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MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14

MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14

MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14

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<strong>20<strong>14</strong></strong> L<strong>AW</strong> FIRMS IN TRANSITIONLaterals Strategy: Economic ImpactQ:Consider<strong>in</strong>g all of the lateral moves to and from your firm <strong>in</strong> the last five years,please assess the overall economic impact lateral partner movement has had onyour firm.0 – Our firm is much weaker Our firm is much stronger – <strong>10</strong>50%40%% Response30%20%<strong>10</strong>%0%26.5% 25.8%13.1% 13.8% <strong>10</strong>.1%2.7% 3.4% 4.4%0.3% 0.0% 0.0%0 1 2 3 4 5 6 7 8 9 <strong>10</strong>Economic impactECONOMICIMPACTLOW MODERATE HIGHRATING 0 1 2 3 4 5 6 7 8 9 <strong>10</strong>RESPONSE 19.5% 66.1% <strong>14</strong>.5%Median rat<strong>in</strong>g: 7An Altman Weil Flash Survey 55

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