Rainmaker Law and Legal Definition

Rainmaker is an employee who brings a significant amount of new business to a company. This term is often used in the context of a financial services company, such as a brokerage. A rainmaker may also be someone who creates a lot of business for himself/herself. A rainmaker is also a person who can initiate progress, take a leadership role, and have the drive to succeed. It is important for an entity to cultivate new generations of rainmakers as a rainmaker is considered a key person who continually brings in new business, or enhances the existing business.

In the legal context, a rainmaker can be a lawyer who brings many clients to a law firm. In other words, a rainmaker is a lawyer who generates a large amount of business for a law firm usually through wide contacts within the business community.