Episode 118-Paths to Partnership in 2023 and Beyond-With Laura Terrell

Achieving partnership was once the goal of most  law firm associates.  The rules were relatively simple.  Work hard, do a good job, and after several years, get rewarded by being elevated. Today the law firms are more complex.  Many associates entering the practice of law do not aspire to become partners, at least not at the first firm they join. And at many firms, there are different paths to success which don’t include equity partnership. So, how should a young associate navigate these new realities? What is the path to partnership in the 2020s and what are other ways to define success in private practice.  How do you get there?  What is the impact of hybrid work arrangements on career advancement and professional development? My guest Laura Terrell has some answers. Laura Terrell is an executive coach with over 25 years of professional experience as a legal and business leader. Prior to launching her coaching practice, Laura was a Special Assistant to the President at the White House, a senior level appointee at the US Department of Justice, an equity partner in two large global law firms, and in-house counsel at a major global consulting and business advisory firm. Laura has led and managed teams of hundreds of people across multiple countries and has been a top advisor for many Fortune 500 and FTSE 100 companies. Her clients come from a wide variety of industries, including law, education, financial services, pharmaceutical, oil & gas, non-profit, health care, and technology. Some of them are senior corporate executives like CEOs and general counsels; others are lawyers and consultants, entrepreneurs, and small business owners, as well as professionals who may be returning to the workforce, making a pivot to a new career, or switching roles mid-career. Laura is my favorite kind of guest because she has such a broad perspective on the legal industry and has experienced legal careers from all sides. Additional Resources   Episode 80-Leadership for Lawyers-Moving Up in Your Law Firm or Corporate Law Department Episode 73-Managing and Advancing Your Law Firm Career    

Om Podcasten

Counsel to Counsel is a periodic podcast produced by Stephen Seckler of Seckler Attorney Coaching (www.counseltocounsel.com). It addresses important career, marketing, and leadership issues facing attorneys. The target audience is associates, counsel and partners at law firms of all sizes; but the podcast also addresses issues that are relevant to in-house counsel, law students or any lawyer who is looking for career insights inside or outside of the law. Counsel to Counsel is aimed at individual lawyers who are looking to increase their own career satisfaction and build their marketing and leadership skills. The podcast features interviews with leading consultants, career professionals and marketing experts who advise attorneys on careers, marketing, law firm management and related issues. The guests are also a roster of successful attorneys who have found career satisfaction inside and outside the law. Counsel to Counsel is a direct outgrowth of the blog Counsel to Counsel which Stephen Seckler has been publishing since 2005. Since graduating from law school in the late 1980s, Stephen Seckler has been advising lawyers on career and marketing issues and working with a broad mix of law firms and corporate law departments. He began blogging when legal blogging was in its infancy and his blog Counsel to Counsel was named to the ABA Journal’s Blawg 100 in 2007 and 2008 (the first two years that list was in existence). Steve has written extensively on career and marketing issues and he has spoken at many law school, law firm and bar association events. He served on the Boston Bar Association’s Standing Committee on Work Life Balance and was Vice Chair of the Law Practice Management Section of the Massachusetts Bar Association. He is active in the Senior Lawyers Division of the American Bar Association, the ProVisors business network, and has been quoted frequently in the legal and business press.