S5E29- Hiring the Right People and Jay’s Firm Exit Plan

On this edition of The Law Firm Blueprint, Seth Price and Jay Ruane discuss Ruane Attorney’s potential search for a second Sales Attorney as a contingency plan to take the burden off of one of his longtime employees. They go over the best ways to vet potential employees, and how to hire as a business owner with the intent of expanding a department rather than firing and replacing an employee.
Jay expresses how he wants to build up his team for a potential firm exit down the line, and Seth gives him advice on how he would conduct such an exit. Seth tells Jay that he may be sitting on a beach in “retirement” for the majority of the time, while still having a certain amount of involvement at the firm.
Seth and Jay also discuss international employees, how they have been beneficial for Seth at Price Benowitz in terms of intake, and how to handle the cultural differences that come with hiring across the globe. Finally, the pair discuss benefits and salaries in relation to hiring mid-level and junior employees in the current economy.
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