After a monumental financial year for law firms, the associate lateral hiring market is on a hot streak, and firms are making every effort to entice more corporate young lawyers, including huge signing bonuses and extending offers to associates the day of their interviews.
Big law is on a hiring frenzy for regulatory, policy and enforcement lawyers, with a string of big firms in mid-April adding former government lawyers, prosecutors and legislative aides.
It has been well over a year since the COVID-19 pandemic pushed law firms to quickly move out of their office spaces. Law firms have taken a wide-range of approaches when it comes to getting people back into the office. Some firms moved personnel back in last summer, while others are still remote, or as close to it as they can.
A young lawyer with three children abandoned a job at a firm to seek a better work-life balance, with a new position inside of a corporate legal department. The past year has been full of late-night Zoom calls, scrambling to keep up with a shifting regimen of public health regulations and not as much influence over the company’s overall policies than the lawyer originally sought out.
If you’re NOT going to be transparent when making the lateral move, don’t bother.
Partners are opting to continue working well into their 60’s and beyond – act decisively and quickly. There will never be a better time to make the lateral partner move.
Take control of your practice. Put yourself in a position to attract and retain clients you admire and find challenging and interesting. Become less dependent on others to feed your pipeline.
As law firms start the process of reuniting their lawyers in the office, a few lawyers are rebelling—threatening to leave their firm for another, so that they can continue to work from home.
As Big Law continues to plan for office returns, large law firms are more and more diverging on flexible work arrangements—specifically on whether to require a certain number of days in the firm office space for lawyers and staff, and if so, how many days?