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Jessica Gangjee, Burns White Jessica Gangjee, Burns White

More than ever, law firms are relying on lateral recruiting as a primary growth strategy for increasing revenue. Unfortunately, many lateral hires fail to meet law firm expectations. Studies show that up to 38 percent of lateral hires leave within five years, and an estimated 41 percent are “unsuccessful,” according to a global lateral hire risk mitigation study by Decipher and Citi Private Bank Law Firm Group as reported by ALM.

 

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