Lawyers, particularly those at AmLaw 100 or UK Magic Circle firms are generally well-compensated professionals. Granted, attorneys at these law firms rarely take home as much as their peers in banking, but lawyer compensation is rarely the chief complaint of lateral partners seeking to switch firms. Rather, primary motivations typically include the desire to avoid [...]
June 13, 2011—“Although The American Lawyer reports that over 2,000 big firm law partners switch firms each year, the majority of partner-level lateral candidacies fail,” according to attorney and legal recruiter Adam S. Weiss, author of a new book entitled The Lateral Lawyer: Opportunities & Pitfalls for the Law Firm Partner. “The timing is definitely [...]
The 2010 year showed that, while short of the banner year of 2009, when close to 3000 partners moved laterally, lateral partner recruiting is still strong in the NLJ-250. From Bingham’s acquisition of McKee Nelson (120-person tax and structured finance specialists in Washington DC), to smaller 1- and 2-person moves, partners throughout the top firms [...]
California’s lateral intellectual property partner market is robust, as demonstrated by some significant recent (2011) moves. For example, in March, Washington, DC-based Dickstein Shapiro has expanded its West Coast intellectual IP practice with the recruiting of an office in Silicon Valley (Redwood City). The office, which now comprises 7 attorneys, was formed by the recruitment [...]
June 22, 2011–New York-based Kasowitz, Benson, Torres & Friedman LLP announced today that leading real estate attorneys Wallace L. Schwartz and Adam M. Endick have joined the firm as partners to launch the firm’s real estate practice. Both were formerly with Skadden, where Mr. Schwartz served as global head of Skadden’s Real Estate Group. According [...]
Attorney recruitment at the partner level appears to be picking up in 2011, with legal recruiting firms doing more business than in 2010, according to anecdotal evidence gleaned from reports in the legal trade press. Whether partner level attorney recruitment will surpass the record 2,775 moves reported in The American Lawyer for its AmLaw 200 [...]
Implications for lateral legal recruiting, e.g., bankruptcy legal recruiting. Despite the lingering effects of the 2008-2009 recession, some law firms are benefitting from strong countercyclical practices. Such may be the case at Cadwalader, where government investigations and antitrust- and financial services litigation have reportedly been strong. And Curtis Mallet reports a 24% rise in profits [...]
Global legal recruiting continuing strong The year 2010 furnished more evidence that US-based firms are seeking international legal recruitment, with a continuing trend toward expanding their geographic footprints. For example, demonstrating that European legal recruitment is quite active, K&L Gates opened two new offices in 2010 (Tokyo and Moscow), with Brussels slated to open in [...]
It seems four Latham & Watkins newly recruited partners have made a New Year’s resolution to move on: M&A partner David Schwartzbaum (New York), commercial and IP litigator Kenneth Fitzgerald (San Diego), and IP litigators Emmanuel Baud and Jean-Christophe Tristant (Paris). The partner recruiting took place in New York, San Diego, and Paris. San Diego [...]
