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Legislation Corporations
Which BigLaw corporations are rising lateral affiliate hiring essentially the most? One made authorized headlines final 12 months
No. 1 for uncooked numbers in lateral affiliate hiring is Lewis Brisbois Bisgaard & Smith, which needed to grapple with the lack of 140 legal professionals who left to begin a brand new agency final 12 months. (Picture from Shutterstock)
As a complete, BigLaw corporations have lowered lateral hiring of associates over the past two years, a phenomenon documented in a report by the Nationwide Affiliation for Legislation Placement.
However some excessive grossing regulation corporations are bucking the pattern, Reuters experiences in a story that depends on knowledge from authorized knowledge intelligence supplier Leopard Options.
No. 1 for uncooked numbers in lateral affiliate hiring is Lewis Brisbois Bisgaard & Smith, which needed to grapple with the lack of 140 legal professionals who left to start a new firm final 12 months.
Lewis Brisbois employed 279 lateral associates in 2023, an “uncharacteristically excessive” quantity, the agency’s managing accomplice, Greg Katz, informed Reuters columnist Jenna Greene in an electronic mail. The agency has additionally improved its administration construction and is bringing on “prime expertise of each expertise degree,” Katz stated.
Regardless of the brand new hires, Lewis Brisbois had 48 fewer associates on the finish of 2023 than initially, when there have been 659 associates, in accordance with Leopard Options, which collected its knowledge from the web sites of the nation’s 200 prime grossing corporations.
However the brand new agency made up of former Lewis Brisbois legal professionals fared a lot worse. It imploded amid revelations that two of its leaders had despatched offensive and derogatory workplace emails.
Different BigLaw corporations rising lateral affiliate hiring are Jackson Lewis (which employed 130 lateral associates final 12 months) and Paul, Weiss, Rifkind, Wharton & Garrison (which employed 113 lateral associates in 2023).
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