Leaders of midsized firms in New York say the combination of large law firms' high billing rates and restrictions on handling smaller matters has contributed to a strong lateral market for midsize practices, but note that they never assume a lateral's business is as portable as she says it is.
December 04, 2013 at 12:00 AM
1 minute read
Leaders of midsized firms in New York say the combination of large law firms’ high billing rates and restrictions on handling smaller matters has contributed to a strong lateral market for midsize practices.
Large firm partners exploring a move to smaller firms are reporting the difficulty of growing their practices with smaller and mid-market clients, according to leaders of firms with under 200 attorneys.
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