Law Practice
Mar. 20, 2013
Hot lateral market keeps pace in 2013
Because some firms have been burnt by lateral partners who overpromised and underdelivered, due diligence is now greater. By Sandy Lechtick
There are four questions that partners have been asking lately: (1) Why have there been so many partners changing law firms? (2) What's my opinion about the 2013 legal market? (3) Do I see any major firms failing? (4) How has the economic climate specifically affected the placement business in the last few years?
The answer to the first question is, there is a combination of several trends all intersecting at the same time in a per...
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