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  • Wed, November 15, 2017 2:55 PM | Deleted user

    By: Daniella Isaacson, Esq., Senior Analyst, ALM Intelligence 

    Succession planning, the final and arguably most important piece in the employee lifecycle, is integral to the long-term success of any enterprise. Businesses are not immortal; their continued existence, once created, is far from guaranteed. In the current age of innovation and disruption, planning for the future in the present is more critical than ever.

    This holds true particularly for the legal sector, an industry where individuals, in the form of equity partners, have outsized impacts on the fortunes of their firms. To ensure their organizations’ future, firm leaders must face of a governance structure that traditionally incentivizes short-term profit maximization for individuals at the expense of long-term strategic planning and stability for the firm. Consequently, failure to plan the stewardship of the business and its passing to the next generation puts the future of the firm at great risk.

    Full Article

  • Tue, November 07, 2017 10:59 AM | Deleted user

    By: Debra Cassens Weiss, ABA Law Journal

    Keith Wetmore, former chair and chief executive partner of Morrison & Foerster, is leaving the law firm at the end of the year to join Major, Lindsey & Africa’s San Francisco office as a managing director.

    Wetmore tells Bloomberg Big Law Business that legal recruiting “has actually been something of an escape fantasy for me for years.”

    “I love talking to people about their careers and I love helping partners succeed,” Wetmore tells Bloomberg.

    Wetmore was chairman of Morrison & Foerster for 12 years beginning in 2000, and has served as chairman emeritus since then. He was one of the first openly gay men to lead a large law firm, the Recorder (sub. req.) reports. A press release is here.

    Wetmore will be joining another BigLaw recruit in the San Francisco office—Richard Hsu, formerly an intellectual property practice leader at Shearman & Sterling. Hsu joined Major, Lindsey & Africa in May.

    Full Article

  • Wed, November 01, 2017 10:44 AM | Deleted user

    By: Jeff Kauflin , FORBES 

    For anyone contemplating a career as an attorney, researching law schools is a critical part of the process. And to help with the search, the Princeton Review released its annual list of the best law schools for career prospects. It used several factors to create the ranking, including graduates’ median starting salaries, schools’ employment outcomes and the number of students who pass the bar on their first try. It also incorporated student survey responses, such as how prepared they felt upon graduation. The Princeton Review polled 19,900 students at 169 law schools for the list. Full methodology details are available here.

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  • Fri, October 13, 2017 10:42 AM | Deleted user

    By : Stephanie Ward, ABA Journal

    After recent announcements from various law schools that they will accept the GRE from applicants in addition to the LSAT, an American Bar Association section committee recently made various accreditation standard recommendations (PDF), including doing away with the separate admissions test rule entirely.

    In March, the council of the ABA’s Section of Legal Education and Admissions to the Bar sought notice and comment for a proposed revision to Standard 503—which covers admission tests—that called for the council to establish a process that determines the reliability and validity of other tests besides the LSAT. That’s a change from the current version, which directs law schools using alternate admissions tests to demonstrate that the exams are valid and reliable.

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  • Tue, October 03, 2017 11:54 PM | Dmitriy Galyutin (Administrator)
  • Tue, September 26, 2017 5:13 PM | Deleted user

    By:  Katelyn Polantz, The National Law Journal

    Sean Marotta put on Twitter an open offer to have coffee, thinking that one or two young lawyers in Washington, D.C., might have interest in meeting him, a seventh-year associate in Hogan Lovells’ appellate practice.

    But then the requests multiplied. Marotta, whose Twitter presence is among those central to the #AppellateTwitter online community, ultimately met with 15 summer associates this year from a variety of law programs in the nation’s capital. He would greet them in Hogan Lovells’ concourse, walk them over to a nearby Starbucks and then talk for an hour.

    After two separate summer legal interns with the U.S. Securities and Exchange Commission requested coffees, he upgraded their chat to Shake Shack. After each meeting, the summers posed for selfies with Marotta to prove to their tweeps the power of online connections

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  • Thu, September 21, 2017 10:52 AM | Dmitriy Galyutin (Administrator)

    The American Lawyer

    By: Chris Johnson

    PricewaterhouseCoopers (PwC) is set to launch a law firm in the U.S., a clear sign that the concerted push into legal services by the Big Four accounting firms continues.

    PwC to Launch US Law Firm

  • Wed, September 06, 2017 11:29 AM | Deleted user

    By: Michelle Kim Hall, Contributor, U.S. News & World Report 

    With the new law school application cycle underway, prospective law school students may wonder what admissions committees are looking for from applicants this year. Fortunately, recent data can help applicants gauge what to expect. Here are our predictions for law school application trends in the 2017-2018 submissions cycle.

    Full Article

  • Tue, August 15, 2017 9:56 AM | Deleted user

    By Elizabeth Olson, New York Times

    Law schools, which have been plagued by a shortfall of students in recent years, are changing their admissions requirements.

    Two top-ranked schools — Georgetown University Law Center and Northwestern University Pritzker School of Law — this week joined Harvard Law’s recent move to make it simpler to apply.  Applicants can submit the results of the more widely available Graduate Record Exam, the GRE, instead of those from the Law School Admissions Test, which long has been entrenched as the numeric gauge of law school success.

    Many law schools are casting wider nets to attract students who would not otherwise set their sights on a legal education. The schools hope that by making it easier for the engineers, scientists and mathematicians who typically take only the GRE, more of them will enroll. With the two this week, there are now four law schools, including the University of Arizona James E. Rogers College of Law, that admit students with GRE scores.

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  • Tue, August 01, 2017 5:39 PM | Deleted user

    By: Christine Simmons, New York Law Journal

    Despite perennial complaints among associates about life in Big Law, a combination of rising paychecks, greater attention to associate satisfaction and a more cautious lateral market may be keeping young lawyers at their firms longer.

    On average, 16 percent of associates left their firms in 2016, compared with 20 percent in 2015, according to NALP Foundation data for its Update on Associate Attrition Study.

    That's the lowest attrition rate in the last four years of the study, according to the NALP Foundation, which gathers information on law firm associate departures from firms of all sizes in the United States and Canada.

    Gretta Rusanow, head of advisory services at Citi Private Bank's Law Firm Group, said law firms are repeatedly reporting this year that associate attrition is falling, driven in part by widespread salary increases that were sparked when first-year associate pay at leading New York firms rose by $20,000 to $180,000 last year.

    Full Article

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