Credit: NDABCREATIVITY/stock.adobe.com New Partner Training Is a Key Component of Law Firm Success
Training new partners helps them develop the necessary skills to become successful attorneys and eventually leaders in their firms. This investment demonstrates the commitment the firm has to the young partner which will reduce attrition and enhance engagement.
October 16, 2023 at 01:39 PM
5 minute read
The annual partner nomination season is fast approaching, prompting law firms to delve into rigorous discussions about suitable candidates. Though the selection criteria may differ across firms, there are universally accepted competencies that influence the decision-making process.
In a recent survey by the Young Partners Accelerator, respondents were asked to rank five core competencies in order of their significance. Predictably, possessing profound legal knowledge and skills secured the top spot with 50% of the vote. Business development skills trailed behind at 22%. Meanwhile, case and matter management received 17% of the votes. Understanding the business of law secured 9%, and leadership skills anchored the list with 2%.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
How I Made Managing Partner: 'Educate Yourself About Law Firm Economics,' Says Gregory Hessinger of Mitchell Silberberg
Law Firms Are 'Struggling' With Partner Pay Segmentation, as Top Rainmakers Bring In More Revenue
5 minute read
How I Made Partner: 'Focus on Being the Best Advocate for Clients,' Says Lauren Reichardt of Cooley
Government Attorneys Face Reassignment, Rescinded Job Offers in First Days of Trump Administration
4 minute readLaw Firms Mentioned
Trending Stories
- 1After Botched Landing of United Airlines Boeing 767, Unlikely Plaintiff Sues Carrier
- 2DOT Moves to Roll Back Emissions Rules, Eliminate DEI Programs
- 3No Injury: Despite Proven Claims, Antitrust Suit Fails
- 4Miami-Dade Litigation Over $1.7 Million Brazilian Sugar Deal Faces Turning Point
- 5Trump Ordered by UK Court to Pay Legal Bill Within 28 Days
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
