Lauletta Birnbaum Law Firm reflects upon the success of its Apprenticeship Program
Review of the eight-year-old Program confirms its success; graduates of the program have become law firm partner, general counsel of a large corporation, a Judge Advocate for the U.S. Army, and an attorney at the U.S. Customs and Border Protection.
"Big law firms compete to secure the best and brightest law school graduates with higher compensation;
"However," Lauletta continued, "there are great young applicants that just miss the large law firm cut and their main concern is – or at least it should be – to gain quality experience and training to help propel them into a long and successful legal career."
Frank and Lloyd recognized a problem for hard-working recent graduates: despite being at the top of their class, they could not land a Big Law position because the competition is so stiff. At the same time, middle-market businesses – lacking the deep pockets of major corporations – were struggling to find the high-quality legal representation they demand. Their response was the Apprenticeship Program that they set up at their law firm in response to these two problems. Instead of promising top compensation, the Firm promises to focus on training – not only in the law, but also in the business of law. The Firm doesn't want associates in the Program to worry about billable hours or how much revenue they generate. Instead, said Lauletta, "we want them to focus on learning what makes clients happy, such as lightning-fast response times, setting reasonable expectations, delivering what we say we are going to deliver on time, and of course quality work product. As young attorneys in our Program begin to develop these qualities, they start to work directly with clients to hone their communication skills."
The Program is a win-win for both attorneys and clients. Lauletta Birnbaum its first-year associates at low rates, well below even paralegal rates at most large Philadelphia firms. Thus, legal services become more affordable for middle-market businesses, and Program Participants gain valuable professional experience, including direct client contact.
Since its inception in 2010, ten attorneys have completed the Program; six of those ten attorneys still work for Lauletta Birnbaum, and one recently made partner. As for the participants who left the Firm, Lloyd Birnbaum said: "we are extremely proud that they have used our platform to propel themselves into top-notch positions around the country." Indeed, they have been quite successful. Among the Program Graduates is a general counsel of a large corporation, an attorney at an international law firm, a Judge Advocate for the U.S. Army, and an attorney at the U.S. Customs and Border Protection. Concluded Birnbaum, "It's really exciting to see all of our participants thriving because it confirms the success of the vision we had over eight years ago."
About Lauletta Birnbaum:
Lauletta Birnbaum provides a range of corporate, transactional, intellectual property, and litigation services to private and public companies throughout the country in various industries such as software, high technology, energy, media, banking and real estate development and leasing. Designed to maximize flexibility and value in this challenging business climate, the firm offers real-world business strategy and legal expertise, often serving as outside general counsel to its clients. To learn more, visit lauletta.com.
Co-Founder Frank Lauletta is an experienced corporate attorney who has many years of "hands on" experience in private and public companies. His practice focuses heavily on representing and counseling a broad array of companies in corporate transactions such as venture capital, corporate finance, and mergers and acquisitions. Frank also has extensive experience representing companies and shareholders in connection with drafting and negotiating shareholders agreements and buy-sell agreements and also frequently represents clients involved in partnership disputes and shareholder oppression actions. with his broad legal experience, executive-level background, and extensive relationships in the legal, venture capital, and high technology communities, Frank is uniquely suited to serve as outside general counsel to clients. Working closely with executive management teams, Frank currently serves in this capacity to a number of software and other technology-based companies throughout the United States.
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