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
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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