(Reuters) - Schiff Hardin is stepping into a hot merger market that may put it in competition with other firms feeling pressure to scale up as quickly as possible. The Chicago-based law firm is on the hunt for a merger partner after seeing its ranks...
Big Law firms made sweeping changes to their budgets and work environments after the COVID-19 pandemic emerged that could alter how they do business in the future. The firms made overhead cuts and adopted remote work, which allowed them to boost profits and perform better...
Although law firms managed to end 2020 on a high note despite the pandemic, market dynamics could pose a significant economic challenge to the firms in 2021. Legal observers and leaders have noted with concern that economic pressures — such as rate pressure, cash-strapped clients,...
Open and honest communication between legal recruiters and candidates is essential to identifying and approaching opportunities that match the candidates' specific interests and long-term career goals. For those reasons, candidates should discuss the following with legal recruiters. Reasons for Desiring A Move Legal recruiters need to understand the...
There has never been a better moment for older lawyers to make a lateral partner move. From the COVID crisis to legislation to renewed appreciation by firms, lawyers willing to work into their 60s and beyond need to act quickly and decisively to grasp the...
Partners are increasingly seeking out optimal environments while firms continue to look for growth opportunities. Nevertheless, lateral partner moves that remain successful in the long term require addressing certain critical issues. Here are five useful tips that lateral partners thinking about making a move should...
To achieve personal growth and greater job satisfaction in BigLaw practice, associates must proactively manage their careers and avoid losing opportunities that could lead to better positions. The five questions below will help them make the most of their career. How Long Has It Been Since...
Thorough preparation is crucial to acing a virtual interview. To stand out from other applicants, a candidate must ensure his or her technology is working efficiently, perform due diligence before the meeting, sit down at his or her computer confidently, and be ready to respond...
Attorneys who are a perfect fit for a law firm's culture enjoy greater levels of satisfaction in their work, perform better, and have a higher likelihood of staying with the firm long-term. These benefits make it necessary for an attorney looking for a new law...
Reviewing a job offer is a demanding and most overwhelming experience when an attorney is transitioning from one law firm position to another. Compensation in most law firms consists of a basic salary, end-of-year bonus, and perhaps a 401k match. Cash is a precious asset...