'Burying the Hatchet': Law Firms Find Good Reason to Court 'Boomerang' Partners | The American Lawyer - Law.com

What You Need to Know

• Recent data from LinkedIn shows that 4.3% of job switches in 2021 were boomerang hires.
• Nixon Peabody and Dechert are embracing the phenomenon, while Wilson Sonsini has stood out over a five-year span.
• One analyst suggests the law firm world trails the wider economy in embracing the trend.

It might sting when valued attorneys walk out the door to join a rival. But it’s smart business to put on a good face—law firms may be welcoming them back at a later date.

Recent data from LinkedIn shows that 4.3% of job switches in 2021 were “boomerang hires,” up from less than 2% in 2010. And while the company did not present specific details on the legal industry, or even the wider “professional services” realm, several Am Law 100 firms have succeeded in bringing back a significant number of boomerangs in recent months.

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source: https://www.law.com/americanlawyer/2022/04/11/burying-the-hatchet-law-firms-find-good-reason-to-court-boomerang-partners/

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