What Does Lateral Partner Success Look Like?

Law360, New York ( April 6, 2017, 11:20 AM EDT) -- In parts 1 and 2 of this series, we asked law firms to take a look in the mirror with regard to lateral partner hiring and discussed whether lateral recruitment opportunities where shaping law firm strategy instead of the other way around. In the final segment of this series, we review a number of factors law firms should consider when measuring the success of a lateral hire. Once a firm has made a lateral partner or group hire, it's logical that after a period of time has passed, firm management would want/need to ask the ultimate question — was the hire "successful" for the firm and for the lateral(s)? In determining "success," consider the following:...

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