Firms that have established offices in Boston over the past couple years are seeking to expand by acquiring lateral hires. Filling an office in this manner is not easy, and firms understand that it requires patience and sometimes just good timing to find individuals who will be a good fit. The competition for top laterals in Boston is fierce among the firms new to the market. In general, large firms are looking for $1 million in portable billings, and some are offering signing bonuses starting at $50,000 and even reaching $150,000.
Source: www.law.com