Recruiter a major matchmaker for top firms, attorneys.So far this year, the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. legal market has been rife with mid-market mergers and intense competition for talented partners with million-dollar client lists. In April, Newport Beach-based Stradling Yocca Carlson & Rauth LLP LLP - Lower Layer Protocol opened a Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. office with three lawyers that had been running the Santa Monica office of rival Newmeyer & Dillon LLP. Stradling landed corporate partner Timothy Silvestre and two associates and Newmeyer closed its office. Lewis Feldman and 10 attorneys exited Pillsbury Winthrop Shaw Pittman Pillsbury Winthrop Shaw Pittman LLP is an international, full-service law firm with strengths in the energy, financial services, real estate and technology sectors and offices located throughout the United States and the world, including key financial centers such as New York, LLP for Goodwin Procter Goodwin Procter LLP is a law firm based in the United States, with a team of 750 attorneys serving clients through offices in Boston, Los Angeles, New York City, San Diego, San Francisco, Washington, D.C. and Palo Alto. LLP. Feldman, the second-most highly paid partner at Pillsbury, brought his top-notch real-estate client portfolio with him. And last month, Rich de Bodo departed from Irell & Manella LLP, one of the country's most respected intellectual property firms, for Hogan & Hartson LLP. De Bodo also took an impressive portfolio of science IP clients to Hogan & Hartson. All of these moves were generated by recruiter Dan R. Hatch, head of the partner practice at Major Lindsey & Africa LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "I had a pretty good year last year, but it was nothing like this one," Hatch said. Recruiters typically receive a 25 percent take and the majority of his clients earn more than $1 million a year. There's a reason for the flurry of activity, Hatch said. "The numerous moves in the market are a continuation of a trend where partners value the proliferation of their personal career over lifetime loyalty to a law firm," he said. Contributing to the heated market has been the overall health of the legal industry. "Most law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Hatch credits the resources and connections of his firm, with 17 offices worldwide, for his ability to make these moves happen. "Dan is a person who has a lot of understanding of the legal market as well as the ability to be an honest broker," said Goodwin Proctor's Feldman. "I don't think he's just on a mission to make a commission. I really believe he's in it for the long-term relationships." Feldman sees stratification as another reason for all of the movement. "Firms are increasingly separating into different tiers and the most productive and profitable firms are able to attract the most productive and profitable lawyers," he said. "People don't just move for money, but the success of a law firm and the proof, which is oftentimes in its profitability, can be big inducement Inducement Electra incited brother, Orestes, to kill their mother and her lover. [Gk. Myth.: Zimmerman, 92; Gk. Lit.: Electra, Orestes] Hezekiah exhorts Judah to stand fast against Assyrians. [O.T. and highly seductive for change." |
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