They knew you were trouble when you lateraled in….
The post Biglaw Partners Are Entering Their ‘Free Agency’ Era appeared first on Above the Law.
Ed. note: Welcome to our daily feature, Quote of the Day.
Perhaps the most transformative change in the profession in recent years has been the advent of free agency among partners and even among certain clients. Partners no longer presumptively stay with their firms for life. Clients, too, switch firm loyalties with increasing frequency. These are today’s market realities.
— Brad Karp, chair of Paul Weiss, in comments given to the American Lawyer, on the trend of partners’ free agency, which has changed the face of what recruiting looks like across the legal landscape.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.