Large Firms
Oct. 2, 2010
Law Firms Wary of Lateral Hires
Still smarting from the blows of the recession, law firms are raising their standards for lateral partner candidates by demanding larger books of business and more buy-in from partners to bring in new blood.
Daily Journal Staff Writer
Smarting from the blows of the recession, law firms are raising their standards for lateral partner candidates by demanding larger books of business and more buy-in from partners to bring in new blood. And some firms have implemented more rigorous performance reviews to evaluate how new hires are doing.
Firms say hiring the right candidate reduces exposure to liabilities the wrong hir...
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