Navigating the legal landscape can be challenging, especially in the nonprofit sector. The unique nature of nonprofit organizations, their tax status, corporate structure, operations, and compliance with specific laws, requires legal expertise with a specialized approach. Therefore, hiring a well-versed nonprofit lawyer is a crucial decision that requires significant strategic thought.

Nonprofit lawyers, or attorneys specializing in the non-profit sector, are indispensable for these organizations. They are experts in matters such as tax-exempt status, governance, corporate law, employment law, intellectual property, and other regulations unique to the nonprofit world. Their knowledge enables them to provide valuable counsel, ensuring organizations stay within the legal framework while pursuing their mission.

As the dynamics of hiring the right nonprofit lawyer for your organization is paramount, the process should not be taken lightly. The initial step would invoke the principles of 'rational choice theory' from economics, which dictate that individuals, or in this case, organizations, make decisions based on their objective to maximize utility. In this scenario, utility is the quality of legal services received. Consequently, your organization must establish the criteria that will maximize its utility before beginning the search process. Criteria might include experience level, specialty areas, cost, availability, location, and cultural fit.

Once the framework for decision making is established, the next phase entails sourcing potential candidates. This phase is informed by game theory, specifically the concept of 'perfect information.' Theoretically, in a game with perfect information, every player knows the exact payoff of every action at any given point. In practice, it is unlikely to have perfect information about every potential hire. However, it's essential to gather as much information as possible to make an informed decision. This can be achieved through referrals, online research, professional directories, and interviews.

Following the sourcing phase, the selection of the right candidate comes into play. This is where Pareto efficiency, an economic concept that measures the optimal distribution of resources, can guide the decision. Pareto efficiency occurs when no individual can be better off without making someone else worse off. Translated into the hiring process, the organization would aim to select a lawyer that meets its needs optimally without undermining budget constraints or other organizational requirements.

Once the lawyer is selected, a crucial aspect is the forging of a strong working relationship. This relationship can be understood through 'social contract theory,' where mutual agreement and collaboration form the basis of any social organization. Meaning, both parties agree to certain terms and work together to achieve common goals. It is essential that the nonprofit organization and lawyer understand each other's expectations and communicate effectively.

Lastly, a constant evaluation is imperative. This phase is guided by Bayesian statistics, a mathematical approach that allows for the updating of probabilities based on additional data. Basically, as you gain more experience with your nonprofit lawyer, you can reassess your initial decision and adjust accordingly.

While this process might seem rigorous, it is important to remember that the legal foundation of a nonprofit organization is fundamental to its success. The multiple intricacies that the nonprofit legal sector embodies require a lawyer with appropriate expertise and understanding. Ergo, the process of hiring the right nonprofit lawyer should be approached with the same diligence and strategic planning that go into other critical aspects of running the organization.

A well-chosen nonprofit attorney will not only provide necessary legal counsel but also become an integral part of your organization, navigating through legal complexities and providing informed advice to foster your organization's growth. So, take the time, do the research, and make a selection that will benefit your organization in the long run.

Remember, the successful navigation of the legal landscape in the non-profit world is a marathon, not a sprint. A right nonprofit lawyer is not just a legal consultant but a long-term partner in your organization's journey.