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Forum (Forum & Focus)

Feb. 10, 2009

Integrating Laterals Requires a Solid and Specific Game Plan

Unrealistic expectations can derail a lateral's integration into a new firm, writes Karen Kaplowitz. - Firm Guidance

FIRM GUIDANCE

By Karen Kaplowitz

AmLaw 200 firms spent hundreds of millions of dollars in 2008 on lateral partner moves. American Lawyer's recent Lateral Report confirmed that over 2,500 partners in the AmLaw 200 changed firms, not counting the total effects of the demise of Heller Ehrman, Thelen and Thacher Proffitt. If one estimates conservatively that 3,000 partners each spent 20 hours agonizing, interviewing, dealing with clients and moving, a...

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