Tag Archives: Career Advancement in Law

Lateral Link Announces 2024 Promotions

Lateral Link is pleased to announce the promotion of several outstanding members of our team this year. These professionals have exemplified unparalleled expertise in legal recruiting, demonstrated exceptional leadership skills, and contributed greatly to helping maintain Lateral Link’s collegial and collaborative culture.

Jon Kahn: Managing Principal, New York

Jon Kahn, one of the co-leaders of Lateral Link’s partner practice group, is now a Managing Principal in Lateral Link’s New York office. With over 25 years of legal industry experience, Jon brings a unique understanding of lateral hiring, having been a partner at major law firms in New York and founding his own executive legal search firm, JEK Partners. His background in capital markets transactions, high-yield offerings, IPOs, and M&A transactions enriches our team’s capabilities. Jon holds a J.D. from Georgetown University Law Center.

Amy Savage: Senior Principal, Washington, D.C.

Amy Savage, the leader of our Government Transitions Group, is promoted to Senior Principal in our Washington, D.C. office. A recognized expert on legal career issues, Amy has made significant contributions to the D.C. legal market over 15 years, particularly in placing associates and partners with top Am Law firms. Amy earned her J.D. cum laude from Georgetown University Law Center.

Lauren Smith: Senior Principal, Washington D.C.

Lauren Smith, now a Senior Principal in our Washington, D.C., office, specializes in partner and group placements nationwide. Her diverse legal experience as both an Am Law 100 law firm litigation associate and in-house counsel provides a broad perspective beneficial to her recruiting expertise. Lauren graduated with a double major from Cornell University and later obtained her J.D. from William & Mary.

Christine Berger: Senior Director, New Orleans

Christine Berger is promoted to Senior Director, focusing on attorney placements in Texas and Louisiana. Her in-house, law firm, human resources, and resume writing experience offer unique insights into the recruiting process. Based in New Orleans, Christine’s outstanding dedication and drive has played a pivotal role in our expansion in the region.

Lateral Link continues to uphold our commitment to excellence in legal recruiting. These promotions highlight our dedication to valuing leadership and expertise within our team. We pride ourselves on understanding the complexities of the legal market, ensuring tailored and strategic solutions for both our clients and candidates.

We invite talented individuals who share our vision of excellence and collaboration to consider joining our dynamic and forward-thinking team. For those seeking opportunities in a highly-regarded recruiting firm with access to unmatched resources, a collaborative and collegial culture, and above-market compensation, Lateral Link is the ideal destination.

Biglaw Compensation Trends: Milbank Pioneers with Associate Salary Increase

In a landscape of cautious optimism within Biglaw, Milbank has announced an increase in first-year associate salaries to $225,000, setting a new benchmark in legal compensation. This move reflects a confident outlook for 2024, despite the previous year’s volatility in client demand and transactional work. The adjustment, which represents a $10,000 increment, establishes a precedent in a market that has witnessed only conservative financial growth in recent years.

The upward salary revision, effective from January 2024, spans across the firm’s hierarchy, reaching up to $425,000 for more tenured associates. This decision coincides with the announcement of year-end bonuses that echo the figures from the previous cycle, asserting Milbank’s commitment to maintaining competitive compensation in a changing economic climate.

These developments, indicative of Milbank’s resilience and foresight, may serve as a bellwether for the sector’s financial health and the strategic positioning of legal talent. As firms navigate this evolving terrain, the need for astute career management and market readiness becomes increasingly apparent.

Within this context, Movers, Shakers, and Rainmakers provides a platform for legal professionals to understand the shifts in the compensation landscape and to anticipate future trends. The podcast’s latest episode offers a nuanced discussion on the potential ripple effects of Milbank’s salary structure on Biglaw’s ecosystem.

While the series enlightens on market trends, Lateral Link offers a complementary suite of services that facilitate strategic career moves. The insights gleaned from the podcast, coupled with Lateral Link’s expertise in legal recruitment, can empower attorneys to make informed decisions in a market where advanced knowledge translates to competitive advantage.

Tune into Movers, Shakers, and Rainmakers for a discerning analysis of Biglaw’s current state and future outlook. For those contemplating their next career phase, Lateral Link provides the market intelligence and strategic support essential for navigating the intricate legal landscape.