When it comes to litigation to slow or stop the recruitment of a team by a competitor, disputes are often resolved in confidential negotiations or with recruiting firms getting cold feet once plans are unearthed. But as the war for talent rages, the tide may be turning. The stakes are high, but the risk of doing (or being seen to do) little could be a green light for a raid by competitors.
In the last year, US law firm focus on the City’s profitable work has grabbed the headlines. But so too has City firms’ apparent fightback, with reported confiscation of profit distributions, bolstered restrictive covenants and departure lounge clauses on the leadership agenda.
In this article for the Law Society Gazette, Caroline Field considers the issues, and what law firms can do.
