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In this article, Jenner & Block Partners Rick Richmond and Kelly M. Morrison and Associate Nayiri Pilikyan explain that hiring laterally, particularly from a direct competitor, can be tricky. Senior employees, they observe, may be more likely to know the valuable secrets that their current employers hold. They offer strategies for mitigating risks that come with hiring laterals. “An employer should be cognizant of the risks that may result from hiring a lateral candidate from a competitor,” they conclude.