Failed Lateral Move Recovery: How to Bounce Back From Career Setbacks
Lateral moves have become a cornerstone of modern career development, offering professionals the chance to diversify their skill sets and explore new opportunities. However, when a failed lateral move recovery becomes necessary, many attorneys and professionals feel stuck and uncertain about their next steps. If you’re currently dealing with a failed lateral move recovery situation, […]
Your Legal Career Needs a SWOT Analysis—Here’s How to Do It
The legal industry isn’t exactly known for sitting still. One day, you’re hearing about record BigLaw bonuses, the next it’s about layoffs and hiring freezes. If you’re a lawyer at any level, whether you’re a first-year associate or a seasoned partner, you’ve probably felt the whiplash of our ever-changing profession. Here’s the thing: hoping your […]
Navigating the Challenges of Lateral Moves for Attorneys
Introduction: Why Attorneys Make Lateral Moves Making a lateral move is a strategic career decision for attorneys. While many associates aren’t unhappy at their current firms, they recognize that changing roles can offer significant long-term growth opportunities. The decision to switch firms is complex, with internal challenges and personal career aspirations often playing a more […]
Recent Law Firm Mergers: A Positive Outlook for Growth and Expansion
The legal landscape has witnessed significant activity recently, with a wave of law firm mergers reshaping the industry. Notably, Taft is set to combine with Sherman & Howard, Ballard Spahr has announced its unanimous partnership vote to merge with Pacific Northwest firm Lane Powell, and Troutman Pepper and Locke Lord are moving forward with their […]
Cadence Counsel, Lateral Link’s In-House Staffing Arm, Appoints Nish Hossain as CEO
Cadence Counsel, the WBE in-house legal staffing subsidiary of Lateral Link, is pleased to announce the appointment of Nish Hossain as Chief Executive Officer.
Fantasy Drafting Your Dream Legal Team: What if Law Firms Were Like Fantasy Football?
Fantasy football season is here, and fans everywhere are assembling their dream teams, meticulously picking the top players who will lead them to victory. But what if we took that same competitive spirit and applied it to legal recruiting? Imagine law firms doing their own fantasy draft, selecting legal superstars to create the ultimate team. […]
Lateral Link Announces 2024 Promotions
Lateral Link is pleased to announce the promotion of an outstanding member 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 […]
Who is Better Compensated: Elite Biglaw Partners or Top General Counsel? (2023 Update)
It’s no secret that it pays to be a Biglaw equity partner. A 2022 survey of partners in “NLJ 350- and Global 100-size firms” found average compensation of $1.12 million, a 15% increase over the average in the prior survey conducted in 2020. Seven-figure compensation is nothing to sneeze at, but as with professional sports […]
Lateral Partner Moves to Secondary Markets: An Unprecedented Opportunity
Growth in Biglaw partnerships follows a cyclical pattern. Firms expand their partner ranks rapidly in some years and not at all in others. 2022 was a year for lateral expansion — hardly a surprise considering that client demand remained strong in most practices. The unique feature of this recent expansion wave is where firms grew: 2022 […]
Minding the Gap, Finding the Bridge, and Taking the Longview
The Lateral Link team recently held our company retreat in Las Vegas, and it occurred to me that law firm life can sometimes feel a little like being stuck in a Vegas casino. You are in a place where you can make really big money, but it can require working around the clock, even to […]