Search
 

Law firms rely on lateral hiring

Law firms are expected to continue to use lateral hiring as a means to grow despite its questionable effectiveness, according to a new report by LexisNexis and ALM Legal Intelligence.

By Amanda McGrory-Dixon | Updated on October 23, 2012

Law firms are expected to continue to use lateral hiring as a means to grow despite its questionable effectiveness, according to a new report by LexisNexis and ALM Legal Intelligence.

In fact, 96 percent of respondents say they intend to hire laterally throughout the next two years, and three out of four respondents say their firms are anticipating more lateral hiring in the next five years. Many law firms believe lateral hiring is typically the quickest way for attorneys to generate business, says Russ Haskin, the director of consulting and services at LexisNexis; however, Haskin does not agree with this approach and refers to it as a “knee-jerk” reaction.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.