In today’s episode, I share actionable advice on how to handle being laid off, from the importance of understanding any severance agreement to securing references, and updating professional profiles. I discuss the importance also of maintaining professional relationships, and preparing a clear explanation for future employers about why you left your prior firm.
My goal is to prepare you to be in a strong position when you part ways with your firm, so that you have a clear plan for securing your next role.
At a glance:
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01:09 - Navigating layoffs in big law firms post-pandemic
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01:38 - Reasons for layoffs and the importance of not taking it personally
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02:38 - Immediate steps after being laid off: reviewing severance agreements
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03:26 - Key considerations in severance agreements, including non-disclosure clauses and severance pay
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04:44 - Negotiating terms of severance agreements and outplacement services
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05:28 - Handling personal files and client materials upon departure
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06:15 - Securing references from colleagues and supervisors before leaving
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07:17 - The importance of reaching out to mentors and supporters for references
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08:16 - Broadening the net for references, including clients and former colleagues
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08:50 - Updating employment status on LinkedIn and with professional associations
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10:20 - Ensuring accurate representation of current employment status
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11:02 - Preparing a clear and concise explanation for job departures
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12:13 - Crafting and practicing your "elevator speech" for potential employers
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14:11 - The importance of feeling confident and prepared during job transitions
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14:59 - Conclusion and encouragement to stay informed and prepared
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Interested in doing 1-2-1 coaching with Laura Terrell? Or learning more about her work coaching and consulting? - here are ways to reach out to her:
www.lauraterrell.com
laura@lauraterrell.com
LinkedIn: https://www.linkedin.com/in/lauralterrell/
Instagram: https://www.instagram.com/lauraterrellcoaching/
Show notes: https://www.lauraterrell.com/podcast
Big Law Life