Big Law Life

Laura Terrell
  • 4.8 (25)
  • 职业
  • 一周一更
Big Law Life

On Big Law Life, Laura Terrell and her guests discuss the strategies, steps, relationships and communications you need to navigate the world of large global and national law firms, from the perspective of lawyers, business and legal professionals, in-house counsel, and others with experience working in and around this environment. Laura dives into what you want to know about BigLaw but didn’t learn in law school and what wasn’t covered in your law firm orientation. To learn more about how she works with attorneys and to access her blog and resources, go to www.lauraterrell.com

  1. #60: How Junior Partners Can Compete for Work and Clients

    5天前

    #60: How Junior Partners Can Compete for Work and Clients

    In today’s episode, I discuss how junior partners in large law firms can differentiate themselves within their firms and the broader market. Many newly minted partners find themselves competing against more experienced colleagues for work and visibility. I explore strategies for carving out a niche, leveraging unique skills beyond legal expertise, and actively marketing yourself both internally and externally. From highlighting non-traditional strengths like financial management and team leadership to optimizing your law firm bio and LinkedIn presence, I provide actionable insights to help lawyers build their brand and position themselves for long-term success. At a Glance: 0:00 Introduction – Challenges junior partners face in standing out internally and externally 1:20 Why senior attorneys often get priority for work 2:57 Identifying what made you a partner and leveraging it 5:06 Using AI, cannabis law, and other niches to stand out 7:15 Management and budgeting can set you apart 9:02 Positioning yourself as indispensable within the firm 10:45 Using LinkedIn and branding to gain visibility 12:30 How most lawyers miss opportunities to highlight strengths 14:15 Getting credit for your contributions when the firm doesn’t 16:40 Using LinkedIn and Substack to showcase expertise 18:55 Posting insights to build credibility 21:30 The value of self-promotion and differentiation Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    15 分钟
  2. #59: Choose How Many Hours You Bill: Steptoe’s New Associate Compensation Model with Kate Cappaert

    2月12日

    #59: Choose How Many Hours You Bill: Steptoe’s New Associate Compensation Model with Kate Cappaert

    In today’s episode, I sit down with Kate Cappaert, a partner in the Intellectual Property group at Steptoe. We discuss a major shift in Steptoe’s associate compensation—one that gives lawyers more control over their careers and work-life balance.  Steptoe’s new model allows associates to choose from three different billable hour targets, with corresponding salary levels, providing a level of flexibility rarely seen in Big Law. We explore how this model was developed, the firm’s commitment to maintaining an open dialogue with associates, and what it means for career progression, partnership considerations, and recruiting.  Kate, who serves as chair of Steptoe’s Professional Development Committee, shares insights into how the firm designed this initiative to address long-standing concerns from associates while ensuring that firm goals and client service standards remain intact. At a Glance: 0:00 Introduction: The shift in associate compensation that led Steptoe to rethink the billable hour model 1:20 A unique approach: Why Steptoe introduced three billable hour targets and how they work 2:57 The firm’s motivation: What associates wanted and how this model addresses their concerns 5:06 Flexibility with structure: How the tiered approach allows associates to adjust their hours annually 7:15 First-year associates: Why they start with a standard target before choosing a path 9:02 Moving across tiers: How associates can adjust their billable targets over time 10:45 Impact on partnership: Whether choosing a lower tier affects promotion prospects 12:30 Compensation considerations: How salary and bonuses are structured within this model 14:15 Partner perspectives: How firm leadership responded to this shift in associate compensation 16:40 Recruiting implications: How this new model is shaping lateral hiring and on-campus recruiting 18:55 Training integration: How non-billable training hours are factored into the new compensation model 21:30 Looking ahead: How Steptoe will evaluate the success of this approach in 2025 Article describing Steptoe’s associate compensation program: https://www.law.com/americanlawyer/2024/12/09/steptoe-offers-associates-new-flexible-billable-hour-tracks-in-revamped-comp-system/ Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. How to reach Kate Cappaert: https://www.steptoe.com/en/lawyers/katherine-cappaert.html Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    29 分钟
  3. #58: Should You Take a Counsel Role In BigLaw? Critical Questions to Ask First

