Cubs vs. Yankees: Why Lateral Hiring for Most Law Firms Makes Sense

It is amazing that the legal media continues to actively discuss whether lateral hiring is a good idea.  The gist of the argument appears to be that law firms seeking to expand their revenue base or enter a new practice area have no real alternative but to actively seek lawyers with portable business to join […]

Managing Expectations: Compensating Unique Lateral Partners

Occasionally firms are presented with a unique opportunity to attract a senior in-house lawyer or governmental official as a lateral partner.  If such a person becomes successful, the rewards to the firm can be staggering.  But the failure rate of lawyers who intend to build a practice from scratch, regardless of their credentials, is high.  […]