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Jessica Gangjee, Burns White Jessica Gangjee, Burns White

Lateral hiring continues to be a central strategy in how law firms grow. According to a recent legal-industry transition survey for 2017, more than 95 percent of law firms indicated lateral growth was a key initiative, but it’s a strategy full of risk, unknowns and pitfalls. A tactical lateral integration plan is critical to a lateral’s success, and enables firms to mitigate the risk. But what’s involved? Successful integration is dependent on five key factors: due diligence, onboarding, communication, mentorship and culture. Each plays a critical role in facilitating a smooth transition and retention of top lateral talent.

 

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