No surprise, lawyers who can leave frequently do. That's what should terrify the leadership at Patton Boggs. I have to assume that word of mouth on the underground grapevine is to seek out more secure employment, if possible.
In American Lawyer Daily, Brian Baxter reports that four lawyers are bailing from troubled Bingham McCuthen to Morgan Lewis. As you may recall BM's 2013 gross revenues had declined 12.6 percent. That's a lot. And it's more than enough to scare. Here is the AML coverage (sub. req.) Of course, more defections should be coming.
The ethos of Look Out for Yourself was first told to me and hundreds of others in Outplacement at Kraft in 1987. Perhaps that was a little late for most of us. We were told that we had to be 100 percent in charge of our careers. Forget old-line values like loyalty to a boss, department or company. I was among those who were stunned. Since beginning my corporate career with Chevron I had embraced paternalism. They would take care of me if I pulled out all stops taking care of them.