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September 06, 2024 | Corporate Counsel

Recession Fears Cloud Outlook for In-House Hiring

"It is too difficult for anyone to predict the outcome for the year, but we are optimistic that there will be a place for business-minded lawyers with high emotional intelligence." said John Gilmore, co-founder of BarkerGilmore.
5 minute read
September 04, 2024 | Corporate Counsel

Going Beyond the Gut Check When Hiring

"Trusting your gut" is a litmus test that matters. You should feel good about a new hire. But don't be seduced into simply picking the most charismatic interviewee. Great interviewee does not always translate into great employee.
3 minute read
September 03, 2024 | Corporate Counsel

2024 GC Pay Report: Signing Bonuses Swell in Size as Companies Shy Away From Internal Hires

"If you have to throw millions of dollars at somebody before they start work, and then they start work and it doesn't work out, you are up the creek because you've paid them a lot of money," legal department consultant Jason Winmill said. "Sunk costs are exactly that—sunk."
7 minute read
August 02, 2024 | Corporate Counsel

Hiring that 5th Year Associate for Your Law Department

Again historically, law firm Associates at the highest paying firms routinely left for in-house positions. There has always been a pay disparity. As I've written in this space many times, money is not the #1 motivator when it comes to career moves. Law firm Associates typically leave a law firm because they are incredibly unhappy.
3 minute read
July 24, 2024 | Corporate Counsel

Legal Chief Pay Fell in 2023 for First Time in More Than a Decade

"The need for high-quality legal talent certainly has not decreased. ... However, current rates of compensation do not necessarily reflect that need, creating an opportunity for those companies willing to recognize the value of premier legal talent," according to Major, Lindsey & Africa's 2024 Global In-House Compensation Survey.
4 minute read
July 01, 2024 | Corporate Counsel

Hiring From a Law Firm for an In-House Position? Use Caution

As a recruiter, I don't question the pedigree credentials or skill sets of accomplished law firm attorneys. Nor do I doubt the willingness of many to switch over to law department compensation structures. But is the match a good idea? Skill set and experience are two different things.
3 minute read
June 17, 2024 | Corporate Counsel

Softening Economy Underscores Need for GCs to Have Financial Savvy

"It behooves these top legal advisers to at least have a working knowledge of the important facets of our economy," said Jason Winmill, managing partner of Argopoint.
4 minute read
June 03, 2024 | Corporate Counsel

How to Recognize Relocation Cold Feet: 5 Tips for Employers When Hiring a Nonlocal Candidate

Relocation has become more challenging for companies post-pandemic. Great candidates who became accustomed to hybrid or remote work arrangements are less enthusiastic about uprooting. The degree of difficulty in successfully recruiting non-locals has risen considerably.
3 minute read
May 01, 2024 | Corporate Counsel

Finding Contributor-Level Work as a Truly Senior Counsel

Former GCs and other senior level lawyers are now highly desirable for almost any kind of contract work – both at the high end as Interim General Counsels, but also more commonly in quality worker bee roles.
3 minute read
April 01, 2024 | Corporate Counsel

Tips for Engaging an Executive Coach

In last month's column, I played with ChatGPT to offer a glimpse of how AI will disrupt most aspects of Law World. This month I'm doing the opposite. I asked myself: What is the most human professional niche in Law World? What expertise cannot be replicated by technology and what is the unique value proposition of that expertise?
2 minute read