Law Firms' 'Failed Hires' Expected to Climb as Lateral Hiring Ramps Up
There's a "high likelihood" of an increase in departures from recently hired lateral equity partners, industry analysts say.
December 10, 2024 at 06:00 AM
6 minute read
As law firms aggressively recruit laterals into 2025, don’t be surprised to see more hiring misfires, too.
Law firms are committed to a “growth mindset” for the foreseeable future, and they’ll likely make more internal promotions as well as more lateral hires because of it, industry consultants and analysts say. “That said, not all these lateral hires will work out,” say the authors of the 2025 Citi Hildebrandt Client Advisory.
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