{"id":98344,"date":"2024-12-20T14:01:41","date_gmt":"2024-12-20T22:01:41","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/20\/partners-know-what-theyre-worth-so-biglaw-better-have-their-money\/"},"modified":"2024-12-20T14:01:41","modified_gmt":"2024-12-20T22:01:41","slug":"partners-know-what-theyre-worth-so-biglaw-better-have-their-money","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/20\/partners-know-what-theyre-worth-so-biglaw-better-have-their-money\/","title":{"rendered":"Partners Know What They\u2019re Worth, So Biglaw Better Have Their Money"},"content":{"rendered":"

Pay me what you owe me, say the rainmakers.
\nThe post Partners Know What They\u2019re Worth, So Biglaw Better Have Their Money appeared first on Above the Law.<\/p>\n

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\"\"Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

You have to have the financial strength to pay people what they\u2019re worth in the market.<\/strong><\/p>\n

\u2014 Frank Lopez<\/a>, chair of Paul Hastings, in comments given to Bloomberg Law<\/a>, on his firm\u2019s aggressive recruiting of rainmaker partners for top dollar, which was one of the top trends of 2024 across the Biglaw landscape. At some firms, highly sought-after partners were able to collect $20 million or more to make a key lateral move.<\/em><\/strong><\/p>\n

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\"StaciStaci 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 email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

Pay me what you owe me, say the rainmakers. The post Partners Know What They\u2019re Worth, So Biglaw Better Have Their Money appeared first on Above the Law. Ed. note: Welcome to our daily feature, Quote of the Day. You have to have the financial strength to pay people what they\u2019re worth in the market. […]<\/p>\n","protected":false},"author":0,"featured_media":98345,"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-98344","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\/GettyImages-952625486-5AM52f.jpeg?fit=508%2C339&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98344","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=98344"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/98345"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=98344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=98344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=98344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}