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LSDefine
Simple English definitions for legal terms
rainmaker
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A quick definition of rainmaker:
A rainmaker is a special kind of lawyer who is really good at bringing in new clients to their law firm. They are like salespeople for the law firm and help the firm make a lot of money. Rainmakers are very important to their law firms and are usually partners. They are called rainmakers because they bring in new business like rain brings water to plants.
A more thorough explanation:
A rainmaker is a lawyer who is very good at bringing in new clients and business for their law firm. They are usually partners in the firm and have a special talent for sales. Rainmakers are different from other lawyers because they have a unique ability to attract new clients and generate revenue for the firm.
For example, if a law firm is struggling to find new clients, they might turn to their rainmaker to help. The rainmaker might use their networking skills to connect with potential clients or use their persuasive abilities to convince clients to choose their firm over others.
Another example of a rainmaker is a lawyer who consistently brings in at least $4 million in business for their firm each year. This shows that they are very successful at generating revenue and attracting new clients.
Overall, rainmakers are highly valued in the legal industry because they help their firms grow and succeed by bringing in new business.