This is the latest update on lateral partner and counsel moves in the Washington, D.C. area. The data included in these reports is primarily derived from Firm Prospects LLC. For more details and analysis, including a list of laterals for the month, please contact Steve Nelson.
Lateral hiring picked up in November as 55 partner and counsel moves were reported, up from 45 in October and 49 in September. The number of moves was also higher than in November 2022, when 49 moves were reported.
Moreover, five group moves occurred in November, raising the number for the year to 46. Two of the groups that moved came from the now-dissolved Stroock & Stroock & Lavan—a real estate group that joined Hogan Lovells, and an international trade and national security practice that joined Squire Patton Boggs. Other groups that moved in November were a real estate group that joined Polsinelli from Nelson Mullins Riley & Scarborough, a three-partner intellectual property group that left McDermott Will & Emery for Rimon Law, and two government relations partners that left Dentons for Mayer Brown.
Two other firms reported multiple moves in November—-Brown Rudnick and Paul, Weiss, Rifkind, Wharton & Garrison.
Four government lawyers entered private practice in November, while five lawyers came from in-house positions.
Only 10 women were among the 55 movers (18.2 percent), with four entering as partners. That compared to 31 of the 45 men (68.9 percent) who joined their new firms as partners.
Intellectual Property was the leading practice represented, with seven movers. Other active practice areas included Energy (6), Real Estate (6), Litigation (5), Government Relations (3), Banking (3), Investment Management (3), and International Trade (3).
The McCormick Group’s consulting offering, TMG Competitive Intelligence, provides critical insights concerning lateral partner hiring across the nation. Under that program, TMG analyzes lateral movement in a particular geography, practice area, or industry to determine critical trends, including:
- Amount of movement, not just in raw numbers, but in comparison to the number of lateral targets.
- Competitor performance, both in terms of lateral entries and departures.
- Information based on gender, race, and ethnicity.
- Breakdowns by practice area and industry.
- Movement of groups vs. individuals.
For more information on TMG Competitive Intelligence, firm representatives should call TMG’s Executive Principal Steve Nelson