Lateral Link’s Post

In the News: Gender-diverse boardrooms reduce leaked deal information, new research suggests 🌟 Discover the latest in the world of Corporate Law! Check out this insightful piece. 💡🌍 Mergers & Acquisitions Research Centre (MARC) study with SS&C Intralinks adds to growing support for female representation in senior leadership positions. 🔗 [Learn more: https://lnkd.in/eZKH7vCk] #Legal #Corporate #Business #Law

The beginning of 2024 saw a solid return of law firm growth through M&A, with 25% more mergers than in 2023, according to Reuters.  When it comes to mergers, whether the acquiring or the acquired firm employs you, these deals bring massive change in the form of new team members, service offerings, and opportunities.  So, how do you curate your career within the newly merged law firm? An excellent first step is to dive deep into your strengths and areas for improvement. As part of our work to enrich the careers of lawyers, our team of qualified Lumina practitioners offer innovative psychometric testing to help candidates better understand themselves at work and in life. Alongside this work, our Director of Talent Acquisition & Delivery, Samantha Knowles, is a certified Personal Development Coach, drawing from her over 30 years of legal search experience working with top-tier legal talent, helping lawyers navigate paths to promotion and growth. If you're working in a recently merged law firm and want support and guidance on curating your career growth, please comment below or email us at lumina@laurencesimons.com. #Acquisition #LawFirm #Lawyer #LaurenceSimons

Talent Intelligence and Acquisitions is paving the way for change in how law firms hire. This nomination is such an exciting moment for our team. See you at Legalweek! #legalinnovation #talentacquisition #legaltech

Want to increase organic growth?   Most law firms rely heavily on inorganic growth from mergers and acquisitions and rate increases.   Organic growth can be increased by enhancing sales.   Join me LIVE on LinkedIn® to hear what some leading #lawfirms are doing to boost organic growth through enhanced client development, client service, and sales programs and efforts.   “Trends in Law Firm Client Development” - LIVE tomorrow, Tuesday, July 2, 2024 at 12 noon ET.   Topics include: 🔹Upgrades in key client programs, 🔹Business/client development/sales training and coaching programs, 🔹Sales roles by event, practice group, industry, or region, and 🔹Emerging new client development-related roles.   If you are interested but can't make the live event, click "Attend" at the link below anyway, because all attendees will automatically receive a link to the recording after the live event ends.   LINK - https://lnkd.in/eaRDQfuD   #innovation in #legalmarketing #businessdevelopment  

If the work isn’t important why are there 400 #attorneys on the team? Hmm weird. It’s ok to talk about the disconnect(s) in the legal field. We SHOULD. So this little hypothetical isn’t so little and actually is not hypothetical. I know of an ongoing #ediscovery project with FOUR HUNDRED contract attorneys on the team. Yet people insist discovery projects aren’t important, “don’t count as legal work,” are “just busy work…” whatever people say these days. Multi billion dollar, multinational companies have FOUR HUNDRED contract attorneys doing busy work on their major mergers and acquisitions? Then the 400 attorneys get penalized for “not having experience” afterwards? Who hires 400 attorneys to do “busy work?” And whose fault is that exactly? Let’s stop derailing peoples’ careers for doing the best they can to get experience and distribute the work so they actually get it. And this doesn’t even begin to get into why I am working on discovery reform. But I hope it’s #upyouraly for now.

In the November edition of Patently Enabled, Day Pitney attorneys Emily Byrnes and Emily Ferriter Russo discuss patent acquisitions and taxes. View below or click here: https://lnkd.in/erebmWmC.   #Patents #Trademark #PatentlyEnabled #IPLaw #PatentLaw #PatentLitigation #PatentProsecution 

With the end of Q1, we are seeing the M&A market grow. 📈 According to recent news "The M&A market has picked up considerably this year - up by 37%." That can only mean one thing: more firms will be looking for #CorporateAssociates in the coming months. If you are interested in getting ahead of the market, reach out to one of our outstanding recruiters to learn about the #AmLaw firms we partner with. Read more here: 🗞 https://lnkd.in/gBKXpzXc And meet our team here: 💻 https://lnkd.in/eVq7gBAq As always, follow us and our recruiters for more legal trends and opportunities. #LegalMarketTrends #LawJobs #MergersAndAcquisitions

With Nearly 'Everyone' In Favor Of This Biglaw Merger, A&O Shearman 'Is Going To Happen' - Above the Law: Allen & Overy and Shearman & Sterling are set to merge and create a new global law firm called A&O Shearman. The combined firm will have 4,000 lawyers, 800 partners, and 49 offices, with a total revenue of $3.4 billion. The partnership vote on the merger will last until October 13, with approval expected. - Artificial Intelligence topics! #ai #artificialintelligence #intelligenzaartificiale

Law firms rely on headcount to stay afloat, but what's the best way to reach those numbers? This week, Fennemore CEO James Goodnow will be on a panel to discuss why the legal industry is buzzing about "merger mania." Many firms are seeking out more attorneys yet aren't considering mergers to meet those goals. This Law.com webcast will feature five industry leaders to dive into this pressing topic. Register for this insightful event here: https://ow.ly/gqzt50R1wjI #MergerMania #LegalTrends #LegalInsights #Law #Fennemore

Our Robert Kamins discussed the overall 2023 decline in U.S. law firm M&A volume with Law360 Pulse’s Aebra Coe, particularly concerning small and medium-sized acquisitions. He highlighted how the trend reflects various factors, such as a desire for larger scale and a shrinking pool of smaller firms. Robert emphasized the scarcity of midsize firms available for acquisition, stating, "It's not like there's a multitude of midsize firms out there to be scooped up." He highlighted a lack of "quality, smaller" firms ready for acquisition in the marketplace or who even wish to be absorbed based on autonomy. For both larger acquirers and emerging growth firms, he expressed, "If firms do a deal, they want it to be a really good deal, one that moves the meter for their organization," he explained. "So people are looking harder at deals and waiting to find the right partners." Nevertheless, despite the overall decline, there was an increase in significant law firm deals in 2023, signaling a growing perceived acknowledgment of cross-marketing and economy of scale benefits associated with larger organizations. The legal industry's merger push evidences larger pack-strength to compete for client projects, invest strategically in technology, overcome challenges, and attract/retain top-tier legal talent. Considering a strategic merger or acquisition? Wonder if your firm is properly positioned to approach and assess acquiror/acquiree opportunities? Talk to Vertex! #lawfirm #acquisition #strategicmerger