Higher-Earning Laterals Are More On the Move
By Andrew Maloney
CenterPeak's Jeff Lowe reveals a stunning shift: "This year is a stark contrast to where we were even as recently as five years ago." Top partners with $20-80 million books are jumping firms like never before, and Sabina Lippman says "it shows no signs of stopping." With lateral compensation up 6% and books growing 73% year-over-year, today's partners aren't following old-school loyalty rules. They're "trying to cash in at their peak." What's driving this unprecedented exodus from BigLaw's biggest earners?
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