin Ryan, director of partner integration & business development coaching at McGuireWoods; and Megan Henry, lateral partner integration manager at Bradley, at the 2024 Legal Marketing Association Southeast Regional Conference.
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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.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.