The Thomson Reuters Institute’s Law Firm COO & CFO Forum is the premier gathering of eponymous title holders, executive brethren, and esteemed industry partners for three days of peer-driven conversation on the business of law. Each year, our content offers concise, pithy, and compelling insights for law firm leaders at both large and small organizations. The following presentation occurred during Day Three of our annual meeting.
An important consequence of the COVID-19 pandemic is the impact on the normal cadence—indeed parameters—of law firm recruitment efforts and employee assessment across the Am Law 200. On the one hand, opportunistic firms are taking advantage of COVID-19-induced salary cuts to sell greener pastures to lateral talent and entire practice groups. On the other hand, the unprecedented and largely unique nature of the pandemic portends a fundamental shift in what firms look for when evaluating core skill sets in prospective and current employees a shift realized in part by the struggle to evaluate employee performance amidst almost exclusively remote work arrangements. This conversation offers an important philosophical and practical exploration of changes to law firm hiring proclivities amidst the new frontiers of talent acquisition and talent management.
Michael Ellenhorn, Founder and CEO, Decipher
Nick Bruch, Lead Strategic Analyst, Legal and Tax, EY
Mary Jackson, Chief Officer, Professional Resources, Blake, Cassels & Graydon LLP
Sue Manch, Chief Talent Officer, Winston & Strawn LLP
John E. Yoshimura, Chief Operating Officer, McDermott Will & Emery
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