Legal

Legal

Legal Jobs Currently Available

Product Counsel - Global Specialty Insurance Company

A global specialty Insurance Carrier is seeking an Attorney to join their team and support the development of a broad range of products across multiple lines. This individual will be joining a lean team with high visibility across a quickly growing business, liaising directly with senior leadership, compliance, and more. Responsibilities: Draft, negotiate, and review policy language; ensure policy wordings are compliant with both internal standards and external regulations, laws, etc. Act as a subject-matter expert and advise cross-functional business units on all coverage matters; support underwriters, compliance, claims, underwriting, IT, and more. Remain updated on developments in the regulatory landscape and advise the business accordingly. Navigate Insurance regulations across all 50 states and prepare necessary regulatory filings in a timely manner Qualifications: JD or equivalent and admittance to any state bar 4+ YOE of experience within the insurance industry drafting commercial agreements and products; familiarity with contract language and ability to navigate potential issues Deep understanding of all commercial lines; P&C, GL, Auto, Umbrella/Excess, etc. Strong analytical, organizational, and communication skills This position is open to candidates in New York City, NY; Jersey City, NJ; Hartford, CT; St. Paul, Minnesota. If you'd like to learn more about the role, please do not hesitate to apply directly or reach out .

US$140000 - US$180000 per annum
New York
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40 Act Attorney - Premier Asset Manager

A Premier Asset Manager handling more than $15Billion in AUM is seeking to bring on an experienced 40 Act Attorney to join their dynamic team. The ideal candidate has significant experience with the Investment Company Act of 1940, fund documentation structuring, and a variety of other applicable compliance and regulatory matters. Key Responsibilities: Draft, and negotiate registration statements for a variety of product launches in relation to fund registration documents Work closely with several business lines on registration statement amendments, supplements, proxy statements, and listing applications Mitigate interactions between regulatory agencies and other compliance organizations Requirements: Juris Doctor (JD) from an Accredited Law School 3+ years of experience working with the Investment Company Act of 1940 Strong understanding of a variety of related Securities Acts Ability to draft, and negotiate applicable closed-end fund documents, mutual fund documents Understanding of ETF's preferred If you or anyone you know is at all interested, please apply directly or reach out

US$240000 - US$280000 per annum + bonus, health, 401k
Chicago
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Counsel, Trade Finance - Leading Global Bank

A Premier Global Bank is seeking to hire a Trade Finance Attorney to join their dynamic team. Ideal candidate will provide expert legal advice on trade finance transactions, ensuring compliance with international and domestic regulations and policices. Key Responsibilies: Advise on legal aspects of trade finance products, including letters of credit, guarantees, and documentary collections Draft and negotiate contracts and agreements related to trade finance transactions Collaborate with internal stakeholders, including risk management and compliance teams Stay updated on relevant laws and regulations affecting trade finance Qualifications: Juris Doctor (JD) from an accredited law school 4+ years of experience in related matters, Big Law Experience preferred Strong Understanding of Core Trade Matters such as trade governance, cross-border methods, export agency, syndicated lending, supply chain finance, etc... If you or anyone you know is at all interested, please apply directly or reach out

US$220000 - US$260000 per annum
New York
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Trust & Estates Tax Counsel

A prestigious RIA with a focus on financial planning, investment advice and asset management services to individuals and institutions is seeking a Trust & Estate Tax Counsel to join their team in New Jersey. There is an immediate need to bring somebody on as the company's continued growth has led to an increased need for support to their financial advising teams. Responsibilities of the Trust & Estate Tax Counsel: Play a key role in developing departmental content for the company's website and authoring white papers on tax and financial planning. Collaborate with Financial Advisors and their teams to design and implement comprehensive financial and estate plans for high-net-worth clients. Support Financial Advisors throughout the financial and tax planning process, integrating products where appropriate. Analyze estate and business documents (including Wills, Trusts, Shareholder Agreements, Entity Operating Agreements, Charitable Trusts, etc.) and tax returns (such as income, gift, and estate returns), and create executive summaries with commentary. Review current asset titling Provide income tax strategies and analysis for entrepreneurs and business owners, recommending qualified retirement plans and deferred compensation plans. Research legal and tax issues, discussing them with clients' tax and legal counsel to build a consensus on the best course of action Serve as a broad-based internal consultant to Financial Advisors, answering financial and tax-related questions. Provide internal training for Financial Advisors and their staff and participate in recruiting efforts on behalf of the firm. 3 days a week in office Qualifications of the Trust & Estate Tax Counsel: 2+ years of experience at a law firm, financial services organization, or accounting firm JD, Accredited Law School Familiarity with tax planning strategies Master of Law in Taxation preferred Ability to meet with and present strategies to Financial Advisors and clients in a fast paced environment If you find this ad relevant to your experience and skills please apply, if not feel free to pass it around to anyone in your network that may be interested.

US$150000 - US$190000 per annum
New Jersey
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Trust & Estates Tax Counsel

A prestigious RIA with a focus on financial planning, investment advice and asset management services to individuals and institutions is seeking a Trust & Estate Tax Counsel to join their team in New Jersey. There is an immediate need to bring somebody on as the company's continued growth has led to an increased need for support to their financial advising teams. Responsibilities of the Trust & Estate Tax Counsel: Play a key role in developing departmental content for the company's website and authoring white papers on tax and financial planning. Collaborate with Financial Advisors and their teams to design and implement comprehensive financial and estate plans for high-net-worth clients. Support Financial Advisors throughout the financial and tax planning process, integrating products where appropriate. Analyze estate and business documents (including Wills, Trusts, Shareholder Agreements, Entity Operating Agreements, Charitable Trusts, etc.) and tax returns (such as income, gift, and estate returns), and create executive summaries with commentary. Review current asset titling Provide income tax strategies and analysis for entrepreneurs and business owners, recommending qualified retirement plans and deferred compensation plans. Research legal and tax issues, discussing them with clients' tax and legal counsel to build a consensus on the best course of action Serve as a broad-based internal consultant to Financial Advisors, answering financial and tax-related questions. Provide internal training for Financial Advisors and their staff and participate in recruiting efforts on behalf of the firm. 3 days a week in office Qualifications of the Trust & Estate Tax Attorney: 2+ years of experience at a law firm, financial services organization, or accounting firm JD, Accredited Law School Familiarity with tax planning strategies Master of Law in Taxation preferred Ability to meet with and present strategies to Financial Advisors and clients in a fast paced environment If you find this ad relevant to your experience and skills please apply, if not feel free to pass it around to anyone in your network that may be interested.

US$150000 - US$190000 per annum
New Jersey
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Immigration Attorney

We have partnered with a rapidly growing law firm specializing in family law immigration within the DMV area. Their firm is dedicated to providing legal services to individuals and families navigating the complexities of U.S. immigration law. The ideal candidate will have a strong background in U.S. family law immigration, excellent communication skills, and a dedication to helping clients achieve their immigration goals. Responsibilities: Represent clients before USCIS (United States Citizenship & Immigration Services), EOIR (Executive Office for Immigration Review) offices Manage cases related to family-based visa petitions such as I-130s/I-485s Provide legal counsel on issues such as deportation defense, waivers, and other family-based immigration matters. Communicate effectively with clients Qualifications: At least 1 year of experience with immigration law Strong knowledge of U.S. immigration laws, regulations, and procedures. JD from an accredited university Fluent in Spanish Active license to practice law Location: Baltimore, Maryland Compensation: Base: $85k - $100k Bonus: Monthly commission & annual performance bonus (up to $25k) Please do not hesitate to apply and we will contact you for a discussion of the full detail of the role.

