Q: I’m a junior litigation partner at a mid-sized law firm. I have great credentials and trial experience, but no portable book of business. Will I be able to “upgrade” to a big firm as a partner?
A: As I have highlighted in a number of my prior posts, the legal profession is in a state of flux. And the one group that has been affected the most by this turmoil is … the law firm partner. Why? Because the law firms are losing leverage. Because the law firm bottom-line mentality is now in full force. Because job security is gone. Because the book of business is the driving force behind partner leverage, marketability … and peace of mind.
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