    2月5日

    #58: Should You Take a Counsel Role In BigLaw? Critical Questions to Ask First

    In today’s episode, I break down the nuances of the counsel role in Big Law—what it really means, how it differs across firms, and whether it can be a stepping stone to partnership or a career dead-end. I address the biggest challenges lawyers face when considering a counsel position, including unclear compensation structures, lack of business development credit, and the evolving role of non-equity partners. If you're thinking about a counsel position—whether as a promotion or a lateral move—this episode will help you ask the right questions to ensure it aligns with your career goals. At a Glance: 0:00 Introduction: The evolving role of counsel in Big Law and why it varies across firms 1:20 Lack of a clear definition: Why counsel roles differ significantly between firms 2:06 Counsel as contract attorneys: How some firms use the role to retain talent without long-term commitments 3:07 Counsel as a path to partnership: When the role is a stepping stone versus a permanent position 4:23 Key questions to ask: Understanding firm expectations before accepting a counsel offer 5:16 Business development expectations: Whether counsels receive credit or budget for generating clients 7:23 Compensation uncertainty: How salary and bonus structures for counsels differ from associates and partners 9:02 When a counsel role makes sense: Strategic reasons for choosing counsel over partner or associate positions 12:00 The changing landscape: How the rise of non-equity partners is reshaping the counsel role   Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    14 分钟
  4. #57: How Law Firms Can Build Stronger Partners Through Training - with Latham & Watkins’ Andrew Clark

    1月29日

    #57: How Law Firms Can Build Stronger Partners Through Training - with Latham & Watkins’ Andrew Clark

    In today’s episode, I talk with Andrew Clark, a partner with Latham & Watkins and the global chair of the firm's Training and Career Enhancement Committee. Andrew shares how Latham develops its partners and other lawyers through a structured and comprehensive training program that evolves at every stage of their career.  From preparing new partners for leadership roles to equipping junior partners to deepen their client relationships and build their practices, Andrew gives us an inside look at how Latham is setting up its attorneys for long-term success.  We also discuss the unique role of business professionals in shaping law firm training and the firm’s work in training its lawyers to leverage generative AI. At a Glance: 0:00 Introduction: Andrew  discusses ongoing training for partners beyond when they are promoted into their partner roles 1:20 Importance of partner development: Preparing for leadership and client management 2:24 Andrew’s career journey: From Latham’s London office to leading global training initiatives 4:02 Partner involvement in firm management and training programs 6:01 Multi-stage partner training: New Partner Academy and Junior Partner Development Retreat 9:17 Financial literacy and business development: Preparing partners for understand client needs and demands 12:13 Integrating lateral partners: Communicating and strengthening understanding of firm culture through structured training 14:28 Rainmaker panel: Insights into business development from partners who role-play a simulated client pitch 18:27 Contributions of business professionals: Elevating law firm training programs to include education and support from business and training experts in the firm 21:53 External experts in training: Lessons from outside speakers, including military leaders and others 24:57 Generational shifts: Adapting training for Gen Z attorneys 30:01 Latham’s AI Academy: Preparing lawyers for the future of legal practice Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. How to reach Andrew Clark: https://www.lw.com/en/people/andrew-clark  Link to more information Latham & Watkins’ lawyer development and training: https://www.lw.com/en/about-us/lawyer-development Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    37 分钟
  5. #56: Navigating Difficult Client Relationships in Big Law

    1月22日

    #56: Navigating Difficult Client Relationships in Big Law

    One of the most challenging aspects of legal practice is managing difficult client relationships in a high-stakes environment. In today's episode I'll share how to navigate the tough moments when you may be struggling to work with clients that can frustrate your attempts to engage and deliver your best work. At a Glance: 0:00 Introduction: Managing client expectations and setting boundaries 1:20 Common frustrations in client relationships: The stress of meeting high demands and client conflicts 2:43 The importance of engagement letters and billing guidelines in setting client expectations 5:22 Addressing surprise costs: Transparent communication about fee changes 6:21 Staying professional under client criticism: Shifting focus to facts over emotions 8:21 Case study: Escalating client issues when partners are unresponsive 10:12 Listening to difficult clients: Understanding their frustrations beyond the surface 13:17 Knowing when to withdraw from challenging client relationships 14:29 Helping clients navigate their own internal organizational challenges 16:11 Building trust by aligning legal strategies with business concerns Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    17 分钟
  6. #55: Balancing Professional Development with Client Work

    1月15日

    #55: Balancing Professional Development with Client Work

    In today’s episode, I share practical strategies for staying current in the ever-changing legal landscape, even when billable hours and client demands dominate your schedule.  I discuss how to create a system for digesting critical legal updates, leveraging firm and external resources for professional development, and connecting with colleagues to maximize learning opportunities.  Whether it’s identifying efficient ways to track industry news or tapping into events and partnerships to expand expertise, this episode offers actionable advice for lawyers aiming to maintain their edge in large law firms.  At a Glance: 0:00 Introduction: Why professional development is critical for lawyers at every stage 0:23 The challenge of balancing professional growth with the demands of big law 2:03 Efficient ways to audit and organize legal updates in your practice area 3:23 Using competitor resources and external publications for legal insights 4:26 Broadening your knowledge through business and industry news 5:35 Leveraging webinars and hybrid conferences to keep learning accessible 7:00 Maximizing value from bar associations and local events 7:45 Opportunities in internal firm-sponsored events and panels 8:47 Collaborating with colleagues to streamline learning and share expertise 10:19 Building relationships with senior colleagues for mentorship and mutual growth 12:12 Final thoughts on balancing professional development with client demands Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    13 分钟
  7. #54: Specialization v. Broader Practice: Navigating Career Paths for Associates in BigLaw