US$85000 - US$100000 per annum
Washington
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Corporate Transactions Attorney - Pittsburgh

A highly reputable client in Pittsburgh is looking to hire a experienced attorney with a minimum of 4-8 years of experience to join the team. The ideal candidate will have extensive experience in the preparation and negotiation of a broad range of corporate and transactional documents, including: entity formation and governance documents, operating agreements, supply agreements, purchase agreements, compliance documents, merger and acquisition (M&A) documents. Key Responsibilities: Prepare, draft, and negotiate corporate and transactional documents Advise clients on a variety of business transactions, including M&A, corporate governance, and compliance matters Cultivate and maintain client relationships, ensuring effective communication and a high level of client satisfaction Collaborate with colleagues across practice areas to deliver comprehensive legal solutions Qualifications: Minimum of 4-8 years of relevant corporate and transactional law experience Strong business development skills are a plus Exceptional attention to detail and solid work ethic Excellent interpersonal and communication skills Ability to thrive in a collaborative, team-oriented environment Strong academic credentials required ***Juris Doctor Required***

US$200000 - US$230000 per annum
Pittsburgh
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Labor & Employment Associate

Our client is looking to bring on an experienced L&E attorney to their Miami, FL office. This opportunity sits in a hybrid setting and provides opportunity for growth and development in the role. Responsibilities: - Represent clients in employment-related lawsuits, including wrongful termination, discrimination, retaliation, harassment, wage and hour disputes, and class actions. Handle discovery, depositions, motions, and other aspects of the litigation process. - Provide practical legal advice to clients on a wide range of employment issues, including hiring, discipline, terminations, employee leave, wage and hour compliance, employee classification, and more. Draft policies and procedures to ensure compliance with federal, state, and local laws. - Conduct internal investigations related to employee complaints, harassment, discrimination, and misconduct. Prepare detailed reports and recommend corrective actions or solutions. - Advise clients on compliance with federal, state, and local employment laws, including Title VII, FMLA, ADA, FLSA, and others. Assist clients in maintaining legal compliance in areas such as workplace safety, labor laws, and employee benefits. - Assist with the development and delivery of training programs for client leadership and HR teams on topics such as harassment prevention, employee rights, workplace policies, and best practices. - Represent clients before governmental agencies, such as the Equal Employment Opportunity Commission (EEOC), Department of Labor (DOL), and state labor boards. Respond to charges of discrimination, wage and hour audits, and other regulatory inquiries. - Draft and review employment-related documents, including employment contracts, non-compete agreements, employee handbooks, separation agreements, and settlement agreements. - Collaborate with senior attorneys on complex matters, case strategy, and long-term client goals. Take on increased responsibility in managing client relationships and providing proactive legal counsel. Qualifications: - Education: J.D. from an accredited law school. Bar Admission: Active member of the State Bar in Florida (or eligibility to waive in, if applicable). Experience: Minimum of 2-7 years of experience in labor and employment law, including experience with employment litigation, compliance counseling, and workplace investigations. Experience with class actions or multi-plaintiff litigation is a plus. Preferred Qualifications: Experience representing clients before regulatory agencies (e.g., EEOC, DOL, state labor boards). Experience working on union-related issues, collective bargaining agreements, or labor disputes. Familiarity with executive compensation, employee benefits, and wage-and-hour laws. Interest in contributing to firm business development and marketing efforts.

US$160000 - US$200000 per annum
San Francisco
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Labor & Employment Associate

Our client is looking to bring on an experienced L&E attorney to their Miami, FL office. This opportunity sits in a hybrid setting and provides opportunity for growth and development in the role. Responsibilities: - Represent clients in employment-related lawsuits, including wrongful termination, discrimination, retaliation, harassment, wage and hour disputes, and class actions. Handle discovery, depositions, motions, and other aspects of the litigation process. - Provide practical legal advice to clients on a wide range of employment issues, including hiring, discipline, terminations, employee leave, wage and hour compliance, employee classification, and more. Draft policies and procedures to ensure compliance with federal, state, and local laws. - Conduct internal investigations related to employee complaints, harassment, discrimination, and misconduct. Prepare detailed reports and recommend corrective actions or solutions. - Advise clients on compliance with federal, state, and local employment laws, including Title VII, FMLA, ADA, FLSA, and others. Assist clients in maintaining legal compliance in areas such as workplace safety, labor laws, and employee benefits. - Assist with the development and delivery of training programs for client leadership and HR teams on topics such as harassment prevention, employee rights, workplace policies, and best practices. - Represent clients before governmental agencies, such as the Equal Employment Opportunity Commission (EEOC), Department of Labor (DOL), and state labor boards. Respond to charges of discrimination, wage and hour audits, and other regulatory inquiries. - Draft and review employment-related documents, including employment contracts, non-compete agreements, employee handbooks, separation agreements, and settlement agreements. - Collaborate with senior attorneys on complex matters, case strategy, and long-term client goals. Take on increased responsibility in managing client relationships and providing proactive legal counsel. Qualifications: - Education: J.D. from an accredited law school. Bar Admission: Active member of the State Bar in Florida (or eligibility to waive in, if applicable). Experience: Minimum of 2-7 years of experience in labor and employment law, including experience with employment litigation, compliance counseling, and workplace investigations. Experience with class actions or multi-plaintiff litigation is a plus. Preferred Qualifications: Experience representing clients before regulatory agencies (e.g., EEOC, DOL, state labor boards). Experience working on union-related issues, collective bargaining agreements, or labor disputes. Familiarity with executive compensation, employee benefits, and wage-and-hour laws. Interest in contributing to firm business development and marketing efforts.

US$160000 - US$200000 per annum
San Francisco
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Employment Litigation Associate

Job Summary: Our client is currently seeking an experienced Litigation Attorney to join our dynamic team. The ideal candidate will have a minimum 5-8 years of experience handling a wide range of litigation matters with a specific interest in labor and employment. The successful candidate will play a key role in managing cases from inception through trial, working closely with partners, clients, and other professionals to deliver outstanding results. Responsibilities: - Manage a diverse caseload of complex litigation matters, including preparing and filing pleadings, motions, and discovery documents. - Represent clients in court hearings, depositions, mediations, arbitrations, and trials. - Provide legal counsel to clients on litigation strategies, case evaluation, and settlement options. - Collaborate with partners and senior attorneys to develop case strategies and coordinate with experts, witnesses, and other stakeholders. - Draft and review legal documents such as complaints, answers, motions, discovery requests, and settlement agreements. - Conduct legal research and stay current on changes in relevant laws and regulations. - Negotiate settlements and resolve disputes efficiently to achieve favorable outcomes for clients. - Mentor and supervise junior attorneys and paralegals, providing guidance and professional development. - Maintain positive client relationships through regular communication and high-quality legal service. Qualifications: - Juris Doctor (JD) from an accredited law school. - Admission to the Ohio State Bar and in good standing. - Minimum of 5-8 years of litigation experience, with a strong focus on civil, commercial, and/or employment law. - Proven experience handling cases from start to finish, including motion practice, discovery, depositions, and trial. - Previous experience in a law firm or corporate setting. Please apply in if you believe this position applies to you!

