Welcome back to the Big Law Business column. I’m Roy Strom, and today we check in on Big Law’s ambitions in California. Sign up to receive this column in your Inbox on Thursday mornings.
Not long ago, California was among the hottest destinations for some of the country’s most profitable law firms.
Times have changed.
Lateral partner hiring has cooled across Big Law since a mad scramble for talent in the pandemic era, when rock-bottom interest rates spurred record-setting dealmaking.
A specific pocket of lateral hiring has taken one of the biggest hits: The number of partners hired in ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.