U.S. Firms Scale Back London Recruitment as Lateral Hires Fall to Five-Year Low

February 26, 2010 Lateral partner hiring by U.S. firms in London fell to its lowest level since 2004 last year, according to new research from Legal Week.

A survey of hiring trends at the London operations of 37 of the biggest U.S. and trans-Atlantic firms found there were just 59 lateral partner moves in 2009, with many firms shying away from expansion against the backdrop of the global recession.

Read more at www.law.com.

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