Laterals and Malpractice: Clear and Present Danger

Even before the COVID-19 pandemic, hiring lateral partners was an inherently risky endeavor. In 2017, insurance broker Ames & Gough released a survey of legal professional liability insurers specifically calling attention to the risks associated with laterals. That year, nearly half the insurers Ames & Gough polled – which represent the majority of the Am […]

Lateral Recruitment: Just How Portable Is That Book?

Hiring lateral partners can be an irresistible proposition for law firms seeking immediate growth. According to a recent survey by Decipher Investigative Intelligence, 79 percent of law firms listed business generation as the first or second most important quality in a lateral candidate. And yet, on this point, lateral hiring leaves much to be desired […]

Minding Your LPQs: How Firms Should Draft and Deploy the Lateral Partner Questionnaire

The lateral partner questionnaire (LPQ) should not be a mere formality – instead, it should be considered your first line of defense in lateral partner hiring. Sadly, too many law firms leave themselves vulnerable by starting with an  incomplete LPQ or failing to insist on thorough completion. Indeed, in a review of more than 1,000 […]