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Law Practice

Mar. 27, 2014

Law firms increasingly look to outside talent in executive hires

Top firms are actively recruiting managers - many of them nonlawyers - to help run what are increasingly billion-dollar global businesses, industry watchers say.


By David Ruiz


Daily Journal Staff Writer


The increasing complexity of the legal business, marked by a flat demand for services and falling realization rates, is fueling a hot market for nonattorney executives, law firm observers say.


The competition for C-suite talent such as chief executive, operations and marketing officers has heated up so quickly, experts say, in part because there are fewer potential candidates with the training to run a ...

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