Summertime is often a time of reflection, introspection and planning. It may also be a time for change. It is an excellent time to take stock of your career and consider where you have been and where you are going. What does the future hold for you at your current law firm? Are you achieving the success that you know you are capable of? What and where is your next law firm move? Career transitions may be motivated by many factors but here are some of the signs that suggest it is time to consider a move to a new law firm:
- You have worked hard to bring in new clients at your firm and have achieved success but just cannot seem to get to the next level.
- You have strong client relationships but you are unable to convince your clients to entrust work to other practice groups at your firm.
- Clients push back on your hourly rate but your firm offers little rate flexibility.
- Your firm does not encourage collaboration or cross marketing to secure new work.
- Your compensation does not fairly reflect your revenue generation and other contributions that you make to your law firm.
- You want to achieve better work/life balance but are not sure which law firms really offer a better quality of life.
- You are not sure if there is a real path to partnership and whether the firm will be able to make room for another partner in your practice area.
- You have concerns about whether those that know you best at your firm have sufficient influence to advocate for you and advance your career at your firm.
- You hear about friends who secure secondments at client companies but none of those opportunities are available to you at your firm.
- You are expected to generate new business but there is no training or support from your firm. You are not working on intellectually stimulating matters.
- Your compensation is not in line with the billable hour requirements of your firm.