{"id":98244,"date":"2024-12-19T21:04:02","date_gmt":"2024-12-20T05:04:02","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/19\/biglaw-partners-are-entering-their-free-agency-era\/"},"modified":"2024-12-19T21:04:02","modified_gmt":"2024-12-20T05:04:02","slug":"biglaw-partners-are-entering-their-free-agency-era","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/19\/biglaw-partners-are-entering-their-free-agency-era\/","title":{"rendered":"Biglaw Partners Are Entering Their \u2018Free Agency\u2019 Era"},"content":{"rendered":"<p>They knew you were trouble when you lateraled in&#8230;.<br \/>\nThe post Biglaw Partners Are Entering Their \u2018Free Agency\u2019 Era appeared first on Above the Law.<\/p>\n<article id=\"post-1078863\" class=\"post-1078863 post type-post status-publish format-standard has-post-thumbnail hentry category-biglaw tag-biglaw tag-lateral-moves tag-partner-issues tag-quote-of-the-day\">\n<div class=\"post__content single-post\">\n<div class=\"single-post__wrapper\">\n<div class=\"single-post__content-column\">\n<div id=\"single-post-content\" class=\"single-post__content\">\n<p><em><u><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-419751 size-medium\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2016\/05\/Biglaw-partner-associate-ratio-leverage-300x225.jpg?resize=300%2C225&#038;ssl=1\" alt=\"\" width=\"300\" height=\"225\" title=\"\">Ed. note<\/u>: Welcome to our daily feature, <a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p><strong>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\u2019s market realities.<\/strong><\/p>\n<p><strong><em>\u2014 <a href=\"https:\/\/www.paulweiss.com\/professionals\/partners-and-counsel\/brad-s-karp\" target=\"_blank\" rel=\"noopener nofollow\">Brad Karp<\/a>, chair of Paul Weiss, in comments given to the <a href=\"https:\/\/www.law.com\/americanlawyer\/2024\/12\/18\/never-been-more-dynamic-big-law-leaders-reflect-on-2024-and-expectations-next-year-\/\" target=\"_blank\" rel=\"noopener nofollow\">American Lawyer<\/a>, on the trend of partners\u2019 free agency, which has changed the face of what recruiting looks like across the legal landscape.<\/em><\/strong><\/p>\n<p><strong><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-441281\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"Staci Zaretsky\" width=\"150\" height=\"100\" title=\"\"><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Staci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#1d6e697c7e745d7c7f726b78697578717c6a337e7270\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>They knew you were trouble when you lateraled in&#8230;. The post Biglaw Partners Are Entering Their \u2018Free Agency\u2019 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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98245,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,17],"tags":[],"class_list":["post-98244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law","category-legal_matters"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2024\/12\/Biglaw-partner-associate-ratio-leverage-tIQTxe.jpeg?fit=1000%2C751&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=98244"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/98245"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=98244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=98244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=98244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}