Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
You
have
to
have
the
financial
strength
to
pay
people
what
they’re
worth
in
the
market.
—
Frank
Lopez,
chair
of
Paul
Hastings,
in
comments
given
to
Bloomberg
Law,
on
his
firm’s
aggressive
recruiting
of
rainmaker
partners
for
top
dollar,
which
was
one
of
the
top
trends
of
2024
across
the
Biglaw
landscape.
At
some
firms,
highly
sought-after
partners
were
able
to
collect
$20
million
or
more
to
make
a
key
lateral
move.
Staci
Zaretsky is
a
senior
editor
at
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.