Firms still confident of growth via laterals
Senior lawyers remain convinced that hiring partners is an effective way to build their firm’s business despite concerns over the difficulty of finding and integrating promising candidates. The latest Big Question survey found that 64% of respondents believed hiring partners laterally was an effective means of strategically developing a law firm, including 15% who said it was ‘very effective’. A further 32% felt it was ‘quite effective’ while 4% said it either did not work or was counterproductive.
Despite scepticism about the role of recruiters and law firms’ efforts to integrate new partners, a clear majority still put their faith in laterally-hired partners. Sofia Lind reports
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