Legal

TMG’s Take on: the Imminent Threat to Law Firm Revenues

Succession planning has been a relevant, if somewhat disconcerting and avoided, topic for a number of years. […]

By |December 4, 2017|Categories: Legal, TMG's Take|Tags: , , , |
  • blue mccormick logo against white background

TMG’s Take…on the Decline of the Portable Business Model

Law firms sticking to the old “portable business” ratios in evaluating lateral partners find themselves losing ground. […]

By |July 11, 2017|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , , |
  • blue mccormick logo against white background

TMG’s Take…on 4 Reasons Your Firm Isn’t Doing Succession Planning

Retiring Baby Boomers pose big challenges for law firms.  The aging-out of the generation, which began when the first baby boomers turned 65 in 2011, will affect most of Big Law. […]

By |October 18, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , |
  • blue mccormick logo against white background

TMG’s Take…on Lateral Partner Questionnaires

Virtually every law firm we talk to is disappointed with the results of their lateral partner hiring efforts. We often hear about good candidates dropping out of the process and ultimately staying with their current firms. […]

By |July 28, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , , |
  • blue mccormick logo against white background

TMG’s Take…on 2015’s Financial Reports

The largest tier of law firms did not perform financially as well as their smaller counterparts, according to a McCormick Group study of publicly reported financial results for 2015. […]

By |April 22, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , , |
  • blue mccormick logo against white background

TMG’s Take…on “Moneyball” and Lateral Partners

Recently, The American Lawyer caused quite a stir with a recent article, “How to Hire a Home-Run Lateral? Look at Their Stats” indicating that law firms are beginning to use statistical analysis similar to those used in Major League Baseball […]

By |April 15, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , , |
  • blue mccormick logo against white background

TMG’s Take…on Lateral Movement and “Chambers”

An exclusive study conducted by The McCormick Group reveals that fewer Washington, D.C. Chambers-rated lawyers moved in 2015 than in the previous year. […]

By |March 16, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , , |
  • mccormick group logo

TMG’s Take…on Government Relations Talent Acquisition Strategy in the “New World of Influence”

Government affairs and lobbying (the business of influence) is changing. Lobbyists, whether external professionals or in corporate government affairs departments, help their client understand and effectively influence government policy. […]

By |February 4, 2016|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , |
  • mccormick group logo

TMG’s Take…on The AmLaw Rankings

Recently, the American Lawyer’s methodology for its rankings has come under fire from several fronts. […]

By |September 3, 2015|Categories: Articles & Insights, Legal, TMG's Take|Tags: , , |
  • mccormick group logo

TMG’s Take…on Using Data Analytics in Partner Recruiting

By Steve Nelson and Ellen Dougherty Even lawyers are talking about big data, although as usual, the industry is a bit behind other professional services firms. […]