Law firms have certainly upped the ante when it comes to standardsfor lateral hiring, and that has accentuated the differences between two types of firms when it comes to getting partner buy-in for picking up new recruits.
In looking at open- versus closed-compensation systems, recruiters and firm leaders alike have said the clear advantage goes to firms with a closed-compensation model in terms of the ability to bring on lateral partners in the midst of this recession.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
