Law firms use partner comp models to share profits among partners. The four main compensation models in Illinois are profit-sharing, lockstep, merit-based, and formula-based. As a young attorney or associate intending to rise to a partner, you must find firms with compensation models that align with your career goals. You should also consider a firm that pays market-value salaries and whose model aligns with its goal, mission, and values.
Mid-level associates are the hottest commodity in Illinois because of the niche they occupy in today’s legal market. They are more e...
Young attorneys considering a career path in the legal sector should evaluate the pros and cons of in-house vs. BigLaw. BigLaw attor...
Before leaving your law firm, you must first review and address legal agreements you entered. You must also notify the firm and your...
It’s time to make a lateral move when you experience dissatisfaction in your current legal position. Signs you’re ready for a new le...
Top law firms evaluate talent beyond a candidate’s law school. They search for attorney candidates who’ve excelled in their classes ...
Law firms struggle to find qualified associates because of high competition for top talents, an increasingly limited pool of qualifi...
Essential tech skills for lawyers include proficiency in virtual communication, data analysis, online legal research, and case manag...
Knowing why employers ghost attorney candidates in Chicago, Illinois, can help you manage your expectations and focus on acing your ...
All law firms hire associate attorneys, including large, midsize, small firms, and even solo practitioners. However, large firms sup...