Ed. note: Welcome to our daily feature, Quote of the Day.
[W]ith the rise in hiring, I would imagine there will be [an] increase in failed hires, so firms will rush to hire attorneys to fill holes and perhaps not do their proper due diligence on the hiring or properly integrate the hires.
— Phil Flora, director of sales at Leopard Solutions, in comments given to the American Lawyer, concerning the race to hire attorney talent at Biglaw firms with “growth mindsets,” which he expects to continue “across the board” in 2025. According to Flora, who tracks industry hiring, “failed hires” happen when lateral attorneys leave the new firm almost as quickly as they were hired. Per Leopard’s data, ~6% of lateral partners hired in the last two years have already left their firms for new employment opportunities.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.