US$200000 - US$250000 per annum
San Francisco
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Associate General Counsel-Retirement Investment Firm

A well-established Retirement Investment Firm with $2.5 billion AUM is seeking an Associate General Counsel to join their legal department in New York City. There is an immediate need to bring somebody on board to serve as the #2 to work directly with the CLO, working on a variety of corporate and commercial in-house counsel matters and the ability to take on generalist in-house work with visibility across multiple business verticals. Qualifications of the Associate General Counsel: JD, Accredited Law School 8+ years' experience coming from private practice or an in-house corporate department Lead complex and fast paced transactional matters, including legal due diligence Negotiate, interpret, draft and review a variety of transactional agreements, including subscription agreements, disclosure and offering documents, joint venture agreements, non-disclosure agreements, service agreements, investment management agreements, and technology agreements Maintain and update contract templates Work on ad-hoc legal projects Assist with corporate governance Collaborate across departments and coordinate efforts of business teams Advise business stakeholders on legal and regulatory matters associated with the firm Experience with employee benefits or retirement planning preferred 3 days a week in office If you find this ad relevant to your experience and skills please apply, if not feel free to pass it around to anyone in your network that may be interested.

US$200000 - US$230000 per annum
New York
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Senior Legal Counsel

Our Client is a Pharmaceutical Manufacturer of household medicines dedicated to providing innovative treatments to patients. The Company is looking for a highly skilled and experienced Legal Counsel to join its growing in-house legal team and this is an exciting opportunity to provide legal counsel on a wide range of matters that will contribute to Company's growth as they expand into different therapeutics areas and products. The ideal candidate will have a strong transactional background and will provide general legal advisory to support its corporate and commercial activities. In this role, you will provide strategic legal guidance to senior management, business units, and other key stakeholders across a wide range of legal matters. Key Responsibilities: Review, draft, and negotiate a variety of commercial contracts, including development agreements, manufacturing agreements, supply agreements, distribution agreements, licensing agreements, R&D agreements, NDAs, procurement agreements and collaboration agreements. Regulatory Compliance: Ensure compliance with applicable laws and regulations, including those related to the pharmaceutical industry,such as fraud and abuse (e.g., Anti-Kickback Statute, False Claims Act, Anti-Trust) and FDA regulatory matters. Internal Stakeholder Collaboration: Work closely with senior management, finance, and business development teams to provide timely and effective legal support on strategic initiatives and day-to-day operational matters. Qualifications & Experience: Law degree from an accredited institution. At least 5 years of experience in a corporate legal role, with a focus on commercial and corporate contracts. Experience within the pharmaceutical/life sciences or healthcare industry is required. IP Litigation experience highly preferred. Knowledge of regulatory issues relevant to the pharmaceutical industry (e.g. Fraud and Abuse laws).

Negotiable
New Jersey
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The Benefits of Working with a Legal Talent Partner vs. a Legal Recruiter  Image
Hiring Advice

The Benefits of Working with a Legal Talent Partner vs. a Legal Recruiter

In today's legal landscape, professionals often seek assistance when navigating career transitions or looking for new talent. Two common avenues for this support are legal recruiters and legal talent partners. While both offer valuable services, understanding the distinctions between them can empower legal professionals to make informed hiring and career decisions. Let’slook into the benefits of working with a legal recruiter versus a legal talent partner.Understanding Legal RecruitersLegal recruiters specialize in connecting legal professionals with job opportunities that align with their skills, experience, and career objectives. These professionals typically work for recruitment agencies or firms dedicated to legal placements. Here are some key benefits of working with a legal recruiter:Industry Expertise: Legal recruiters possess extensive knowledge of the legal market, including trends, demand for specific skills, and emerging opportunities. Their insider insights can provide candidates with a competitive advantage when seeking new positions.Tailored Job Matching: Legal recruiters take the time to understand candidates' backgrounds, preferences, and career aspirations. By leveraging this information, they can match candidates with positions that offer the right cultural fit, advancement opportunities, and compensation packages.Access to Exclusive Opportunities: Legal recruiters often have access to job openings that are not publicly advertised. These exclusive opportunities may arise through their established networks and relationships with law firms, corporations, and other legal entities.Streamlined Application Process: Working with a legal recruiter can streamline the job application process. Recruiters handle tasks such as resume review, interview coordination, and negotiation on behalf of candidates, saving them time and effort.Career Guidance and Support: Legal recruiters offer personalized career guidance, helping candidates navigate various career paths, negotiate offers, and make informed decisions about their professional futures.Understanding Legal Talent PartnersLegal talent partners, also known as legal talent management consultants or advisors, often offer a broader range of services beyond traditional recruitment. These professionals focus on strategic talent management and development within legal organizations. Here are some benefits of working with a legal talent partner:Talent Acquisition Strategy: Legal talent partners collaborate with organizations to develop comprehensive talent acquisition strategies aligned with their business objectives. This may include identifying key hiring needs, assessing current talent gaps, and implementing targeted recruitment initiatives.Succession Planning and Talent Development: Legal talent partners assist organizations in succession planning and talent development efforts. They help identify high-potential individuals, design training programs, and facilitate career progression pathways to nurture talent from within.Diversity and Inclusion Initiatives: Legal talent partners play a crucial role in promoting diversity and inclusion within legal organizations. They advise on strategies adopted by competitors to attract talent, implement inclusive hiring practices, and advise on fostering a culture of belonging to retain talent.Employer Branding and Reputation Management: Legal talent partners work on enhancing an organization's employer brand and reputation within the legal community. They help craft compelling employer value propositions, showcase the organization's culture and values, and attract top talent through targeted branding efforts.Market Intelligence and Benchmarking: Legal talent partners provide organizations with valuable market intelligence and benchmarking data. This includes salary surveys, competitor analysis, and industry trends, enabling organizations to make informed decisions about talent acquisition and retention strategies.Both legal recruiters and legal talent partners offer valuable services to legal professionals and organizations alike. While legal recruiters focus primarily on individual job placements, legal talent partners take a more strategic approach to talent management within organizations. Understanding the nuances between these roles can help legal professionals make informed decisions about their career paths and organizations optimize their talent strategies for long-term success. Whether seeking new opportunities or strengthening organizational capabilities, partnering with the right talent expert can be a game-changer in navigating the legal landscape.Partnering with Legal Talent PartnerLarson Maddox offers a comprehensive suite of services tailored to meet the needs of both legal professionals and organizations, going beyond the traditional role of a talent partner. With a commitment to excellence and a deep understanding of the legal space, Larson Maddox provides unparalleled support for career transitions, talent acquisition, and strategic talent management.Looking to take the next step in your legal career?For legal professionals seeking to take the next step, look at the current legal roles we are hiring. By leveraging our expertise, you can discover opportunities that align with your aspirations and goals, propelling you toward success in your legal career.Submit your Resume Looking to hireIs your organization seeking to elevate its talent strategies? Request a call back to hear more about our services and insights. With our strategic guidance and innovative solutions, Larson Maddox empowers organizations to attract and retain top legal talent, driving long-term success and growth.Request a call back

