The days of associates being promoted to partnership and remaining at that firm for their careers are, for many lawyers, an historical anachronism. Though the grass can be greener in other pastures, it is not always the case. Given the increasing mobility of partners and increasing acceptance by firms that lateral hires can be key for growth, the panel discussed the motivations for partner moves; lateral hiring strategies; what a success lateral-hire strategy looks like; factors that may cause lateral partners to fail; and how to ensure the lateral hire can benefit the firm, its partners and the lateral hire.