Growth Spurt: Firm Picks Up 53 Laterals in One Day
While this is not an international acquisition by any stretch of the imagination, it is another example of the increasing mobility of groups of lawyers throughout the profession both domestically and internationally. It is also reminiscent of the recent jump of most of Thacher Profitt's Latin American practice, including Thacher's Mexico City office, to Chabourne. It might be logical to assume that the economic downturn in the US and elsewhere will put more stress on law firms and accelerate the pace of combinations, whether they are called "laterals" as this one was, mergers, or just poaching a practice group.
Wednesday, July 2, 2008
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