In the first few months of 2009, Pennsylvania law firms were cutting staff and attorneys. In 2010, lateral hires and group acquisitions seem to be the trend.
But not all consultants are convinced this is a sign of things to come.
In 2010, lateral hires and group acquisitions seem to be a trend for Pennsylvania law firms. Blank Rome, Marshall Dennehey and Morgan Lewis & Bockius are some of the firms that have added laterals to their rosters in the past two weeks. But not all consultants agree the trend will last. Jerome Kowalski warns firms to be cautious, saying, "My expectation is that after this initial spurt of lateral activity, these law firms are all going to be terribly disappointed because the business flow just isn't there."
January 15, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In the first few months of 2009, Pennsylvania law firms were cutting staff and attorneys. In 2010, lateral hires and group acquisitions seem to be the trend.
But not all consultants are convinced this is a sign of things to come.
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