Taking London – the US firms swooping in on the City's top talent
The Olympic stadium wasn't the only venue for record setting in London in 2012.
March 27, 2014 at 06:09 AM
16 minute read
International firms continued to carve swathes of partners out of their UK counterparts in 2013. Alex Newman analyses who is winning in the battle for London's talent
The Olympic stadium wasn't the only venue for record setting in London in 2012. A few miles away – but admittedly attracting far less attention – partner hiring across the City arms of the largest US and international law firms surged to unprecedented levels.
To some extent the hiring of 127 partners by this group of firms was driven by a flood of senior exits from collapsing New York outfit Dewey & LeBoeuf. But even without the largest law firm failure in history, lateral recruitment would have been up more than 10% on the previous year, according to Legal Week research.
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