Lateral Partner Moves Surge in Chicago, With Strong 'Momentum Going Into 2024'
"The momentum going into 2024 suggests that 2024 might well exceed 2022 and 2023," Macrae CEO Carter Brown said about lateral partner moves.
August 10, 2023 at 05:00 AM
4 minute read
The original version of this story was published on The American Lawyer
Big Law has rapidly added lateral partners in Chicago this year, as demand rises and lateral activity is poised to accelerate across the industry, according to some recruiters and analysts.
Through the first two quarters of 2023, overall partner moves are down from where they were last year at this time, according to reports. But the numbers are still up relative to the long-term average, and partner laterals in the Windy City, in particular, have surged 83% relative to the last six years, according to intelligence firm Decipher. Along with Charlotte and Nashville, Chicago saw some of the highest growth in lateral partner moves in the last quarter.
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