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Reply to "Big law layoffs: how long until you landed?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - make sure he's also looking at smaller firms; there are good firms out there picking up biglaw former seniors bc those firms are busy -- however, they don't always use recruiters to hire so they're harder to find. As for bringing in clients, easier said than done at some places. The rate structure is such that most potential clients don't use biglaw firms except for bet the house cases, however when a bet the house case comes along -- chances are that potential client wants a 50 yr old partner, not a 3rd or 7th yr associate; at least that's what's happening on the litigation side. I know certain firms are flexible in fee arrangements but some of the top ones aren't willing to let their seniors take on cases at discounted fees just to land a few clients -- prob. bc they don't want seniors establishing books of business bc then they have to figure out what to do with those seniors whose books may not be huge but large enough for them to "deserve" partnership.[/quote] +1 You can be an excellent lawyer and still have trouble getting access to the name clients as your own.[/quote] +2 Did anyone read the piece in the New Republic about BigLaw recently? One of the main points of the story was associates bringing in business and having it basically "stolen" by a partner. http://www.newrepublic.com/article/113941/big-law-firms-trouble-when-money-dries# [/quote]
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