Articles by Mainspring Legal

  • July Newsletter | 2018

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    The Rundown July has been a busy month for the legal world as firms are rushing to match Milbank’s new $190,000 base salary for first year associates. Associates from non-matching firms are eager to lateral into the new lucrative scale, pressuring firms to match or find other ways to offset…

  • July Market Update

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    The lateral market paralleled the scorching temperatures across the United States in July as partner and associate movement remained robust. Demand for lateral attorneys remains high across the Am Law 200. Overall, Holland & Knight led the partner market by poaching 11 partners and one counsel from Reed Smith to…

  • GC or Bust: Moving Up in the In-house World

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    Back to "In the News" Law.com GC or Bust: Moving Up in the In-house World By Diana Rubin - May 15, 2012 | The National Law JournalAs a legal recruiter specializing in finding lawyers for corporate legal departments, I have found that one qualification top management often insists on in…

  • Danielle Lackey Quoted In Bloomberg Law

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    Back to “In the News” Bloomberg Danielle Lackey Quoted In Bloomberg Law On paper, Danielle Lackey looks like a strong candidate for Big Law partnership — degrees from Brown University and Stanford Law School and excellent recommendations about her legal work. But after four years at Latham & Watkins, Lackey…

  • Lehman, Merrill Will Damage Lawyer's Careers, Survey Says

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    Back to "In the News" Bloomberg Lehman, Merrill Will Damage Lawyer's Careers, Survey Says By Lindsay FortadoSept. 18 (Bloomberg) -- Lehman Brothers Holdings Inc.'s collapse and the sale of Merrill Lynch & Co. to Bank of America Corp. will hurt legal careers, more than half of the New York lawyers…

  • Wall Street Law Firms Face an Uncertain Future

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    Back to "In the News" BusinessWeek Wall Street Law Firms Face an Uncertain Future Until recently, things were a bit too quiet for Mel M. Immergut, chairman of Wall Street law firm Milbank, Tweed, Hadley & McCloy. The yearlong credit crunch had dampened dealmaking, while the litigation and restructuring work…

  • Crain's Profiles Lateral Link's Virtual Office Model

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    Back to "In the News" Crain's Crain's Profiles Lateral Link's Virtual Office Model Nomads shut down offices for goodSave on rent costs as employees work wherever they wantSteve GarmhausenWhen Simon Sinek told friends two years ago that he'd decided to close his company's 2,500-foot office, they assumed the worst.“Everybody thought…

  • The American Lawyer Discusses Lateral Link's Innovative Business Model

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    Back to "In the News" American Lawyer The American Lawyer Discusses Lateral Link's Innovative Business Model Will New Legal Recruiters Succeed With Pay-to-Place Business Model?Zach LoweThe American LawyerJune 19, 2008When Lateral Link launched in the spring of 2006, traditional recruiters criticized the upstart firm for paying $10,000 to each associate…

  • Michael Allen Quoted In The American Lawyer

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    Back to "In the News" American Lawyer Michael Allen Quoted In The American Lawyer New Venture to Focus on Partner PlacementsPosted by Drew CombsIn a combination that brings together a member of the legal recruiting world's old guard with some of the profession's young Turks, Frank Kimball and the principals…

  • Sarah Morris Quoted In Law360

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    Back to "In the News" Law360 Sarah Morris Quoted In Law360 New York (December 2, 2015, 8:12 PM ET) -- Although demand for social media-related legal counsel is growing exponentially and has piqued some BigLaw interest, the practice area remains largely dominated by midsize law firms and boutiques, including one…