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USA Regulatory & Legal Salary Guide Image
Highlights

USA Regulatory & Legal Salary Guide

The USA legal market is dynamic, home to global legal giants across diverse industries. As competition grows and costs rise, clients, regulators, and stakeholders demand higher performance, efficiency, and proactive legal strategies. Navigating these shifts while delivering greater value has never been more critical—and top talent is key to gaining a competitive edge.At Larson Maddox, we’ve seen increasing interest in competitive salary packages to attract and retain essential professionals. As your trusted talent partner, our comprehensive salary guide provides key insights into compensation trends across:Big LawAm Law 100-200 FirmsFinancial ServicesLife SciencesHealthcare Technology, Media & EntertainmentManufacturingConsumer GoodsEnergy, Construction & InfrastructureLogistics & TransportationRegulatoryWhether you're an organization looking to hire the sharpest legal minds or a seasoned professional aiming to benchmark your compensation against industry peers, this salary guide is the key tool you need to navigate the USA regulatory & legal salary landscape.​Download the Regulatory & Legal Salary Guide Today

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New Year, New Role: When is the Best Time to Move Roles in Legal and Regulatory? Image
career advice

New Year, New Role: When is the Best Time to Move Roles in Legal and Regulatory?

Every year, many professionals find themselves reflecting on their current roles, aspirations, and career growth. In the legal and regulatory sectors, knowing the right time to make a move can significantly influence one’s trajectory. So, when is the best time to change roles in these fields?1. Understand the Market TrendsHistorically, there are certain times in the year when hiring sees a peak. For legal and regulatory professionals, hiring often picks up in the early months of the year—January through March. Firms and companies have new budgets set, and vacancies that remained unfilled during the holiday season become top priority.2. The End-of-Year Reflection: A Catalyst for ChangeThe holiday season isn’t just a time for festivities; it's a moment for introspection. As professionals wind down and escape the daily hustle, they have a unique opportunity to assess the year gone by:Mapping Achievements Against Goals: Was this a year of progression? Setting goals at the start of the year and reflecting on them at the end can offer clarity. How many of those objectives were realized, and how did unexpected challenges shape the journey?Cultural Fit and Work Environment: Over the course of a year, one can gain profound insights into the workplace culture and their fit within it. Are the firm’s values aligned with yours? Is the environment conducive to your well-being and productivity?The Ripple Effect of Resignations: This season of reflection often culminates in decisions to seek greener pastures, leading to a spike in resignations come January. This domino effect can create a myriad of opportunities across firms and specialties.For the proactive professional, this means November and December are months to be alert, preparing their portfolio and keeping an ear to the ground for potential openings.3. Bonus Season: Timing Your Next MoveBonuses in the legal sector are more than just a monetary incentive; they’re a recognition of the hard work, dedication, and value brought to the firm over the year. As such, they play a crucial role in job movement dynamics:The Wait-and-See Approach: While some professionals are content with their roles, the allure of the bonus can be a determining factor in their decision to stay a bit longer. They've worked hard for that recognition, and it’s only logical to wait and reap its rewards.The Post-Bonus Window: Once bonuses are distributed, there's a palpable shift in the job market. Many use their bonuses as a financial cushion, allowing them the flexibility to seek roles that might be a better fit, even if it means temporary uncertainty.Strategic Planning: Professionals often time their exit post-bonus, making February and March prime months for job listings. This period sees a blend of vacancies arising from year-end resignations and firms actively looking to bolster their ranks with fresh talent.Navigating the post-bonus season requires a blend of strategic planning, understanding the market pulse, and being prepared to seize opportunities as they arise.4. Regulatory Changes and ImplicationsIn the regulatory sector, legislative changes can influence hiring trends. For instance, if new regulations are introduced, companies might look for experts in that domain, leading to a surge in hiring. Being attuned to the legal and regulatory landscape can thus provide an edge.5. Personal Growth and DevelopmentBeyond market trends, introspection plays a vital role. Have you outgrown your current position? Are there limited opportunities for advancement? If you feel stagnated or that you’re not receiving the professional growth and challenges you crave, it might be time to consider a new role regardless of the season.6. Preparing for the Move with Larson MaddoxIf you're contemplating a pivotal move in the legal and regulatory sectors, let us be the catalyst in your journey. At Larson Maddox, we pride ourselves on offering more than just recruitment services. Here's what makes partnering with us distinct:Deep Industry Insight: We aren’t a generalist recruiter. Our core focus lies in the legal and regulatory sectors, equipping us with unmatched insights and understanding of these fields. This specialized knowledge ensures that we present opportunities perfectly aligned with your aspirations.Broad Connections: Our extensive network stretches across esteemed law firms, influential corporations, and innovative startups. Trust us to introduce you to openings and roles you might not discover on your own.Tailored Approach: We believe in the uniqueness of every candidate. That’s why we ensure a personalized strategy for each individual, delving deep into understanding your career goals, skills, and the kind of organizational culture you thrive in.Comprehensive Support: Your journey with us doesn’t end at finding the right role. From refining your CV to preparing you for interviews and aiding in post-offer negotiations, we’re here to guide you at every step.Assured Confidentiality: Your trust is paramount. Rest assured, your job search and aspirations are treated with the utmost confidentiality. With us, your professional endeavors remain discreet until you decide otherwise.Navigating the world of legal and regulatory career moves can be intricate. With Larson Maddox by your side, you’re not merely looking for another job – you're charting a course for your next standout career move. If you're feeling the tug of change or even a hint of curiosity, now's the perfect time. Don't just ponder; act. Submit your resume to us or explore the exciting roles we currently have on offer. Your next chapter could be just a click away, and we're here, eager and ready, to journey through it with you.Explore our current job openings

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The Financial Benefits of Using Internal Counsel Over External Counsel for Routine Legal Matters Image
Management & Culture

The Financial Benefits of Using Internal Counsel Over External Counsel for Routine Legal Matters

