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There will possible be ripple results past these regulation corporations. A agency would possibly see Paul Weiss doing a troublesome and difficult factor like taking 13 companions from Kirkland and begin to consider motion on the prime. It evokes different corporations to strategy the market in a extra focused and proactive approach.
— Sabina Lippman, co-founder of authorized recruiting agency Lippman Jungers, in feedback given to the American Lawyer on the potential results that the back-and-forth lateral accomplice swipes between Paul Weiss and Kirkland might have on the remainder of the Biglaw market. “[T]hese kinds of moves generate excitement and motivate other attorneys to dip their toes in the lateral market,” she stated.
Staci Zaretsky is a senior editor at Above the Law, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to e-mail her with any ideas, questions, feedback, or critiques. You can comply with her on Twitter and Threads or join along with her on LinkedIn.