What is a lateral partner bonus?

What is a lateral partner bonus?

The term “lateral partner bonus” is somewhat of a misnomer in the legal world, yet it comes up quite a bit in discussions and research into the process. So, in this post, I’ll explain the concept of lateral partner bonuses and delve into lateral...
What Is a Lateral Partner in a Law Firm?

What Is a Lateral Partner in a Law Firm?

Lateral partner hiring has accelerated rapidly in recent years. In fact, lateral partner recruitment is now one of the primary growth avenues for major law firms nationwide. But what exactly IS a “lateral partner?” (And do I qualify?) A lateral partner is an...
Rainmaker Compensation: What You Deserve

Rainmaker Compensation: What You Deserve

It’s that time of year again: the holidays are approaching… and so are year-end compensation meetings at law firms.Will your pay properly reflect your rainmaking contributions this year?Some firms tie partner compensation to overall firm performance, regardless of...