One of the last bastions of law firms operating as a profession—the near certainty that a lifelong partner of the firm would be the one at its helm—appears to be changing as a number of Pennsylvania firms in recent years have looked to outsiders to fill leadership voids.
“I think managing law firms is going to become a legitimate career path and, as that happens, just like you see CEOs move between companies, I think you’ll see people move between law firms,” Altman Weil principal Ward Bower said.
