Only halfway through this calendar year, The Legal Intelligencer has already tracked more lateral partner moves in Philadelphia than during all of 2004.
Recruiters, consultants and managing partners all have taken notice of this increased activity and have various theories as to what’s behind the upswing. Some say it is merely a product of the improving economy. Others say more firms are making strategic decisions about what practices they want. And others believe lawyers are becoming more sophisticated and critical about the way their firms are being run.
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