X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Credit: Val Bochkov.

Lateral hiring in 2019 is a complicated task. The MeToo movement has placed lateral hires under a microscope, and with a recession anticipated to strike in the next few years, the risk involved in the lateral decision-making process is as high as it’s been. But despite it all, the lateral market remains a key source of growth used by nearly every member of the Am Law 200.

As Nicholas Bruch, Michael A. Ellenhorn and Howard Rosenberg wrote in the Laterals Report in the February edition of The American Lawyer, an estimated $17.1 billion in business moved with lateral partners over the past five years. Faced with so much risk and uncertainty, the authors contend, law firms’ lateral hiring process is due for an overhaul.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Ben Seal

Ben Seal is managing editor of The American Lawyer. He joined the magazine in February 2018, and previously spent five years working for The Legal Intelligencer, editing the paper's magazines and supplements and reporting on Pennsylvania's state courts, legislature and Attorney General's Office. Contact him at [email protected] or @BSealTAL.

More from this author

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

The Competitive Landscape is Changing

Where are competitors expanding? What practices are growing or shrinking, and where? Get the latest reports on lateral moves, liftouts, promotions, and more by accessing ALM's Legal Compass. Don't have a subscription? Click to get a free trial.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.