Tag Archives: Sako Adajian

AI-Powered Legal Recruitment: Revolutionize Your Law Firm with haistack.ai

Haistack – Law Firm, developed by Michael Heise, in partnership with Lateral Link, Haistack – Law Firm greatly simplifies and enhances the process of sourcing candidates for attorney roles. It also helps firms identify which of their current lawyers are likely to be in high demand in the lateral marketplace, enabling more targeted retention efforts.

Making recruiting and retention more efficient and effective

Traditional mechanisms for sourcing lateral candidates are laborious and slow. Recruiters typically conduct LinkedIn keyword searches and ask contacts in their network to suggest potential candidates. Haistack – Law Firm replaces a process that often takes a couple of weeks with one that requires only a couple of clicks. Firms can manually add jobs, that are not posted publicly, and our AI takes minutes to return a list of best candidates not only for the job but for the firm also. This process would normally take days.

Haistack – Law Firm uses machine learning to identify the best candidates for a specific attorney role. The tool aggregates publicly available attorney, firm, and law firm job data from across the internet and enriches it with proprietary Lateral Link data. The goal is not merely to find candidates who have the necessary seniority in the relevant practice area and geographic market. Rather, Haistack – Law Firm also identifies those likely to be cultural fits by analyzing the profiles of a firm’s current attorneys and highlighting similarities between that current pool and a potential candidate. Where did the candidate go to law school? Did they write for a journal? Did they graduate with honors? Haistack – Law Firm considers factors like these and illustrates specific connections between a candidate and a firm. When recruiters or hiring partners review the Haistack – Law Firm output, they are presented with the estimated strength of fit for each identified candidate and the logic underlying that determination. All these characteristics are badged on a candidate profile and seen by the users of Haistack – Law Firm.

Based on the connections that Haistack – Law Firm highlights, strategies for contacting high-potential candidates who have not yet applied are immediately apparent. A recruiter can turn to a current lawyer at the firm who is connected to a potential candidate both to validate the prediction of a strong match and to help reach out to the candidate and sell them on the role. Not only does Haistack – Law Firm reduce the time to identify candidates, but it also makes the process of cultivating them more efficient and effective.

Haistack – Law firm provides an additional source of insight to assist with retention. Given the tool’s ability to identify external lawyers who would be strong lateral candidates, it equally can determine which members of a firm’s current attorney pool are a likely flight risk, based on compatibility between their profiles and opportunities in the wider marketplace. This early warning will prompt firms to evaluate how much they value at-risk talent, while there is still time for affirmative steps to retain critical team members who are in high demand.

Shorter time to fill vacancies = less foregone profit

Filling vacant attorney roles efficiently makes a substantial difference to a law firm’s profits. As we have previously explored, a single sixth-year associate slot left vacant for 30 days could cost $117,329 in lost profits. The estimated loss escalates to $351,986 if the vacancy remains open for 90 days. With figures like these at stake, the business case for investing in a more efficient recruiting process is obvious.

85% of roles for which Lateral Link is the recruiter are filled within 60 days. With the help of Haistack – Law Firm, we estimate that we can reduce the expected time to fill from 60 days to 50. In the case of a sixth-year associate, this equates to a savings of $39,110.

Let’s imagine a firm with two vacancies: one for a sixth-year associate and another for a fifth-year associate. If we assume that Haistack – Law Firm helps fill these vacancies in 10 days less time than would otherwise be required, the firm will achieve savings of $39,110 (sixth-year) + $37,774 (fifth-year) = $76,884. That savings exceeds the cost of a Haistack – Law firm subscription ($75,000 for up to 5 users).

For law firms, time really is money. Traditional recruitment processes just don’t cut it—especially when your competitors have embraced more sophisticated alternatives. Haistack – Law Firm is the new way to recruit: swift, precise, and effective. Is your firm ready to operate at the forefront of recruitment innovation?

Brown Rudnick’s Camille Vasquez: A Pinnacle in Legal Excellence and a Force Behind Johnny Depp’s Triumph in Depp v. Heard

In a standout episode of “Movers, Shakers & Rainmakers,” co-hosts David Lat and Zach Sandberg engage in a captivating discussion with the esteemed Camille Vasquez. As Partner at Brown Rudnick LLP and Co-chair of the Firm’s Brand & Reputation Management Group, Vasquez’s influence in the legal arena is marked by unwavering excellence. Her journey, a compelling blend of resilience, “earned luck,” and steadfast familial support, offers a revealing portrait of an attorney deeply committed to her craft.

