Partners – Global Distributed Law Firms – London

Expired
Company:  LEXITUP
Location: London
Closing Date: 15/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
We are representing several international distributed firms interested in expanding, including a growing AM LAW 200 firm. The firms are seeking self-sustaining team/partner(s) that may be interested in joining/combining and establishing a formidable presence. You and/or your group would have supported autonomy. These international firms wish to increase their strength, establish new offices, and have a robust team in place to represent its clients. They are seeking additional capacity through a combination with self-sustaining partner(s)/groups.These firms resemble traditional Big Law only in the sophistication, breadth, and experience of their partners. The firms leverage the latest technology instead of unnecessary overhead, which results in a more efficient law practice. They are able to provide their clients value without sacrificing quality. The removal of inefficiencies also allows their attorneys to easily develop long-term business relationships, while billing less and earning more. Most of our clients in this space have a fully remote work environment, creating lower overheads and allowing for billing rates to be 20% to 40% lower rates than at traditional law firms. In some models, the partner is keeping up to 80% of their billings, a huge financial incentive, and they see exactly what they will earn with each client/matter brought in. Key Requirements: Minimum of 8 years of experience.Experience with international, regional, or leading law firms – Partners must come from Legal500 and/or Chambers-ranked firms.Accredited law school graduate & legally qualified. Proven portable business over the past three years.Why Join a Distributed Law Firm? They are composed of highly experienced attorneys who have previously worked at some of the largest law firms and most sophisticated corporate legal departments. In most cases, their attorneys are full partners and each must meet high standards of excellence.Distributed firms offer a dynamic, flexible, and profitable environment that is both supportive and creative. Their culture is egalitarian, democratic, and transparent. Partners build strong relationships, both professionally and personally. They host regular in-person partner retreats to foster a sense of community. These firms are home to award-winning practices and lawyers, many of whom hold Best, Super, and Top-rated designations.The firms invests heavily in marketing efforts, both for individual partners and through cross-marketing initiatives. Financial health is a byproduct of doing many things right.For partners with clients hesitant to pay traditional Big Law rates, the firms offer the flexibility to provide more attractive rates while maintaining profitability. The firms in most of these cases leave the final rate to its lawyers to determine on their own.Many new hires at these distributed firms came from AMLAW 200 firms with required 1000+ hourly rates and now find they can both retain and grow their client base by offering more attractive rates. The generous compensation policy of the distributed firm model allows service partners to retain the majority of their agreed-upon fee from the referring attorney. This model enables partners to provide top-quality service to clients, with the support of experienced partners rather than relying on less experienced associates. As a result, clients receive partner-level expertise at more competitive rates, creating a win-win situation for both the attorney and the client.The models for distributed firms are highly transparent, you see what you are earning on a weekly or bi-weekly basis. Clients work directly with partners that have a longstanding relationship, making collections simpler.Many former partners enjoy the flexibility of working from anywhere while benefiting from a well-integrated, cutting-edge legal platform. This is a unique opportunity that could put you in a leadership role or provide a pathway for greater growth. Does your current firm support your business development and client engagement efforts? Would you like to broaden your practice with exposure to new clients and opportunities?LEXITUP seeks to engage in conversations with partners that are driven to enhance their reach and profitability. We have found through years of placing top performers that the platform which you utilize to practice law has a direct and significant impact on the results you will have in the short and long term on your career. Kindly let me know if you (or another partner you know) is interested in exploring this exceptional opportunity.We look forward to assisting you in making an informed decision about this potential opportunity. This is a general posting, for more specific details about the compensation model or to discuss further, please contact me at [email protected] or +1 786 520 1997 (also on WhatsApp).
LEXITUP
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