    1月8日

    #54: Specialization v. Broader Practice: Navigating Career Paths for Associates in BigLaw

    In today’s episode, I dive into one of the most important decisions lawyers in large law firms face: whether to specialize in a specific practice area or maintain a broader portfolio of work. Drawing from my own experiences and years of coaching attorneys, I discuss how to assess the benefits and risks of specialization, navigate the expectations of your firm, and balance developing expertise with building a resilient and adaptable skill set.  I share real-world examples of lawyers who have successfully crafted their careers by understanding when to focus and when to broaden their practice, offering actionable advice for associates and partners alike. Whether you’re starting your career, planning a lateral move, or considering a pivot, this episode provides practical strategies for standing out in Big Law. At a Glance: 0:00 Introduction to today’s focus on specialization and flexibility 1:20 The question of broad versus specialized practice areas 2:05 Identifying your short- and long-term career goals 2:48 Early trial experience: balancing courtroom skills with specialization 3:32 Choosing the right firm and practice area to advance your expertise 5:12 How to differentiate yourself within competitive practice groups 6:49 The importance of maintaining a broader skill set for market resilience 7:57 Why firms value adaptability in associates and partners 9:09 Pivoting into high-demand areas like healthcare law 9:30 Understanding the concept of "legal athletes" in in-house roles 11:27 Broader skills essential to success: management and budgeting 12:18 Final thoughts on balancing specialization and flexibility Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    13 分钟
  8. #53: Take Control of Your Career in the New Year

    1月1日

    #53: Take Control of Your Career in the New Year

    In today’s episode, I examine strategies to help lawyers navigate a successful start to the new year in large law firms, touching on topics such as avoiding time traps, setting achievable goals, and maintaining work-life balance.  I share real-world examples, actionable steps, and personal insights to address challenges unique to the legal profession, including managing non-billable tasks and actively shaping your career path. If you’re looking to step into the new year with intention and clarity, this episode offers practical advice to make the most of your time and energy. At a Glance: 0:00 Introduction to today’s focus on starting the new year strong 02:02 The importance of avoiding last year’s mistakes and saying “no” 03:13 Prioritize meaningful opportunities and balance workload effectively 04:10 Move forward from past setbacks and focus on future plans 05:24 Set actionable priorities for the year with specific goals 06:24 Engage with your network strategically to grow client relationships 08:15 Proactively meet new colleagues and build internal connections 09:18 Set a timeline for your professional goals and sticking to it 10:41 Use trackers and schedule to stay accountable and avoid frustration 11:07 Take ownership of your career path and seek better opportunities 12:14 Avoid passivity and actively shape your work experience 13:04 Identify changes to move forward when feeling stuck 14:16 Assess physical and mental health to maintain balance 15:07 Build better rest habits to improve focus and productivity 16:28 Encouragement for the new year and ways to connect Rate, Review, & Follow on Apple Podcasts & Spotify Do you enjoy listening to Big Law Life?  Please consider rating and reviewing the show! This helps support and reach more people like you who want to grow a career in Big Law.  For Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the podcast here!  For Spotify, tap here on your mobile phone, follow the podcast, listen to the show, then find the rating icon below the description, and tap to rate with five stars. Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her: www.lauraterrell.com  laura@lauraterrell.com   LinkedIn: https://www.linkedin.com/in/lauralterrell/  Instagram: https://www.instagram.com/lauraterrellcoaching/  Show notes: https://www.lauraterrell.com/podcast

    17 分钟
查看全部 60 集

4.8
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关于

On Big Law Life, Laura Terrell and her guests discuss the strategies, steps, relationships and communications you need to navigate the world of large global and national law firms, from the perspective of lawyers, business and legal professionals, in-house counsel, and others with experience working in and around this environment. Laura dives into what you want to know about BigLaw but didn’t learn in law school and what wasn’t covered in your law firm orientation. To learn more about how she works with attorneys and to access her blog and resources, go to www.lauraterrell.com

信息

  • 创作者
    Laura Terrell
  • 活跃年份
    2024年 - 2025年
  • 单集
    60
  • 分级
    儿童适宜
  • 版权
    © 2024
  • 节目网站
    Big Law Life

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