Quote of the Day: Look Before You Leap, Laterals!
Laterals, before you leap to your new firm, consider that it could be another Dewey-esque situation.
The number one priority is to generate revenue, and the quickest way to generate short-term revenue is to bring in a lateral partner with a good book of business. But it doesn’t always work. Look at Dewey.
— Russ Haskin, Director of Consulting and Services at LexisNexis, commenting on Biglaw’s continued lateral partner hiring spree.
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