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Nov 12, 2024 · 20 Must-Know Legal Acronyms for Effective Client Communication. Across fields, acronyms are used frequently to simplify complex terms and streamline communication. Here’s a list of 20 common legal acronyms used in Nigeria’s legal context, with explanations to help both clients and young lawyers stay on the same page. C, CT, CLI (Client)
- Being A Business Asset
- Law Firm Economics
- Partner Personality
- Selling Yourself
- Special Obstacles
- A Question of Size
In fact, says Eaddy, the path to partnership has changed "fairly significantly" over the past 10 years. Prior to that, most firms in major markets promoted partners who did exceptional work and made themselves assets to clients. Today, that is simply the baseline for consideration of partnership, he says. "Your ability to perform very high quality ...
At Ulmer & Berne LLP, a mid-sized regional firm, partners try to impart the importance of what Inajo Davis Chappell, partner and diversity committee co-chair, calls "law firm economics." Most associates know they typically are paid a salary rather than a percentage of the firm's quarterly or annual business. But they rarely are exposed to the quant...
Young attorneys who ask questions learn the partnership process at their firms. At most law firms, it's the seventh- and/or eighth-year associates who come up for a partnership vote. At many large firms, such as Duane Morris and Kilpatrick Stockton, those associates often are nominated for partner by their department heads. Candidates then are revi...
As Clouatre moved toward his 2003 partnership, he says he "treated each day as a sales transaction." That meant "selling" himself to other attorneys as well as to clients. "Some people think, 'What is the firm going to do for me to help me make partner?' That is a lackadaisical approach," he says. "You have to put yourself in the driver's seat and ...
The partnership track is challenging for any associate, but attorneys of color and women have some special obstacles. One of the biggest is finding a mentor. "As an African American, most of the hurdles were early on in trying to find champions within the firm," says Blacklow of Cleary Gottlieb. "You cannot get through this process without having a...
The attorneys interviewed all indicated that there are advantages and disadvantages to working in either large or small firms. According to Nolan N. Atkinson Jr., a partner since 1991 at Duane Morris, bigger firms offer a greater variety of experiences, cases, and practice areas, more global opportunities, and sometimes more structure. "For any div...
Dec 28, 2023 · Understanding the prototypical law firm hierarchy can be helpful for both attorneys and clients alike. In most law firms, the hierarchy is conceptually set up like a pyramid with the partners –...
Aug 27, 2012 · Of counsel: Many large and mid-size firms have lawyers with the title “of counsel” or “special counsel” which differs from partner or associate. They work for the firm, or are still associated with the firm, perhaps as an independent contractor but are not part of day-to-day structure.
Jul 16, 2024 · An of counsel attorney is essentially a consultant who provides legal advice on a case-by-case basis. They may work with multiple firms or have their practice, but they're not officially a member of the firm they're working with.
Nov 6, 2023 · Under the American Bar Association Formal Opinion 90-357, "of counsel" is an appropriate title for a lawyer with a law firm when “the relationship between the two is a close, regular, personal...
Apr 10, 2024 · Understanding the distinctions between law firm titles is crucial for aspiring lawyers and seasoned professionals alike. This comprehensive guide explores the nuances of three key titles: Associate, Of Counsel, and Partner, providing insights to help you navigate your legal career path with confidence.
