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Processes, Challenges and Solutions In Lateral Partner Integration
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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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.
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
How AI Has Affected PR
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.