Surveys & Special Reports

Laterals & Growth: Law Firms in Transition 2011

Law firms are growing selectively in 2011.  As in 2010, Altman Weil survey research found that the top two growth options firms will pursue are the acquisition of laterals and the acquisition of groups.  Ninety-two percent of all law firms, and large majorities in every firm size category, plan to acquire laterals in 2011.  Sixty seven percent will also work to acquire groups of lawyers. This special excerpt from the Law Firms in Transition 2011 survey, reports on lateral retention rates, lateral success over 5 years and other growth trends.

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