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Law firms have continued to create and fill C-suite roles with business experts—or at least business-first lawyers—as Big Law continues getting bigger and more profitable.
Mayer Brown terminated partner David Kreisler within two months of his hiring after becoming aware of social media posts on X.
Fewer clients on average are sticking with lateral partners, recent research suggests. But practice areas, experience, and regions of the country also appear to have an effect.
In a statement Friday, a Wilmer spokesperson said the firm remains confident it will succeed.
A group of first-years will start later than expected.