Navigating the corporate legal arena often brings companies face-to-face with a critical choice: lean on internal counsel or hire external counsel? As businesses grapple with increasingly complex legal requirements, understanding the financial and strategic nuances of each option becomes paramount.Cost-Effectiveness of Internal CounselThe most obvious advantage of internal counsel is their cost-efficiency. Being on the company’s payroll, their services don't accrue hourly charges, unlike external attorneys. For standard matters like reviewing contracts or ensuring employment law adherence, these savings can be significant.A Deeper Understanding of the CompanyBeyond the balance sheet, internal counsel offers an intrinsic advantage: deep company knowledge. This means their advice is not just legally sound but also aligns with the company's business goals and cultural nuances. While external firms boast legal expertise, they might need more time to align with a company’s unique objectives.When External Counsel Makes SenseThe realm of legal matters is vast and varied, and while internal counsel proves advantageous in many scenarios, there are specific circumstances where seeking the expertise of external counsel is not just prudent but essential.Specialized Expertise: Every legal domain has its specialists. Whether it's intellectual property, mergers and acquisitions, or international trade law, external firms often house experts with deep specialization in these areas. They live and breathe their specific niche, staying updated on the latest legislative changes, landmark cases, and best practices.Resources and Infrastructure: Top-tier law firms come equipped with a wealth of resources – from extensive legal libraries, databases, and research tools to paralegals and junior associates who can assist in large-scale projects or litigations. This can prove invaluable in complex cases requiring exhaustive research and preparation.Impartiality and Fresh Perspectives: There are times when an outside perspective is beneficial. External counsel, being detached from the company's internal dynamics, can offer unbiased views, ensuring decisions are made strictly on legal grounds without the influence of internal politics or sentiments.Complex Litigations and Large-Scale Projects: High-stakes litigation, especially those that might attract public attention or have significant financial implications, often necessitate the credibility and firepower of renowned external law firms. Their reputation and experience can play a pivotal role in negotiations, settlements, or courtroom battles.Geographical and Jurisdictional Expertise: For businesses operating in multiple states or countries, local legal nuances can be challenging to navigate. External counsel with boots on the ground in these locations can provide invaluable insights into local laws and regulations.Risk Management: In particularly sensitive or high-risk matters, having an external counsel can act as an added layer of protection. Their objective stance and specialized expertise can help businesses navigate legal minefields with added confidence.In essence, while the economic advantages of internal counsel are clear-cut in many day-to-day matters, the complex, ever-evolving landscape of corporate law often necessitates the breadth of knowledge and depth of experience that seasoned external counsel can offer. It's about striking the right balance to ensure optimal legal protection and representation for the company.By the NumbersTo put it in perspective, companies with a turnover between $100-$150 million, by predominantly leveraging internal counsel, can pocket savings of around $5.7 million each year. That’s approximately 0.5% of their annual revenue.For a more detailed understanding of this evolving landscape, "The Rise of the General Counsel" report is a must-read. Additionally, as you consider the longer-term strategic value of your legal team, our blog on How to Formulate a General Counsel (GC) Succession Plan provides critical insights into ensuring continuity and sustainability in your legal leadership roles.The DebateThe debate between internal and external counsel is multifaceted. While routine legal matters often favor internal teams, certain situations call for the specialized touch of external lawyers. Business leaders contemplating this pivotal shift or considering bringing their external counsel in-house should not be in two minds about seeking expert advice. Request a call back for tailored guidance tailored to your unique circumstances. Ensure your company is legally fortified today and future-ready for tomorrow. If you're interested in a career, why not check out our in-house counsel jobs.

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Data Breaches - The Rising Significance of In-House Legal Departments Image
legal

Data Breaches - The Rising Significance of In-House Legal Departments

In today's digital world, where vast amounts of sensitive data are processed and stored online, data breaches have become a growing concern for corporations, consumers, and regulators alike. The repercussions of a data breach are not limited to the immediate financial damage but extend to reputational harm, loss of trust, and regulatory penalties. Against this backdrop, the role of in-house legal departments in managing and mitigating these risks has become central. In this article, Larson Maddox provides a deeper dive into the matter.Navigating the Regulatory LandscapeIn the face of growing data protection regulations, such as the GDPR in Europe and the CCPA in the US, the onus of understanding and navigating these intricate legal frameworks lies heavily on in-house legal departments. Their expertise can decipher the often complex mandates and offer precise guidance on both local and international data handling standards. Furthermore, they play an instrumental role in sculpting company policies, ensuring not only adherence to the present-day regulations but also preempting future legal requirements.Immediate Response to Data BreachesThe aftermath of a data breach is extremely time-sensitive, so the in-house legal department becomes an indispensable force during these trying times. Their immediate counsel is pivotal in ensuring that notifications to stakeholders and regulatory authorities are both timely and compliant, and crafting public statements in the wake of breaches requires a balance of transparency, responsibility, and legal prudence, a task tailor-made for legal teams. Furthermore, they offer guidance on the overarching legal implications and are instrumental in coordinating with external counsels, ensuring their organization's best interests are preserved.Preventive Measures & Risk ManagementA company's proactive stance against potential breaches is often indicative of its in-house legal department's preventive role. These teams diligently review third-party contracts, ensuring they embed robust data protection clauses, protecting the company's data even when in external hands. Additionally, in-house legal departments oversee regular audits, ensuring the company remains compliant with ever-evolving standards. Not just gatekeepers, they also play the role of educators, spearheading initiatives to share knowledge on the legal dimensions of cybersecurity across the organization.Impact on HiringAs the realm of data security takes center stage, the ripple effects are palpably felt in corporate hiring strategies. Companies are increasingly prioritizing the expansion of their in-house legal teams, recognizing the indispensability of legal expertise in data protection. Moreover, there's a marked shift towards hiring candidates who not only have expertise in data protection laws but also skills in crisis management. Given the dynamic nature of cybersecurity laws, continuous learners who can adapt to changing regulations are becoming invaluable assets.Litigation & SettlementsThe legal challenges that often ensue following a data breach can be monumental, but in-house legal teams don the armor to defend a company's interests in courtrooms. Their intimate understanding of the company's operations allows them to collaborate closely with external law firms, providing necessary context and insights. Moreover, their involvement is often key in negotiating settlements, helping to mitigate the financial implications and ensuring that the terms are in the best interest of the organization.Staying Updated & Continuous LearningThe digital realm, with its rapid advancements, ensures that the landscape of data protection is always in flux. For an organization to stay ahead, its legal department must be relentless in its pursuit of knowledge. They commit to staying updated on evolving laws, rulings, and interpretations, taking the helm in adapting and updating company policies in response to these changes. Equally crucial, they organize internal training sessions, ensuring that the entire company remains informed and compliant.In the era of data breaches, the strength of a company's defenses is often reflected in the robustness of its in-house legal department. Recognizing the vital role these departments play, many organizations are investing heavily in expanding and honing their legal capabilities.If you are considering your legal firepower, or if you're in the process of establishing an in-house team, now is the time to act. Reach out to us today for assistance in finding the best legal talents tailored to your needs. Don't leave your data security to chance; ensure you have the right legal minds on your side.

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legal

Is It Time to Pivot in Your Legal Career?

