Ed.
note:
Welcome
to
our
daily
feature, Quote
of
the
Day.
The
lateral
partner
market
has
gotten
more
and
more
active,
and
we
always
felt
it
was
a
matter
of
time
before
it
reached
the
very
elite
tier
of
firms.
The
gloves
are
off
and
virtually
no
one
is
untouchable
anymore.
People
should
get
used
to
seeing
that
at
firms
that
historically
lost
very
few
partners.
— Jeffrey
Lowe,
market
president
of
Washington
DC
for
legal
recruitment
firm
CenterPeak,
in
comments
given
to
Bloomberg,
concerning
the
recent
wave
of
partner
departures
from
Cravath,
a
firm
long
known
to
hold
onto
attorney
talent
from
the
cradle
to
the
grave.
As
we
noted
in
2024,
it’s
no
longer
a
rarity
for
lawyers
to
leave
the
firm,
and
the
trend
is
only
seems
to
be
increasing.
“Cravath
doesn’t
really
support
stars
in
the
same
way
that
other
law
firms
might,”
New
York
legal
recruiter
Alisa
Levin
said,
“and
it’s
an
opportunity
to
shine
bright
elsewhere.”
Staci
Zaretsky is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to email her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.