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Selecting New Partners
Over the past year and a half, the recession has sparked a dramatic rise in lateral partner moves as law firms have tried to expand active practice areas and partners have sought safety in ever-larger firms.
Major, Hagen & Africa conducted a proprietary survey of nearly 200 law firms worldwide with a particular focus on the United States. The survey sought to assess what factors are taken into account by law firms when selecting new partners and how partner selection is affected by size and structure. It focuses on:
- factors taken into account by law firms when deciding to appoint new partners
- different law firm models, including partnership tiers
- length of partnership track
- how and when law firms prepare associates for partnership
- the selection process
We surveyed international, national, regional, local and boutique law firms in several regions of the country, to examine differences among law firms.
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