DLA Hire May Signal Law Firms' Shift To Outside Managers
By Abigail Rubenstein (October 27, 2011, 8:12 PM EDT) -- DLA Piper has reportedly hired former Linklaters LLP's head Tony Angel as co-global chairman, an unusual move that experts say may prompt other law firms to consider bringing outsiders into their management ranks as firms move toward more corporate business models.
While corporations frequently install executives from outside the company, law firms almost always promote managing partners from within their partnership, making DLA Piper's move nearly unprecedented.
"It's a brave move, and it might very well pay off," said Jack Zaremski, founder and president of Hanover Legal Personnel Services Inc. "I imagine they wanted to get a high level, experienced professional...
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