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Former Kirkland & Ellis Partner Talks about Lateral Bubble

published February 20, 2012

By CEO and Founder - BCG Attorney Search left
Published By
( 5 votes, average: 4 out of 5)
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02/20/12

Former Kirkland & Ellis Partner Talks about Lateral Bubble


Steven J. Harper, a former partner in the law firm Kirkland & Ellis, has said that there is a bubble developing in the lateral market. Harper is now an adjunct professor at the Northwestern University and writes about law schools and the legal industry on his blog. In his latest column, he says that the idea of paying top dollar to get laterals has caused a bubble in the market.

Harper is of the opinion that the law firm structure itself encourages a frenzy to get as many laterals as possible and a destructive race to the bottom. Each partner works in a ‘silo’ environment where he keeps clients away from other partners; to maximize his own compensation. But this structure makes it easier for a partner to make a lateral move.

Harper is also an author who has published three books so far. His latest work is the legal thriller ‘The Partnership’ set in the backdrop of a law firm.

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.

published February 20, 2012

By CEO and Founder - BCG Attorney Search left
( 5 votes, average: 4 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

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