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Market share: The key to growth

In a competitive legal market, Frank Lopez, chair at Paul Hastings, emphasized that “the only way to grow demand is to take market share from your competitors at the top.” According to a Bloomberg Law report, Paul Hastings ranks second in lateral partner hiring among the top 50 firms, securing 44 partners, just behind Kirkland & Ellis, which hired 71 partners. Other notable firms include Greenberg Traurig with 35 partners, DLA Piper with 32, and Holland & Knight with 28. This trend highlights the ongoing battle for talent in the legal sector.

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