Credit: Alphavector/Shutterstock To Stem Lateral Movement, Firms Are Adding Clawback Clauses in Partnership Agreements
Law firms are increasingly using "golden handcuffs" to go after the hefty bonuses and other incentives previously paid to a lawyer looking to leave.
March 22, 2022 at 06:40 AM
11 minute read
The original version of this story was published on The American Lawyer
As law firms face mounting pressure from the talent wars, many are attaching strings to their partnership agreements in order to protect their partnerships and forestall lateral departures in a high-demand market.
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