Law360, Grand Rapids (June 23, 2017, 12:17 PM EDT) -- The retention of lateral hires at law firms is notoriously bad, with some estimates finding that only 47 percent of laterals remain at their new firm after five years.
Those statistics don’t have to apply to all law firms though, according to Jocelyn Brumbaugh of the Brumbaugh Group, who says that having a structured, deliberate, painstakingly organized plan for integration is the ticket to lateral retention.
“Putting together the documentation for all the little things that need to happen as well as the big picture items — that’s critical,” Brumbaugh said.
“Making that investment will pay off,” she added. “This isn't...
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