Lateral Hiring (Joiners)
Lateral hiring is an effective way for firms to improve client service and shareholder value. By bringing on skilled lawyers with valuable relationships, firms can better serve existing clients, win new business, increase revenue, and boost their reputation.
But taking on laterals is also a complex and risky enterprise — organizations typically must collect detailed information from candidates about past and existing representations, quickly execute conflicts checks, and address critical compliance and operational requirements — all prior to the lawyer’s first official day in the office.
And in today’s environment, it’s vital that any problems are resolved promptly, as firms face serious consequences, including disqualification, soured client relations and negative press coverage, for even short delays. For example, in 2015, an Am Law 100 firm was disqualified due to a two day delay in erecting an ethical screen [Signature MD, Inc. v. MDVIP, Inc. (C.D. Cal. Jan. 20, 2015)].
The Intapp Solution – A Swifter, Smoother Experience
Intapp provides firms with an integrated approach to lateral hiring, offering software applications that streamline a complex and diverse set of challenges, covering the entire lifecycle of lawyer on-boarding. This lifecycle includes gathering information necessary for professional due diligence, clearing conflicts, enforcing required compliance measures, and enabling lawyers to be effective and productive the moment they walk into their new office at their new firm.
With native support for all key legal applications, Intapp software connects people, process and information — so that firms can focus on successfully executing their lateral growth strategies, without administrative barriers, delays and overhead.
Intapp Open offers team conflicts clearance which lets firms distribute search and clearance across multiple groups of analysts for fast, coordinated execution. And to simplify the process for lawyers, Intapp can work with firms to implement an externally-facing web portal, making it easy for incoming laterals to provide key background information on their client and matter history for quick clearance..
Intapp Walls makes it easy for firms to create timely, effective ethical screens. In applicable jurisdictions, quickly setting up information barriers and sending internal notifications is critical to protecting against disqualification. Tested and proven, Intapp Walls is the industry’s most-adopted confidentiality management software, adopted and endorsed by firms ranging in size from 35 to 4200 lawyers.
Intapp Flow provides workflow and process automation, so that laterals can be productive on Day One. Leveraging the industry-standard Intapp integration platform, it allows firms to automate user account setup and configuration of the key software systems lawyers need to do their jobs, and to update data repositories, including web sites, intranet directories and internal skill/KM catalogs.