The Lawyer's Edge

Tina Solis | The Lateral Playbook: What Lawyers Need to Know Before Changing Firms


Listen Later

Tina Solis is a partner at Nixon Peabody. She has built a national practice advising lawyers and law firms on high-stakes professional and business transitions. She's particularly known for representing individual attorneys and groups making lateral moves, helping them navigate complex partnership agreements, fiduciary obligations, and departure issues to protect their interests and minimize risk.

In addition to her lateral move work, Tina counsels firms on partnership disputes, mergers, succession planning, and dissolutions, drawing on her deep experience to guide clients through sensitive and often high-pressure situations. She also leads the firm's Financial Institutions & Banking Disputes team, which represents institutions and individuals in a full range of civil litigation, enforcement matters, Financial Industry Regulatory Authority (FINRA) arbitrations, and compliance investigations on issues such as consumer protection, fair lending, anti-money laundering, and violations of fiduciary duties.

WHAT'S COVERED IN THIS EPISODE ABOUT SUCCESSFUL LATERAL MOVES

Making a lateral move can be one of the most exciting—and stressful—decisions in a lawyer's career. Yet many attorneys focus on the end result, like a new role or better opportunities, without carefully mapping out the steps to get there.

Missteps happen more often than you'd think, and the consequences can be severe, from forfeiting significant compensation to facing contempt charges. From understanding partnership agreements to timing the transition, there are key considerations that can make the difference between a smooth move and a difficult one.

In this episode of The Lawyer's Edge podcast, Elise speaks with Tina Solis about why it's essential to approach a lateral move with the same care and planning you'd devote to a major client matter. Tina shares practical advice on how to prepare, avoid common missteps, and make informed decisions that protect your reputation, relationships, and future success.

1:51 - Current market overview for lateral moves post-COVID

5:41 - Timing and financial considerations before changing firms

10:18 - Four common reasons for transitioning to another firm

15:34 - How to prepare and do your due diligence before moving

19:24 - Professionalism and preserving your reputation when leaving

22:26 - What to consider with your new firm

23:59 - Common mistakes lawyers make during transitions

32:35 - Frequency and nature of lateral moves today

36:24 - Key advice for successfully making a lateral move

MENTIONED IN THE LATERAL PLAYBOOK: WHAT LAWYERS NEED TO KNOW BEFORE CHANGING FIRMS

Nixon Peabody LLP | LinkedIn | Instagram | Twitter/X

Connect with Tina on LinkedIn

Get connected with the coaching team: [email protected]

The Lawyer's Edge

SPONSOR FOR THIS EPISODE

Today's episode is brought to you by the Ignite Women's Business Development Accelerator, a 9-month business development program created BY women lawyers for women lawyers. Ignite is a carefully designed business development program containing content, coaching, and a community of like-minded women who are committed to becoming rainmakers AND supporting the retention and advancement of other women in the profession.

If you are interested in either participating in the program or sponsoring a woman in your firm to enroll, learn more about Ignite and sign up for our registration alerts by visiting www.thelawyersedge.com/ignite.

...more
View all episodesView all episodes
Download on the App Store

The Lawyer's EdgeBy Elise Holtzman

  • 5
  • 5
  • 5
  • 5
  • 5

5

19 ratings


More shows like The Lawyer's Edge

View all
This American Life by This American Life

This American Life

91,047 Listeners

Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,732 Listeners

Real Time with Bill Maher by HBO Podcasts

Real Time with Bill Maher

16,395 Listeners

The Rainmaking Podcast by Scott Love

The Rainmaking Podcast

49 Listeners

New Solo by Legal Talk Network

New Solo

115 Listeners

Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community Table by Legal Talk Network

Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community Table

31 Listeners

Maximum Lawyer by Tyson Mutrux

Maximum Lawyer

203 Listeners

Pod Save America by Crooked Media

Pod Save America

87,588 Listeners

The Daily by The New York Times

The Daily

112,734 Listeners

The Double Win by Michael Hyatt & Megan Hyatt-Miller

The Double Win

1,435 Listeners

Strict Scrutiny by Crooked Media

Strict Scrutiny

5,774 Listeners

BE THAT LAWYER by Steve Fretzin

BE THAT LAWYER

51 Listeners

Profit First for Lawyers by Team RJon | RJon Robins

Profit First for Lawyers

25 Listeners

The Renegade Lawyer Podcast by Ben Glass

The Renegade Lawyer Podcast

10 Listeners

Good Hang with Amy Poehler by The Ringer

Good Hang with Amy Poehler

10,087 Listeners