Law Practice
Mar. 20, 2014
Firms' castoffs can be boon for others in search of talent
Firms' cost-saving measures are triggering departures, and legal experts say the fallout could bode well for other firms looking for laterals.
Daily Journal Staff Writer
In an increasingly difficult lateral market, some law firms' responses to a sagging bottom line can turn into a boon for other outfits looking to grab talent.
Firms that saw profits drop last year might be taking the first couple quarters of 2014 to trim and cut - de-equitizing partners, reducing headcounts or slashing compensation. These decisions can often trigger departures, and legal ...
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