Pirical data tracking 50,000+ lawyers across PE and capital markets practices reveals a three-year talent reshaping more dramatic than the numbers indicate.
Lateral Partner retention is a vital metric for law firms. "Each year, law firms invest countless hours, money, and resources in their lateral hiring efforts" , so the success rate of each lateral hire has significant implications to any firm. Based on input from a number of firms, a key window for a lateral Partner hire is the first 3 years from joining. Within that timeframe, most firms will have a sense of whether the hire is going to be a success, or not! Using publicly-available data tracked by Pirical , we've analyzed how many of the lateral Partner hires made by AM Law 100 firms between 2020-2022 exited the firm within 3 years of joining.
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Merger Mania
Hogan Lovells Stands to Significantly Strengthen its Footprint in the New York City Market.
By Merging With Taylor Wessing Winston & Strawn Would Bolster Their European Footprint, Primarily in London
By Merging With Perkins Coie, Ashurst Will Bolster Their Presence Across the United States
