In private firms, lawyers who control a significant volume of
portable client business often are willing to leave their offices to form new partnerships or join other law firms.
Not exact matches
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It's arguably fair to say that «partners who... viewed
clients as nothing more than
portable commodities» consider the law a
business as opposed to a profession.
Are there midlevel associates who are generating that much in
portable business (after all, it seems as if partners have even more incentive to hang on to all
client matters to retain their equity statuts)?
Those most likely to be able to make such moves were the «rainmakers» (the people who brought in the
clients and, hence, the money) with a large «
portable book of
business» (meaning their
clients would follow them to the new firm).
«The reality is most firms are looking to add partners with viable books of
business and
portable clients, regardless of the practice area.»