Thursday, September 13, 2018
P. Cecchi-Dimeglio (Harvard) & H.A. Simons (Ropes & Gray, Boston), Lateral Moves: An Empirical Investigation of Cyclicality, Directional Mobility, and 5-Year Retention Rate by Gender and Age Cohort, 42 J. Legal Prof. 171 (2018):
The present empirical study examines the movements of lateral partners across Big Law firms in the context of what is known as "boundaryless career" movements. We provide statistical evidence on the patterns of the lateral moves of 2,353 partners who moved between AmLaw 100 firms between 2010 through 2012. Our research explores the cyclicality and directional mobility (upward versus downward in terms of new firm profit per partner (PPP) rank and absolute level of new firm PPP rank) of partner moves and their relationship to five-year retention rate (5 years from the initial move) from a gender and age cohort perspective.
This study aims to deepen our understanding of the dynamics and forces at play for lateral movers both from a gender, age, and firm PPP perspective.