This is the latest update on lateral partner and counsel moves in Texas. Included are all moves at AmLaw 200 firms; data 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 Saadia Sultan.
TMG’s monthly study of lateral moves in Texas revealed 37 partner and counsel moves in July 2024, up from 34 over the previous month, and up from 20 from July 2023. Overall, lateral hiring for 2024 is up over 34 percent from the previous timeframe in 2023.
Twenty-one of June’s moves occurred in Houston, 12 in the Dallas area, and 4 in Austin. All but four of the movers came from private practice with one coming from government and three from in-house positions.
Seven separate firms reported multiple moves during June with three group moves. Those included a tax group that joined Nelson Mullins, a real estate group that moved to Sheppard Mullin and a litigation group that joined Spencer Fane.
Twelve of the 36 lawyers (33%) were women, with seven (56.7 percent) entering as partners. That compared to 14 of the 24 men (also 56.7 percent) who joined their new firms as partners.
Litigation was the leading practice area represented, with seven practitioners. Other practice areas included:
- Energy (6)
- Corporate (4)
- Tax (4)
- Banking (3)
- Insurance (3)
- Intellectual Property (2)
- Labor & Employment (2)
- Real Estate (2)
- Data Privacy (1)
- Environmental (1)
- Healthcare (1)
- Trusts & Estates (1)
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.
