Which BigLaw firms hire the most lateral partners in their firm?
Law Firms
Which BigLaw firms are hiring the most lateral partners?
September 5, 2024, 8:59 am CDT
“In a flat or contracting market, the only way to grow demand is to take market share from your competitors at the top,” Frank Lopez, the chair at Paul Hastings, told Bloomberg Law.
Frank Lopez, the chair at Paul Hastings, is hiring partners away from rivals with the aim of creating “exponential impact,” he told Bloomberg Law.
During the first six months of the law firm’s fiscal year, billable hours increased 12%, Bloomberg Law reports. This is four times more than the average of the 50 largest firms in the United States, based on the first half of 2024. Bloomberg Law’s chart of lateral hiring through July this year shows that Paul Hastings is only one firm behind the top 50 firms in terms of lateral partner hiring.
