The firm has frequently hired senior professionals from a variety of fields.
"Today, firms will hire a mediocre lawyer who can bring $5 million in business."
The firm recently hired one of the students who participated in the program and says there are other promising prospects.
Asked whether there was a chance his firm would hire any, he said, "There's no question we can."
The firm hired him after the completion of his apprenticeship.
To cope, the firm recently hired its own analyst to study bonds.
To be sure, not every firm or company will hire older lawyers at high levels.
That firm was trying to build its research department and was hiring people with no experience who could learn quickly.
Some firms hire lawyers to do nothing but free legal work for those in need.
The firm had hired people all along in the wrong proportions.