We recently released our 2019 Lawyer Happiness Survey Results and one thing that clearly stands out in both 2018 and 2019 is how unhappy Income Partners (also known as non-equity partners) are. Get your FREE copy of the results HERE. There are many reasons why Income Partners are so unhappy but here are 3 reasons we think Income Partners are so unhappy:
On April 3, 2019, we held our first Nimble Forum on Legal Innovation. We brought in panelists from Denver, New York City, Washington, D.C, Pittsburgh, Minneapolis, Raleigh. and also showcased some of Cleveland’s legal industry experts.
Here are some of the Key Takeaways from our Panelists:
Innovation in the legal industry isn’t limited to just technology. It takes many forms. A recent post by Roy Strom in the American Lawyer titled “Are Lawyers Ready to be Managed by Metrics?” and our April 3rd Nimble Legal Innovation Forum in Cleveland got me thinking about all the different ways innovation is taking hold in the legal industry. There will always be detractors because as Roy Strom wrote the “Legal Industry is painfully slow to adopt major changes, and lawyers often say work can’t be easily categorized or simplified.” The reality is major change is happening right in front of us and if you’re not paying attention you’ll get passed by. Here are 5 forms of Legal Innovation:
A recent Insight post by Rachel Gezerseh entitled “INSIGHT: Big Law Needs to Better Connect With Associate Talent - Cocktail Hours Aren’t Enough” got us thinking about some ways that law firms can improve both their hiring and retention efforts. We recently were interviewed by Columbus Business First regarding what law firms are doing to attract and retain millennials in the article , “Law Firms Focus on Flexibility, Happiness in the Race for Talent”. The author of the article, Laura Newpoff, interviewed us after viewing our 2018 Lawyer Happiness Survey Results, which among other things found that Generation X and Income Partners at law firms were the least content.
Following in the footsteps of other industries, U.S. law firms are finally embracing an agile workforce according to a recent article from the American Lawyer entitled “Amid Concerns Over Lawyer Workloads, U.S. Firms Embrace Agility”. Law firms like Orrick, Hogan Lovells, and Linklaters all have established firm policies aimed at enabling an agile legal workforce.
Here’s what’s trending in the Legal Industry: (1) Best Legal Blog Posts of 2018, (2) Hot Market for Legal Operations, (3) Leveraging Artificial Intelligence, (4) Smart Contracts, (5) 2019 Legal Market Outlook, (6) Underpaying Associates, (7) 20 Most Important Legal Tech Developments of 2018, and more!
The Holidays can be a very stressful time of year from various events to making sure you have gifts for everyone to work demands to kids and their schedules and everything else that puts demands on your time. As the current year winds down it’s important to make sure you set aside time to recharge and take care of yourself. Here are 10 ways to recharge during the Holidays:
Law firm lawyers should spend at least 20% of their time on business development. When working with law firm lawyers on business development coaching and leadership development it has become abundantly clear that while every firm wants their lawyers to be developing new business, there is no target or stake in the ground to guide lawyers on business development expectations.