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“Let’s Stay in Touch:” The Long Game in Legal Recruiting

A few weeks ago, when I described to a colleague how I’d been talking with a partner for eight years before facilitating his move to a different firm, he was surprised. “Eight years?” he asked. “Isn’t that unusual?” Most legal recruiters would have replied with a...

Lateral Associates Gain Leverage From 2018 Pay Hikes

As Labor Day rolls around and first-year associates embark on their careers at AmLaw 200 firms, it’s an opportune time to reflect on how the salary and bonus increases triggered this summer by Milbank, Tweed, Hadley & McCoy and Cravath, Swaine & Moore will...

Law Firm Partner Options When You’re Not Ready to Retire

Two years ago, when Irell & Manella’s Morgan Chu hit 65, his partners were more than happy to make an exception to the firm’s mandatory retirement policy. After all, Chu's not just an uncontested giant in intellectual property and patent law; he’s also been...