Four legal business power players discuss the current market for lateral partners. Their verdict: It may be the most active period of movement in recent memory. Plus, a look at lateral numbers in 2009 at the nation’s largest law frms and in regional legal markets.
Winning the battle for lateral partners
How do law firms succeed in the increasingly tough fight for top talent? NLJ editor-in-chief David Brown discussed the current state of the lateral market with Lynn Mestel, one of the nation’s most prominent legal recruiters, and with the chairs of three top firms — J. Warren Gorrell of Hogan & Hartson, R. Bruce McLean of Akin Gump Strauss Hauer & Feld and Thomas Milch of Arnold & Porter.
For big firms, a moveable feast
In 2009, more than 2,700 partners left or joined the Am Law 200, with litigators leading the way.
Was the lateral flight from AmLaw firms to startup boutiques worth it?
Lawyers are betting they can do the same high-quality work for less — and enjoy it more — under their own shingle.
