Firms Take Harder Line On Guaranteed Deals For Laterals

By Keith Goldberg (March 26, 2015, 2:19 PM EDT) -- The hypercompetitive nature of the modern legal marketplace means guaranteed contracts for laterals will never be consigned to the historical dustbin, but the sight of firms like Dewey & LeBoeuf LLP collapsing beneath the weight of hefty pay packages has made others put stricter limits on the financial promises they make to lateral hires....

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