Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at the challenges of lateral hiring at a time when Big Law firms are protecting their balance sheets.
One of the most notable Big Law lateral moves in recent memory took place this week when Jenner & Block’s former chairman, Craig Martin, and five other partners launched a Chicago office for Willkie Farr & Gallagher.
That multimillion-dollar investment happened on the same day that Cadwalader, another Wall Street firm, made different news for saying it would freeze capital ...
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