Data Insights

Pirical Rankings: Which AM Law 101-200 Firms Have The Best Lateral Partner Retention?

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.