How Law Firms Evaluate Candidates Holistically
In the world of lateral attorney hiring, what truly separates the attorneys who receive multiple offers from those who merely get interviews? The answer might surprise you and it extends well beyond what’s visible on a resume. In the current competitive legal landscape, law school prestige and class rank remain critical foundations in the hiring […]
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 […]
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 […]
Maximizing Law Firm Profits: The Impact of Expert Legal Recruitment Strategies
Recognizing the pivotal role of legal recruiters is a game-changing strategy for law firms. No longer just an operational necessity, we at Lateral Link understand that our role as legal recruiters makes us profit-making catalysts. Our value in increasing productivity, lowering turnover, and elevating customer service underscores our critical role in boosting a law firm’s […]
Navigating Compensation Trends in 2023: Ensuring Fair Pay in the Legal Sector
Over the past decade, the legal industry has undergone substantial transformations, prompting law firms and in-house legal departments to continually adjust their compensation strategies to attract and retain top talent. In 2023, evaluating whether you are underpaid is more crucial than ever, given the salary increments, shifts in bonus structures, and the emergence of new […]