It was a year of perpetual motion in 2015, with big law firms roping in more lateral partners than any year since 2009. A mass lateral hire by Morgan, Lewis & Bockius helped Am Law 100 moves increase 5.6 percent over the prior year, and several firms made headline-grabbing hires from their rivals and government agencies. The vigorous job-hopping occurred despite growing skepticism by industry experts about the value of lateral hiring and its contribution to firms’ bottom lines.
The Big Law Lateral Hiring Frenzy Continues
Lateral activity at Am Law 200 firms continued to flourish in 2015, our Lateral Survey shows. Are firms and potential hires doing enough due diligence?
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