The remaining 76 deals embraced about 875 lawyers, less than a dozen on average, the size of a decent practice
group lateral move, or a geographic or practice group boutique «bolt on.»
Not exact matches
The two
groups have had similar numbers of
lateral moves (same - level job assignments in different functions, designed to give high potentials exposure to various parts of the business).
Venable grabs a five - lawyer IP
group in Washington, D.C.; Sullivan & Cromwell makes a rare
lateral hire; and a nine - lawyer health care
group is on the
move in Birmingham.
Lateral partners with attractive portfolios and even entire practice
groups move firm to firm — something unheard of 20 years ago, according to the article.
«Anecdotally, we are seeing an increase in attorneys at all levels looking to make
lateral moves,» said Randi Lewis, managing director of the law firm practice
group at Major, Lindsey and Africa.
While clients may well follow some
lateral moves (apparently, in particular, when the
move involves
groups or whole practice areas), it still requires a non-trivial amount of work on the client side.