Mon, 20 May 2013
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White & Case: no loitering
@BVI - Totally agree with your last post. W&C needs to focus on moving up the rankings in terms of M&A which should bolster their profitability. At the same time, they need to focus on cutting costs, becoming leaner and more profitable to attract the best lateral partner talent. Law firm mergers may work in the short run or to quickly establish a presence in a new market, but there is a high risk of failure with the best partners leaving after a few years. The risks are less with just hiring lateral partners with a book of business, and efficiency and costs can be reined in, which is what W&C is doing.
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