Clients are seeking a "better value proposition" as billing rates rise, said Craig Beaker, who moved with a 10-person group from Perkins Coie to Holland & Hart.
February 24, 2022 at 05:00 AM
4 minute read
Editorial
The original version of this story was published on The American Lawyer
Elite law firms aggressively increased their billing rates last year amid sky-high demand. And that’s contributing to more lateral movement—and opportunities—for firms up and down the Am Law 200.
In one of the latest examples of rate pressure contributing to lateral moves, a 10-person trademark team is moving from Perkins Coie to Holland & Hart’s Colorado offices, with the lead partner citing rates as a factor in their decision.
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Denver skyline. Shutterstock.com
Craig Beaker, of Holland & Hart. Courtesy photo
