5 Firms That Landed Major Rainmakers This Year

Law360, New York (August 19, 2016, 8:53 PM EDT) -- The reasons law firms pursue rainmaker laterals can range from specific needs to fill undermanned practice areas to bigger-picture goals like boosting brand reputation, but industry experts agree that landing a new hire with an established book of business can have many benefits that may not be readily apparent.

Attracting a partner known for bringing in business can deliver a much-needed shot in the arm to the entire firm, according to Jeffrey Lowe, the global practice leader at recruiting firm Major Lindsey & Africa.

“Not only do they benefit the practice areas in which they’re an expert, but hopefully they’re so...

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