Transitioning from your current role demands thoughtful consideration. However, certain red flags in your professional life might indicate a need for a fresh start. These may include feeling burned out, waning passion for your role, or feeling restricted due to a lack of growth opportunities.If these resonate, perhaps you've already started searching for new roles – online or through colleagues. Yet, if you've hit a roadblock, engaging a specialized legal recruiter could be the boost you need. Consultants often handle a high volume of candidates per job opening. They, and by extension you, stake their reputation on every recommendation. So, how can you articulate your value to legal recruiters? How can you guarantee they champion you, showcasing your potential fit for specific roles?Mastering The BasicsAt Larson Maddox, we scrutinize resumes. The resume remains a pivotal tool for legal professionals to stand out and progress to interviews. Regardless of where you stand in your career, a meticulously crafted resume is indispensable - it should not just list your skills and experiences, but also stand out without being laden with clichés. So, how can you catch a top legal recruiter's attention and move one step closer to your dream job?Digital Profile CheckYour online presence often precedes you. Many employers resort to social media checks before interviews. Therefore, curating a professional online footprint is crucial, especially on platforms like LinkedIn – the hub for recruiters and employers. Update your profile, ensuring it showcases your competencies and maintains a consistent professional narrative, and delete any content that might hinder your prospects.Flaunting Your SkillsBoth employers and legal recruiters hunt for skills that align with job requirements. Apart from your qualifications, emphasize transferable skills, showcasing your communication style, ethical grounding, and expertise. If it's been years since your last job search, now is the time to reflect and update your skills, ensuring each is substantiated with concrete examples.Consider drawing attention to:Teamwork: Illustrate your capacity to collaborate effectively.Time Management: Display how you efficiently manage tasks and deadlines.Leadership: Share instances of rapport-building, decision influence, and inspiration.Technology: Showcase your tech-savviness, troubleshooting abilities, and security awareness.Adaptability: Highlight your resilience, ability to pivot, and eagerness for growth.Problem-Solving: Emphasize your solution-driven mindset.Communication: Exhibit both your written and spoken communication skills, and your ability to listen.Choosing the Right FitPartnering with a legal recruiter should be mutually beneficial. It's pivotal to align with a recruiter that mirrors your values. Research their ethos, client-centered approach, ethical standing, and track record. Online reviews can be indicative of their reputation.Stay EngagedActive engagement with your chosen recruiter is pivotal. Connect via email, LinkedIn, or phone. Regular interactions help paint a clearer picture of your aspirations, enabling more tailored advice.Your Next MoveIf you're contemplating a career shift and you're interested in a legal job and career, you're in the right place. Larson Maddox has been a trusted partner for law firms nationwide, with numerous successful placements. Ready to take the leap? Submit your resume to us or explore our job listings to find your ideal position.

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General Counsels: The Rising Stars in Boardroom Selections Image
legal

General Counsels: The Rising Stars in Boardroom Selections

In the ever-evolving corporate world, the hunt for board members who are not just strategic thinkers but also astute in legal, regulatory, and technology matters is intensifying. Against this backdrop, General Counsels (GCs) are emerging as attractive candidates for board seats. At Larson Maddox, we will explore why, in an era marked by heightened regulatory scrutiny and the onset of disruptive technologies, GCs are becoming the go-to choices for corporate boards.In-depth Legal and Regulatory AcumenTraditionally, the role of a General Counsel has been to provide legal advice to an organization, ensuring that its dealings are compliant with applicable laws and regulations. Over the years, this role has evolved to include strategic thinking, risk management, and even participation in business decisions. With corporations now under the microscope of regulators more than ever, having someone on the board who understands not just the letter but also the spirit of the law is invaluable.A Finger on the Pulse of Disruptive TechnologyWe're in the midst of a technological revolution. From artificial intelligence and blockchain to gene editing and beyond, disruptive technologies are changing the way businesses operate. GCs are at the forefront of understanding the legal implications of these advancements. As companies explore new frontiers, they need board members who can navigate the murky waters of innovation while keeping potential legal pitfalls in check.Ethical GuardianshipWith a slew of corporate scandals making headlines over the past decade, the emphasis on corporate governance and ethics has grown manifold. GCs are trained to consider not just the profitability but also the propriety of business decisions. Their ethical compass and commitment to doing what's right make them ideal candidates for the board, especially when reputational risks are high.Diverse PerspectiveAs boards seek to diversify their composition, GCs bring a unique blend of legal acuity and business insight. Their multifaceted roles expose them to various aspects of a business – from operations and HR to finance and marketing. This holistic view ensures that boards benefit from a well-rounded perspective that combines legal caution with business ambition.Adaptable NegotiatorsA significant portion of a GC's role involves negotiations, whether with regulators, partners, or even internal teams. This skill is crucial in the boardroom, especially when making decisions that require consensus or when the company is exploring partnerships, mergers, or acquisitions.The Path ForwardIt's clear that in the face of increasing regulatory scrutiny and the rapid pace of technological change, boards must get creative in their selections. The traditional archetype of a board member is evolving, and GCs fit perfectly into this new mold.However, while GCs are compelling candidates, it's essential to ensure that they also receive the right support and training to transition smoothly from their executive roles to effective board members.In today's rapidly shifting corporate landscape, the role of General Counsels in boardrooms is no longer just a trend—it's an essential strategic move. With their unique fusion of legal expertise, ethical oversight, and comprehensive business acumen, General Counsels are perfectly equipped to provide resilient and informed corporate decision-making.If you're a General Counsel looking to amplify your impact and explore new opportunities, we at Larson Maddox invite you to submit your resume. We're at the forefront, connecting talented GCs with forward-thinking corporations that recognize and value their distinct expertise.Considering global expansion? It's vital to recognize The Importance of Hiring a General Counsel When Expanding Your Business to New Jurisdictions. Navigating the legal maze of new territories can be daunting, but with a seasoned General Counsel, the journey becomes more strategic and compliant.For businesses gearing up to strengthen their legal backbone, understanding precisely what to seek is pivotal. Dive into our insights on What to Look for When Recruiting In-House Counsel Talent to ensure you're making an informed choice.Ready to find the perfect General Counsel match for your organization? Reach out to us at Larson Maddox. Let's work together to ensure your business is equipped to navigate tomorrow's challenges with confidence and expertise.

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Highlights

The Importance of Hiring a General Counsel When Expanding Your Business to New Jurisdictions

Expanding your business across state or international borders promises new markets, diverse clientele, and increased revenues. However, understanding and adhering to the myriad of laws and regulations specific to each jurisdiction is critical before any new growth takes place.Here's why hiring a dedicated General Counsel (GC) expert is vital for businesses looking to explore new terrains:Deep Understanding of Complex Legalities: Each jurisdiction has a unique legal landscape. From employment laws and intellectual property rights to taxation and customs duties, a GC will navigate these complexities, ensuring that your business remains compliant.Proactive Risk Management: Mistakes in understanding local laws can lead to heavy penalties or even force you to shut down operations in a region. With a GC on board, they can proactively identify potential legal risks and guide the company in mitigating them.Contracts and Agreements: As you expand, you'll inevitably strike new partnerships, hire local vendors, or even acquire other companies. A GC can draft, review, and negotiate contracts, ensuring they align with both the company’s interests and local laws.Cost-Efficient: While hiring a GC may seem like a significant upfront cost, in the long run, it's cost-effective. Without an in-house legal expert, businesses often rely on external law firms, which can get expensive, especially when dealing with daily legal matters.Guidance During Disputes: Should any local disputes arise – be it with partners, employees, or regulatory bodies – a GC will represent the company's best interests, potentially saving it from expensive litigation or unfavorable rulings.Cultural and Legal Sensitivity: In some regions, the legal framework can be deeply influenced by local customs and traditions. A GC can help a company to navigate these nuances, ensuring not only legal compliance but also cultural respect.Streamlined Decision-Making: Having a GC involved in strategic discussions means that the legal implications of business decisions are always considered. This integration of legal insight into business strategies often results in more streamlined, efficient, and effective decision-making processes.Training and Updates: Laws and regulations can change. A GC can keep your team updated on these changes, offering training sessions to ensure everyone understands their obligations.Mergers and Acquisitions: If your expansion strategy involves acquiring local businesses, a GC can play an instrumental role. From due diligence to seamless integration, they ensure the process is legally sound.Building Reputation: Operating ethically and within the bounds of the law boosts your company’s reputation. By showing that you take local laws seriously, you earn the trust of local customers, partners, and regulators.As businesses gaze beyond their familiar environment, understanding and adhering to the laws of new jurisdictions is paramount, not only to avoid legal pitfalls but to leverage opportunities efficiently and with integrity. A General Counsel does more than just provide legal advice; they are an essential pillar in your business's strategic journey.If you're considering an expansion and recognize the value of safeguarding your enterprise, we invite you to request a call back. At Larson Maddox, we pride ourselves on our extensive expertise across a spectrum of industries. Our legal acumen, combined with industry-specific knowledge, ensures you're not only protected but also positioned for success.Furthermore, if you're just starting on the path of hiring legal talent and unsure of the qualities to seek, our recent blog post, "What to Look for When Recruiting In-House Counsel Talent", provides insights that can guide your hiring process. If you're looking for a new challenge then why not check out our general counsel jobs.Remember, the right legal partner can make all the difference as you forge new paths in business.

