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Lawyers’ Mental Health Remains In Crisis, But Awareness Is Growing
WebThe proportion of respondents who agreed that their “workplace is a safe environment to raise concerns about mental health and substance abuse” has risen from 40% in 2019 to 45% in 2022. Still far too low, but at least moving in the right direction. The survey also indicates that more firms are taking tangible action to provide more
Actived: 9 days ago
URL: https://laterallink.com/lawyers-mental-health-remains-in-crisis-but-awareness-is-growing/
Managing Stress As A Lawyer
WebIt’s no secret that lawyers are stressed out, anxious, and struggling with mental health. In the 2022 ALM survey on Mental Health and Substance Abuse, 35% of respondents said they felt depressed, two-thirds reported having anxiety, 64% said their relationships have suffered due to their work, and a whopping 75% admitted that the profession has had a …
Lawyer Mental Health Crisis: Unveiling 2023 Data, Trends, and …
WebDelve into the staggering rise of mental health issues in the legal profession based on 2023 data. Discover emerging trends and learn about essential resources that can support lawyers in building healthier career paths amidst the …
Introducing Lateral Link’s Newest Team Members
Web1. Melissa Cohen (Atlanta). Melissa specializes in placing general counsels, other in-house lawyers, and equity partners, domestically and internationally. Like many of Lateral Link’s consultants, she is a former practicing lawyer and a seasoned legal recruiter, with a track record of success in both Australia and the United States.
Mental Health Archives
WebIt’s hardly news to say that the collective mental health of the legal profession is under severe strain. The results of the recent ALM Intelligence 2022 Mental Health and Substance Abuse Survey confirm what has long been true: the situation remains grave.
What’s Behind The AmLaw 200 Numbers
WebAssociate losses are less indicative of firm health and can easily fluctuate based on business cycles and other unforeseen circumstances. Unless a firm is purposefully growing, there will generally be a net loss of associates every year as firms make space to accommodate incoming first years and as non-track senior associates seek partnership …
7 Key Factors to Consider When Choosing a Law Firm: A …
WebThe legal industry has evolved significantly, and selecting the right law firm requires careful consideration of various factors. In this comprehensive guide, we present an updated and detailed analysis of the 7 key factors to consider when choosing a law firm in the competitive legal and recruiting market, supported by relevant data and statistics to help you make …
Record-High Demand for Environmental Attorneys
WebRobust demand for environmental attorneys is enabling lawyers with experience in this field to make impressive lateral moves, either to more prestigious firms or to higher-ranked environmental practices. Lateral Link has experience placing environmental attorneys across the top practices in the field. We are happy to offer our advice about your
Why In-House Legal Departments Should Use More Contract …
WebA good time for a company to bring in elite contract attorneys is during the start-up period. Bringing in a highly skilled contract attorney, perhaps on a part-time or interim basis, is a cost-effective way for a start-up company to have access to the services of a GC-level counsel before it is ready to make its first full-time permanent legal hire.
Is it Better to Be an Equity Partner or Non-Equity Partner
WebThe equity partners of a growing and profitable firm can expect to take home an outsized share of the financial rewards. Holding equity also gives a partner a stronger voice in firm governance in the form of voting rights. Voting rights and partner compensation are often closely connected. For example, one factor that contributes to the equity
Navigating Compensation Trends in 2023: Ensuring Fair Pay in the …
WebTo accurately assess whether you are underpaid, it is imperative to comprehend the existing compensation landscape for legal professionals. In 2023, Biglaw firms have persistently elevated associate salaries, with first-year associates now receiving a market standard of $215,000. This rising trend encompasses all seniority levels, with eighth
Minding the Gap, Finding the Bridge, and Taking the Longview
WebThe Lateral Link team held a retreat in Las Vegas recently, and it occurred to me that law firm life—during the rough periods—can feel a little like being stuck in a Vegas casino. You’re working around the clock, to the point where you aren’t even sure what time of day or night it is. Eventually, you may start to feel an overwhelming desire to escape, to get …
DC Law Firms in the Time of Coronavirus: The State of the Legal …
WebExactly one month ago, Elizabeth Warren ended her presidential campaign, the number of Coronavirus cases worldwide climbed toward 100,000, and economists expected the U.S. jobs report to show another month of strong hiring.
Category: Coronavirus Go Health
Biglaw Compensation Trends: Milbank Pioneers with Associate …
WebIn a landscape of cautious optimism within Biglaw, Milbank has announced an increase in first-year associate salaries to $225,000, setting a new benchmark in legal compensation. This move reflects a confident outlook for 2024, despite the previous year’s volatility in client demand and transactional work. The adjustment, which represents a
Are You Working for a Laggard Firm
WebIn our laggard watch, we have to give a special shoutout to Sullivan & Cromwell, the second-highest ranked firm by RPL, after Wachtell. With RPL approaching $2 million in 2020, there is no doubt that SullCrom can afford to pay the new Cravath scale.
11 Questions to Ask During Your Legal Interview
WebThis question displays initiative and demonstrates that you are interested in how the firm’s workflow. It demonstrates that you are passionate about the legal field, various areas of law, the complexity of cases and the level of authority you might be given as an associate. It will also help you decipher the type of cases or transactions that
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