Rich Schoenstein, a partner at Satterlee Stephens Burke & Burke, writes: The more senior the lateral partner, the more likely he or she is to bring along "groups" comprised of other partners, associates, and support personnel who assist the senior lawyers in their practice and are known to the clients. More senior partners are more likely to have an immediate, meaningful impact on the bottom line of the firms involved at both ends of the move. Accordingly, the transition of high-ranking partners or members of law firms creates additional angst, agita and argument.
Defection at the Top: Moves at the Executive or Director Level
New York Law Journal
October 15, 2013