Steptoe announces the launch of their Talent Sponsorship Program, a program designed for diverse associates at the firm to enhance and expand upon the professional development opportunities that all associates receive. The program also aims to ensure that the firm maintains a talented group of diverse attorneys that may potentially advance to senior levels at the firm. Volta Talent Strategies will support the program by providing one-on-one coaching to each participant.
Law360, New York (June 13, 2017, 5:00 PM EDT) -- Over the last decade the number of lateral moves and the investment that firms continue to make in partner hiring have grown exponentially (a 2015 ALM Legal Intelligence Report estimated $1.3 billion in lateral partner compensation alone in 2014). Despite the expenditure, firms active in the lateral market experience unremarkable success rates (around 50 percent, according to various surveys). Therefore, it is hardly surprising that firms are looking for ways to enhance their rates of return on lateral investments.
Law360, New York (June 13, 2017, 12:21 AM EDT) -- Diligence is a fact of life that cannot (and certainly should not) be avoided. In an M&A transaction, the parties understand that a certain degree of diligence will be requested of both parties. Lateral partner recruiting should be no different, but the differences in the nature of legal practice make performing due diligence on candidates more challenging. Unlike an M&A transaction, a candidate’s practice and relationships aren’t summarized in audited financial statements prepared by an independent third party.
Law360, New York (April 4, 2017, 6:52 PM EDT) -- The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue...
Law360, New York (April 5, 2017, 4:57 PM EDT) -- By now, I hope we’ve all looked in the mirror and seen our own reflection as it relates to our respective lateral recruitment efforts. It is, of course, interesting to see the results of a number of the surveys and much of the research done around...
SJL Shannon, a leading legal talent management consultancy, has reimagined its brand and its business future. As of March 27, 2017, SJL Shannon will change its name to Volta Talent Strategies, reflecting the company’s ongoing evolution and growth.
If you are a partner or senior manager, you have likely had the experience of finding an associate standing in your doorway with that sheepish look suggestive of an impending admission. Unfortunately, something has gone terribly wrong.
Partner Nicholas Jelfs-Jelf quoted in Law360.