Lawyers: Understand the Math
I sometimes hear from young (and sometimes not so young) lawyers who do not understand the math that supports their compensation in a law firm. They know that they are unhappy and they believe [...]
The Hireback Rate on Bay Street is Freakishly High
At the largest firms in Toronto, 98 percent of articling students have been hired back This year, the hireback rate on Bay Street reached an all-time peak: 16 of the largest law offices in [...]
Corporate Counsel
PURPOSE OF THE POSITION To provide legal advice to the businesses of ABC Inc. (the “Company”) to ensure protection of the Company’s assets, interests and rights. The Legal Department’s role is to [...]
The In-house Lawyer’s Guide to Job Descriptions
You are a General Counsel or a senior legal counsel and after too many months of filling multiple roles in your legal department and almost as many months making the business case for an increase [...]
How General Counsels Can Help Integrate Lawyers From Private Practice to In-House Counsel
Tom the General Counsel at Acme Co had been petitioning senior management for the past 18 months for the authorization to hire another lawyer in his department. It was clear that Tom was [...]
Maximizing Associate Retention
According to the NALP Foundation , 77% of associates leave firms within the first 5 years of practice, 40% leave within 3 years and 62% leave within 4 years. Conservatively, it will cost a firm [...]