Credit: Summit Art Creations/Adobe StockIn Free Agent Lateral Era, Big Law Has 'Entire Teams Dedicated to Identifying' Top Talent
Lateral partner recruiting has "transformed into a distinct professional function" within Big Law, a Leopard report says.
January 06, 2025 at 06:00 AM
4 minute read
In today’s talent war, law firms have turned partner recruiting into a dedicated professional task, often with entire teams controlling a purse of millions of dollars. The average law firm budget for hiring lateral partners is now more than $4 million, and a majority of firms expect lateral hiring to be the primary driver of their growth in 2025, according to a new report.
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