The article discusses the current trend of partner lateral moves within law firms, emphasizing that even those firms traditionally resistant to departures are now vulnerable in today's competitive hiring environment. Comments from industry leaders, including Sabina Lippman of CenterPeak and Matthew Bersani of Cliff Group, underscore this reality, suggesting that no firm is immune to partner movements as high demand for legal talent continues to shape the landscape of hiring in the legal field.
"[T]here is no firm that is immune from those kinds of lateral movement anymore," said Matthew Bersani of Cliff Group, in agreement with Lippman.
Generically, all firms are vulnerable. This hiring environment shows that even firms with historically low departures are now experiencing them."
Sabina Lippman, firmwide managing partner of recruiting firm CenterPeak, noted the active hiring market, stating partners are moving to competitors more frequently.
Matthew Bersani highlighted that the recent wave of partner departures is notable for firms that typically don't see such movements."
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