Cue up the theme from Jaws: A terrifying report from insurance broker Ames & Gough reminds firms of the unexpected and the unknown dangers in the lateral waters.
In 2017, Ames & Gough released a survey of legal professional liability insurers in which nearly half of those polled – representing the majority of the Am Law 100 – reported an uptick in claims stemming from lateral hires. Alarmingly, half of these insurers traced malpractice claims to law firms not adequately resolving a conflict of interest.
Lateral lawyer moves in Q2 2023 truly show a tale of two cities: Partners continued to move at a brisk pace, while associate moves dropped
More than halfway into the year, it’s clear that 2023 will, despite some significant headwinds, be another banner year for lateral partner moves: As of
We admit it: Sometimes it’s tempting to lead with the negative information from pre-hire investigations. Bullying behavior, inflammatory social media posts, fabricated client relationships –
When looking at the data, 2022 not only confirmed what is known throughout the profession – there aren’t enough women partners, and they still aren’t
The average turnover for AmLaw 200 firms is 26.3 percent, according to analysis by Decipher Investigative Intelligence – so simply put, for every four lawyers
With a quarter of 2023 in the books, it’s safe to say the lateral gold rush has slowed to a mellow stream. According to data
When it comes to law firm turnover, there are two things you must know: It’s higher than you think it is. That doesn’t have to
It’s January, which means it’s comp season for many law firms…soon to be followed by an influx of lateral candidates who were unhappy with their
Even before the COVID-19 pandemic, hiring lateral partners was an inherently risky endeavor. In 2017, insurance broker Ames & Gough released a survey of legal
Hiring lateral partners can be an irresistible proposition for law firms seeking immediate growth. According to a recent survey by Decipher Investigative Intelligence, 79 percent
The lateral partner questionnaire (LPQ) should not be a mere formality – instead, it should be considered your first line of defense in lateral partner
It’s been a year and a half since the first COVID-19 lockdowns changed everything. To be sure, many effects of the pandemic are far more