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hiring advice

What to Look for When Recruiting In-House Counsel Talent

The journey of in-house counsel is one of change, growth, and increasing complexity. As businesses have become more globalized and regulations more intricate, the need for specialized, in-house legal expertise has grown exponentially. But what should you look for when recruiting in-house counsel talent?The Journey of In-House CounselHistorically, many companies outsourced their legal needs to external firms. However, as businesses expanded and the complexity of their operations grew, the demand for dedicated, in-house legal expertise became evident.An in-house counsel not only understands the nuances of the law but also the intricacies of the business they work for. They have the advantage of being immersed in a company's culture, business model, and overall objectives, enabling them to provide tailored legal advice that aligns with the company's goals.How the In-House Counsel Role Has DevelopedOver the years, the in-house counsel role has evolved from being just a legal advisor to a strategic partner. Today, in-house lawyers are involved in business strategy formulation, risk management, and even public relations.Additionally, in-house counsels are expected to wear many hats. They're negotiators, litigators, contract drafters, and often educators within the company, ensuring that every department remains compliant.The Key Skills and Experience You Should Be Looking ForExpertise in Relevant Areas: Depending on your industry, having expertise in specific areas like intellectual property, mergers and acquisitions, or international law might be essential.Business Acumen: A deep understanding of business strategies and models is vital. In-house counsel needs to align their advice with business objectives.Communication Skills: They must be able to communicate complex legal topics in simple terms that stakeholders can understand.Adaptability: With the constantly changing landscape of business and law, adaptability is key.Ethical Judgement: The counsel's role often requires making decisions that adhere to both the law and the company's ethical standards.Attracting Top In-House CounselCompetitive Compensation: Top talent often comes at a premium. Offering competitive salaries and benefits in line with or exceeding industry benchmarks can attract the best in the field.Ongoing Professional Development: Offer opportunities for them to grow and expand their skills, whether through courses, qualifications, seminars, or workshops.Work-Life Balance: Flexibility in working hours or remote work can be a big draw.A Seat at the Table: Giving them a voice in strategic decisions can make the position more appealing.Assessing Skills During an InterviewWhen interviewing potential in-house counsel, it's essential to test not just their legal expertise but also their soft skills.Case Studies: Present them with a business scenario and ask how they would navigate disputes or legal challenges.Behavioral Questions: Understand how they've managed ethical dilemmas or conflicts in the past.Situational Judgement Tests: These can give insights into their decision-making processes.Communication: Ask them to explain a legal concept or scenario to a non-legal stakeholder, evaluating their ability to clearly communicate complex legal matters.Crisis Management: Presenting a hypothetical crisis situation evaluates their ability to stay composed and provide legal guidance in high-pressure scenarios.Remember, you're looking for a strategic partner, not just a legal advisor.Need Expertise in In-House Counsel Recruitment? Contact Larson Maddox Finding the right in-house counsel can be challenging. If you need assistance or have questions about the recruitment process, don't hesitate to reach out to the Larson Maddox talent team. With expertise in recruiting top legal talent, we can guide you in finding the perfect fit for your organization.The role of in-house counsel has never been more crucial. With the right recruitment strategies, you can ensure you're hiring a professional who will be a true asset to your company. If you're looking to hire or need advice on the recruitment process, request a call back from our team. We're here to help and guide you every step of the way.

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Is a Move In-House for You? Navigating the Shift from Law Firm to Corporate Counsel Image
legal

Is a Move In-House for You? Navigating the Shift from Law Firm to Corporate Counsel

For many attorneys, the question inevitably arises during their career: should I make the move from a law firm to an in-house position? The allure of potentially better work-life balance, the chance to delve deep into a specific industry, and the desire to be at the forefront of business decisions can make the in-house route appealing. However, this transition isn't for everyone. In this blog, we'll explore the pros and cons of such a move to help you decide if it's the right fit for you.Benefits of Moving In-HouseBroader Business Integration: In-house attorneys often play a pivotal role in business strategy. You're not just a legal advisor; you're a strategic partner helping to shape the future of a company.Work-Life Balance: Many attorneys find that in-house roles offer a more predictable schedule, fewer billable hour requirements, and less weekend work.Deep Dive into a Single Industry: Instead of juggling clients from various sectors, you'll have the opportunity to become an expert in a specific industry, understanding its nuances and intricacies.Direct Impact: Your advice and counsel will directly influence the company's decisions, giving you a tangible sense of contribution.Challenges of Moving In-HouseLimited Specialization: While you'll deeply understand your industry, you may miss out on the diverse range of cases and clients a firm offers, which could potentially make you feel pigeonholed.Business Pressures: Being closely tied to a business means you'll feel the weight of its successes and failures more acutely. This could mean dealing with budget cuts, redundancies, or other challenging situations.Fewer Resources: Law firms often have vast resources, including junior attorneys, paralegals, and extensive legal libraries. In-house departments might be leaner, requiring you to wear multiple hats.Key Considerations Before Making the MoveCareer Trajectory: Think about where you want to be in five years or more. Will an in-house position propel you towards those goals or steer you away?Company Culture: Every company has its own unique culture. Before making the jump, ensure the company's values align with yours.Skill Set: Do you have the skills required for an in-house role? It's not just about legal expertise; you'll need to understand business strategies, risk assessment, and more.Compensation: While in-house roles might offer better hours, this might come at the cost of a reduced salary, especially when compared to partners in law firms.Moving in-house can be a rewarding experience, offering a fresh perspective on the legal field and allowing you to be at the nexus of law and business. However, it's essential to weigh the pros and cons carefully, considering both your personal and professional aspirations.Moreover, the fight for niche talent in the in-house realm is fiercer than ever, and top corporations are always on the lookout for specialized skills to stay competitive. If you're considering a move, you don't have to navigate this journey alone. Take a look at our current rolesor submit your resume today. We have access to some of the best in-house roles in the industry, ensuring a perfect match for your unique needs and aspirations. Your next career move could just be a conversation away.

