Pirical has been working with customers to diagnose their current state of productivity and to test ideas about what really drives productivity across the market.

Lateral Partner retention is a vital metric for law firms. "Each year, law firms invest countless hours, money, and resources in their lateral hiring efforts" , so the success rate of each lateral hire has significant implications to any firm. Based on input from a number of firms, a key window for a lateral Partner hire is the first 3 years from joining. Within that timeframe, most firms will have a sense of whether the hire is going to be a success, or not! Using publicly-available data tracked by Pirical , we've analyzed how many of the lateral Partner hires made by AM Law 100 firms between 2020-2022 exited the firm within 3 years of joining.

The Volume of Lateral Moves From AM Law 1-50 to 101-150 Firms has Increased by +45% Over the Last 3 Years.

Which law firms had already positioned themselves years earlier to capture what may become the largest energy legal market since post-invasion Iraq?

Many of the larger law firms have moved all or parts of their Real Estate practice out of London to regional cities like Birmingham.