Credit: The Little Hut. AdobeStock NY Lateral Partner Moves Spike, Especially in PE and Funds Practices
"Prudent firms are strategically hiring to set themselves up for the future, while not over-hiring like they did a few years ago," noted Tad Gruman, a New York-based managing director and recruiter at Macrae.
October 18, 2024 at 03:45 PM
3 minute read
Law Firm Hiring
What You Need to Know
- A new report from Macrae found that lateral partner hiring increased in the first three quarters of 2024 compared with the first quarters of 2023.
- Increases were most notable in the private equity and investment management/funds practice areas, according to the report.
New York lateral partner hires in Am Law 50 and Magic Circle firms have grown substantially in 2024, with an uptick in moves in investment funds, private equity and other corporate practices, according to a new study.
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Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
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David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
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