Partner and associate mobility data from the second quarter of this year suggest that there’s never been a better time in recent years for law firms to hire lateral candidates, particularly experienced partners. This uptick in lateral movement signifies an active market, as partner mobility is up 20% compared to the previous seven-year average. This trend includes peak years such as 2021 and 2022, known for record-high partner movement and compensation. Julie Henson and Greg Hamman at Decipher Investigative Intelligence emphasize the importance of understanding potential red flags when considering new lateral hires.
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