Biglaw, Lateral Moves, Quote of the Day

Quote of the Day: That’s One Stinky Cologne

After staying away in 2010, firms have returned to the lateral market at boom-time levels. But this hiring binge is driven by desperation, not a thriving economy.

– A headline seen in today’s edition of the American Lawyer. The magazine confirms that in 2011, 2,454 partners left or joined Am Law 200 firms. Lateral hiring might be up, but at what cost?

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