Ed. note: Welcome to our daily feature, Quote of the Day.
The firms at the very top of the echelon have separated themselves from the rest and they’re competing for the same talent. Firms are now sometimes even going down market to pull someone up who has clients who can stomach a rate increase.
None of this is new, it’s just happening much more frequently and with a lot more zeroes behind it.
— Tad Gruman, a legal recruiter for Macrae, in comments given to Bloomberg Law, concerning the battle for top-end Biglaw rainmaker talent. “There’s never been a recruiting landscape like there is now,” Gruman said.
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.