According to a new survey reporting the experiences of over 1,000 partners who have made lateral moves over recent years, partners are happier at their new firms than they were 10 years ago. However, expectations about the firm’s ability to expand and support their practices are still not being met, causing many of the departures. The survey reported the firms that most met expectations and satisfied new partners. Among those in the top quartile were Orrick, Herrington & Sutcliffe; Gibson, Dunn & Crutcher; Cooley Godward Kronish; and Sedgwick, Detert, Moran & Arnold. The most important factor putting these firms at the top of the list was the level of emphasis they placed on integrating new partners. Partners were much happier with some sort of integration program rather than just being thrown in to fend for themselves.
Source: www.nylawyer.com