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The Growth of Litigation Attorneys in the US and the Rise of Litigation Funding Image
hiring advice

The Growth of Litigation Attorneys in the US and the Rise of Litigation Funding

In the intricate tapestry of the US legal system, the rise of litigation attorneys and the booming world of litigation funding have created ripples that are changing the face of legal disputes. In this article, Larson Maddox delves into the landscape of US litigation, its attorneys, and how the surge in litigation funding is influencing the future of legal battles as well as recruitment in the industry.Growth of Litigation AttorneysComplexity of Law: The US legal landscape has grown increasingly complicated over the years, leading to a demand for specialized litigation attorneys to navigate its ever-changing complexities.Increasing Business Litigations: With businesses expanding and markets becoming more competitive, disputes related to contracts, intellectual properties, and trade practices have increased, leading to a growing demand for litigation attorneys.Societal Changes: A society that is becoming more rights-conscious means that more people are seeking judicial recourse than ever, and facing a greater need for skilled attorneys to represent them.Litigation Funding's Remarkable RiseLitigation funding, once a relatively unknown concept, has now become a force to reckon with in the US. This model, where third-party entities fund litigation in exchange for a share of potential proceeds, has experienced meteoric growth.Recent data from Bloomberg Law News shines a light on this trend. Through mid-2022, US litigation funders committed an astounding $3.2 billion to lawsuits, marking a nearly 16% increase from the preceding 12 months. Even more impressively, according to the fourth annual Westfleet Advisors survey, the 44 major litigation funders had assets totaling $13.5 billion under management.Several factors are driving this trend:High Litigation Costs: The escalating costs associated with pursuing legal battles make third-party funding an attractive option for many plaintiffs.Mitigated Risks: Litigation inherently comes with financial risks. With third-party funders involved, these risks are spread, encouraging more entities to pursue legal remedies.Mainstream Acceptance: Initially viewed with skepticism, successful outcomes backed by litigation funding have bolstered its acceptance within the broader legal community.Recruitment Impacts in the Era of Litigation FundingThe rise in litigation attorneys and the growth in litigation funding have significantly impacted legal recruitment:Increased Competition: The burgeoning field means that more attorneys are vying for prime positions, leading to a highly competitive recruitment environment.Diverse Hiring Initiatives: Modern law firms are prioritizing diverse backgrounds, ensuring a well-rounded, comprehensive approach to litigation.Technological Proficiency: The integration of technology into legal proceedings, like e-discovery and virtual courtrooms, necessitates a need for tech-savvy attorneys.Well-being Emphasis: Acknowledging the high-stress nature of litigation, forward-thinking law firms are focusing on mental well-being and work-life harmony in their cultures.​The US litigation landscape is undeniably experiencing a revolution. With the ever-growing emphasis on specialized litigation attorneys and the monumental expansion of litigation funding, we're witnessing transformative changes in how legal disputes are approached and resolved.If you're on the lookout for top litigation attorneys to steer you through this dynamic environment, it might be time to consider Larson Maddox. Not only do we span a myriad of industries, ensuring a tailored fit for your specific needs, but we also provide a global talent pool. This vast network of international expertise guarantees that you're backed by the very best in the field, no matter the nature or scope of your litigation needs.Don't let the complexities of the evolving legal realm deter you. Reach out to Larson Maddox, and request a call back today. Together, we can ensure that you have the talent to keep your business a step ahead in the game.

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regulatory

The Rise of AI in the Regulatory & Legal industry

An AI tool passed the bar – what does this mean for you, and what is the wider impact to the legal & regulatory space? GPT-4, the AI model from OpenAI, scored enough on a bar exam to be admitted to practice law in most of the US states. This has raised many questions about the future of the legal & regulatory industry, including how AI could impact not just roles and career opportunities, but also hiring practices and the skills required to thrive in a space often considered to be typically quite traditional and a stronghold of human expertise and intellect. To discover just what AI tools could mean to legal & regulatory professionals and organizations hiring such talent, we asked the very AI tool that passed the bar to explain in its own words what the impact could be. Here’s the result…This monumental achievement signifies a new era where AI will play an increasingly significant role in the legal landscape. In this article, we will explore the implications of AI's successful completion of the UBE and how it may impact the legal and regulatory industry, as well as the job market.AI Passes the Uniform Bar ExamAI's recent passing of the UBE, a standardized test used by multiple jurisdictions in the United States to determine a candidate's qualifications for legal practice, has sent shockwaves through the legal community. This achievement, powered by advancements in natural language processing and machine learning, demonstrates that AI is now capable of understanding and applying complex legal concepts.The AI system, trained on thousands of legal documents and case law, was able to outperform many human candidates, showcasing its ability to analyze legal problems and provide well-reasoned solutions. This accomplishment has spurred conversations about the potential for AI integration within various aspects of the legal profession.Impact on the Legal and Regulatory IndustryAI's success on the UBE has a number of implications for the legal and regulatory industry:Enhanced EfficiencyThe integration of AI into legal practices can streamline various tasks, such as legal research, contract analysis, and document drafting. This can lead to increased productivity and cost savings for law firms and clients alike.Improved Access to Legal ServicesAI-powered legal services may be more affordable, enabling access to justice for individuals and organizations that may have previously been priced out of traditional legal services.Regulatory ComplianceAI can help businesses and organizations navigate complex regulatory landscapes, ensuring compliance and mitigating the risk of costly fines and sanctions.Legal Decision-MakingThe use of AI in the courtroom as a decision-support tool can improve the efficiency and accuracy of legal decision-making, leading to more equitable outcomes.Impact on the Job MarketWhile AI's passing of the UBE has been met with awe and excitement, it also raises concerns about the future of the job market within the legal profession:Job DisplacementAs AI automates routine tasks, some legal professionals, particularly those in entry-level positions, may face job displacement. Paralegals and junior associates, whose work often involves research and document review, may be the most affected.Skill AdaptationTo remain competitive, legal professionals will need to adapt their skillsets. Emphasis will likely be placed on skills that complement AI, such as critical thinking, creativity, and emotional intelligence. Additionally, the demand for legal professionals with expertise in technology and data analysis is expected to grow.Evolving RolesThe integration of AI into the legal profession may give rise to new roles, such as AI ethics advisors and legal technologists. These professionals will be responsible for ensuring the responsible and ethical use of AI within the industry.ConclusionAI's passage of the Uniform Bar Exam marks a turning point in the legal profession. As generative AI continues to advance and integrate into the law and regulatory industry, it will undoubtedly bring about significant changes in the way legal services are delivered and impact the job market for lawyers. It is crucial for legal professionals and industry stakeholders to embrace this change and adapt accordingly to ensure a successful and equitable transition into the AI-driven future of law. The regulation of AI in the legal sector will be a key consideration as the technology becomes more prevalent, potentially reshaping the role of the lawyer and the practice of law itselfWhat are your thoughts on AI – is it changing the world of work for the better? From data privacy and formalizing financial resilience, to ensuring umbrella companies are compliant and approving innovative technologies for use, an ever-complex regulatory landscape is emerging. With an increasing amount of adapting technology, laws, and governance, comes the need to secure the right talent to scale for growth, but also to protect your organization best.Submit your vacancy today or view our latest roles here.

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