US firms see record year for laterals as 2,500 partners swap firms in 2008
Leading US law firms saw a record year for lateral moves in 2008 despite the financial downturn, with a 4% increase in partner moves during the year. Research from Legal Week sister title The American Lawyer found that 2,509 partners in Am Law 100 and 200 firms transferred to rivals over the course of 2008. K&L Gates took on the most lateral partners, bringing in 185 over the period, followed by Reed Smith with 74, DLA Piper with 58 and Jones Day with 57.
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