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Are we talking about mama’s former blue-eyed boy from Corporate Park and 3L’s annadaata?
Laterals coming with a book is understandable but how does one justify hiring of partners who have no book of their own?
Hahah tumhara bhi katega, Mr. Equity Partner (not in Trilegal obviously). Let the squid games begin!
Yes there have been some laterals but there have been over 12 internal promotions this year, so loyalty plus ability does seem to be rewarded.
Since this is LI, let me inform you that even I'm an equity partner in not just one but two T1s - and a 2023 BALLB grad too!
That's one way of looking at it, sure. The simple reality is that it's not partners being hired, it's clients. It's a tepid market and the only way of client acquisition now is inorganic, i.e., bring in folks who bring in existing clients.
All LI talks about is how 3L doesn't have money or clients. Please take a look at their deals announced and see how much money they get. All publicly available on LinkedIn