All The Right Moves


Despite the worst overall job market for lawyers in decades, American Lawyer recently reported that there were a record number of lateral partner moves involving the firms listed in its AmLaw 200 ranking. There were 2,775 partners who left or joined the biggest firms in the country — a nearly 11 percent increase in mobility over the year before. When one thinks of the overheated lateral market right before the Great Recession, such a statistic is eye-opening. But it seems logical to conclude that firms add lawyers only to meet specific client demands and because the firm has a strategic goal for the practice of each lawyer added. Hiring fresh out of law school has been de-emphasized, perhaps for good, as firms emphasize lateral hiring of experienced associates and partners who have specifically desired skills or a strong book of business.

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