Law Firm Lateral Market To Gain Steam In 2012

Law360, New York (January 1, 2012, 12:00 AM EST) -- The lateral market rebounded in 2011 after years of recession-induced drought, and while some practice groups are still suffering thanks to lagging markets in real estate and mergers and acquisitions, the trend is nevertheless expected to continue in 2012, experts said.

“It feels like it's been picking up steam and will continue to do so. There's a lot of people looking to make moves,” said Christopher Petrini-Poli, chief operating officer at consulting firm HBR Consulting LLC.

Law firms are looking to add more laterals in order...
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