Wachtell Partner Departs for Latham's New York Office

With by far the highest profits per partner in the world, Wachtell, Lipton, Rosen & Katz is seen as the Mount Olympus of corporate law firms. It would seem Wachtell partners would be the least likely to defect to other firms. Yet Barry Bryer, one of Wachtell's most senior corporate partners, is set to leave the firm to join the New York office of Latham & Watkins. Some observers note a trend: Increasingly profitable firms are pulling off previously unthinkable lateral acquisitions.

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