One statistic in a recent Passle survey really stood out to me: 100 percent of firms surveyed reported struggling to transfer the book of business from an incoming lateral partner.
How to Strategically Announce Your Law Firm Lateral Hire
When a law firm brings on a lateral hire, announcing their arrival is a critical step to help set them up for success. But what’s equally important is the groundwork laid before the announcement, ensuring the new hire’s successful integration and immediate impact. This article explores key strategies law firms should employ in preparation for announcing a lateral hire.
How to Successfully Launch a New Practice Area With a Lateral Lawyer Hire
Successfully launching a new practice in a law firm with a new lateral hire requires a mix of strategic planning, clear communication, marketing and proper integration of the new hire into the firm’s culture. Here are some key steps to ensure your lateral hire and their new practice is successful at your firm.