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Is it the end of the road for lateral hires?

By Mike Jones, CEO, IV League Talent

28 June 2012

By Mike Jones, CEO, IV League Talent

Some recent studies have shown those running law firms something that they already knew but may 
not have quantified: lateral hires involve huge costs and attrition, which together equate to huge risks. And yet, firms 
persist in going down that route for 
their star appointments.

In a study completed last year and published in Lateral Partner Hiring and Integration for Law Firms, Mark Brandon presented some stark statistics. He revealed that 44 per cent of partners 
hired since 2005 were no longer with 
the firms that recruited them.

What’s worse is the associated recruitment cost in making those hires – 
a mind-boggling Want to read on?

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