However, it was Vasquez’s instrumental role in the Depp v. Heard trial that thrust her further into the spotlight. As an integral part of Johnny Depp’s defense team, her strategic prowess became unmistakably evident. Her meticulous cross-examination of Amber Heard received widespread acclaim, with many attributing a significant portion of the trial’s outcome to her expert contributions.

For those seeking a more comprehensive exploration of Vasquez’s role in this landmark case and a window into her distinguished career, the full interview awaits. Beyond her impressive legal feats, Vasquez is emblematic of inspiration and leadership within the legal community, epitomizing unparalleled dedication and acumen. Engage with the episode and immerse yourself in the enlightening conversation, and be sure to share this valuable insight with your professional network.

Full Episode:

Episode 52: The Inspiring Career of Brown Rudnick’s Camille Vasquez—Plus Navigating the Spotlight in Depp v. Heard

Movers, Shakers & Rainmakers: A New Legal Industry Podcast

Are you a lawyer? Someone who hires lawyers? Do you care about the latest trends in Biglaw? If so, you should be listening to Movers, Shakers & Rainmakers, a new podcast from Lateral Link. Hosted by Zach Sandberg and David Lat, the podcast provides a coast-to-coast view of what is happening in Biglaw. From major lateral partner moves to intriguing office openings to emerging legal industry trends, the podcast fills you in and lets you know what to expect.

So who are Zach and David, and why should you care what they think?

Zach Sandberg is a Senior Director based in Lateral Link’s Los Angeles office. He focuses on placing attorneys at premier firms and corporations throughout California and the West Coast. With about a decade of experience in legal recruiting, Zach draws on his wide network of law firm sources to gain insight into the latest Biglaw trends.

David Lat likely needs no introduction. A renowned legal industry writer best known for founding Above The Law, David is an alum of Yale Law School, Wachtell, the Department of Justice, and Lateral Link. His latest project is Original Jurisdiction, a Substack newsletter that “aspires to be a source of incisive, fair-minded, and occasionally entertaining commentary about law and the legal profession.” David’s connections within the broader legal industry are second to none.

The hosts typically begin with news about notable lateral moves and office openings, then spend the majority of the episode covering a broader industry trend. For example, in the most recent episode (Episode 5), Zach and David discuss Davis Polk’s lateral hire of Cleary Gottlieb tax partner Corey Goodman and reflect on the retention challenge for Cleary’s lockstep model, versus Davis Polk’s newly more flexible compensation system. They also address the move of a highly-pedigreed five-partner litigation group from Munger Tolles to Wilson Sonsini and discuss Wilson Sonsoni’s opening of a Salt Lake City office. The majority of the episode is devoted to the growing trend of virtual law firms. Noting that a virtual firm, FisherBroyles, recently entered the AmLaw 200 for the first time, the hosts compare the economics of virtual firms to the traditional Biglaw model. They discuss the type of partner for whom the virtual firm model might be most advantageous, the extent to which virtual firms will appeal to associates, and the outlook for continued virtual firm growth.

In Episode 4, Zach and David cover former Delaware Chancellor Andre Bouchard’s decision to join Paul, Weiss as a litigation partner in the Wilmington office, as well as Crowell & Moring’s office opening in Denver. They also talk about the notable uptick in 2021 of cross-border lateral hires of international associates by U.S. Biglaw offices. The hosts explain what is driving that trend, which countries are most favored for cross-border lateral hires, and whether the American Biglaw market is likely to remain open to international associates in the longer term.

Movers, Shakers & Rainmakers has already addressed several timely topics, including Biglaw Office Openings, the Attorney Talent War, and the Future of Work. But the podcast remains a work in progress, by design. Zach and David are actively soliciting feedback from listeners about the topics they should cover. The goal is for the podcast to be as useful and informative as possible. The target audience is busy, and that’s why the hosts decided an audio format would be best. With a run-time around 30 minutes, the idea is to produce a product that busy lawyers can consume while on the go.

If you have suggestions for topics that Movers, Shakers & Rainmakers should cover, please reach out to Zach Sandberg or David Lat, and let them know what you’d like to hear discussed!

For now, a new edition of Movers, Shakers & Rainmakers is being released every two weeks. If you’d like to be notified when a new episode is available, please sign up here.