Pirical data tracking 50,000+ lawyers across PE and capital markets practices reveals a three-year talent reshaping more dramatic than the numbers indicate.

See Pirical's Ranking of Which AM Law 101-200 Law Firms Have Seen the Most Significant Growth in the Past Year

Pirical has been working with customers to diagnose their current state of productivity and to test ideas about what really drives productivity across the market.

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.

The Volume of Lateral Moves From AM Law 1-50 to 101-150 Firms has Increased by +45% Over the Last 3 Years.