It’s a busy time for lateral-partner hiring. Whether it’s through an acquisition of another firm or through individual hires, almost all firms are actively looking for, or very much open to, this kind of growth opportunity. Firms know that hiring a lateral partner with a book of business is the quickest way to increase revenues and expand the scope of their work.
As a legal-search consultant, I regularly meet with law firms that are anxious to recruit partners with $1 million or more in business who can help expand their existing practices. I often hear comments such as, “We’re very anxious to meet with partners in any of our practice areas, so long as they have big books of business.”
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