A recent analysis found that half the quarterbacks selected as first-round NFL draft picks turn out to be busts. Lateral partner hiring has a similar failure rate: nearly 50% of lateral partners leave their new law firm within five years. In both industries, evaluators tend to prioritize quantifiable metrics, giving insufficient weight to character traits.
In a new article published in Law360, Howard Rosenberg, partner and head of B+B’s Talent Intelligence & Acquisitions practice, explains why law firms should balance traditional metrics with a deeper understanding of character traits to improve their lateral hiring.
Download the article to explore Howard’s insights.
Takeaways:
- Measurables such as billings, originations, and portable business projections do not tell the full story.
- Comprehensive due diligence entails speaking with many sources about a candidate’s character.
- Robust talent assessments can help both NFL teams and law firms bring in more stars and fewer busts.
