Increased competition for midlevel partners means law firms have been paying more for a candidate’s book of business. "This is extremely risky," analysts wrote.
November 02, 2022 at 05:00 AM
5 minute read
Editorial
The original version of this story was published on The American Lawyer
The market for lateral partners looks noticeably different this year.
The pool of midlevel partner candidates appears to have “dried up,” according to analysts at investigative intelligence firm Decipher, with law firms increasingly bringing on cheaper, less-experienced junior partners who have smaller books of business.
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